Category Archives: chapter 13
Bankruptcy Fraud and Hiding Assets
Whether you are an individual who is thinking about filing for Chapter 7 or Chapter 13 bankruptcy, or if you are a small business owner in the Tampa Bay area and are considering Chapter 7 bankruptcy or Chapter 11 bankruptcy, it is important to understand how hiding assets could result in bankruptcy fraud charges…. Read More »
Individual Chapter 11 Cases for People Who Have Too Much Debt to File Chapter 13
Most individual bankruptcy filings in the Tampa Bay area will be under Chapter 7 or Chapter 13. To be sure, when we think about personal bankruptcy, we often do not think about Chapter 11 bankruptcy, which is used most often by struggling businesses, such as restaurants in downtown Tampa. However, there may be certain… Read More »
Shopping Mall Bankruptcy
Insolvent Businesses and Bankruptcy Auctions When a business becomes insolvent, it’s unlikely that a bankruptcy court will approve a Chapter 11 reorganization. To be sure, it’s pretty difficult for such a business to prove that it might be able to repay any debts. And that’s exactly what happened recently in Plantation, Florida. According to… Read More »
“Chapter 20” Bankruptcy
What is “Chapter 20” bankruptcy, and how does it related to Chapter 7 and Chapter 13 bankruptcy? In some ways, it is a combination of filing for Chapter 7 bankruptcy and Chapter 13 bankruptcy. However, it is important to recognize that there is no such thing as “Chapter 20” bankruptcy under the U.S. Bankruptcy… Read More »
Learning More About the Automatic Stay in Bankruptcy
If you are thinking about filing for Chapter 11 bankruptcy in the Tampa Bay area, it is important to understand the protections offered by this form of bankruptcy. One of the most significant protections is the automatic stay. Under 11 U.S. Code § 362, seeking bankruptcy protection can prevent creditors from taking certain actions… Read More »
Tampa Homeowners and Chapter 13 Bankruptcy
When you file for Chapter 13 bankruptcy in Tampa and agree to surrender your home in conjunction with your repayment plan, can you go to a state court to keep your house? In short, the answer is no. Yet this is a question that is turning into a serious problem in South Florida, according… Read More »