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March 28, 2014

What is secured, unsecured, judgment lien and tax lien?

We had discussed few times both secured and unsecured debts, and our readers are bit confused, so we like to clarify it one more time, and […]
March 28, 2014

What are Priorities?

As you may know that the claims settlement for creditors is done under the priority claims which is set under the Bankruptcy Code, Section 507. We […]
March 28, 2014

Chapter 11–A preview.

Chapter 11 is specially enacted for businesses. However, certain individuals may also be entitled if they are not qualified both under chapter 7 or 13. Chapter […]
March 28, 2014

What is an automatic stay in Chapter 11?

The automatic stay provides a period of time in which all judgments, collection activities, foreclosures, and repossessions of property are suspended and may not be pursued […]