Month: February 2024

If you are in a financially difficult situation and are considering bankruptcy, it helps to understand how things work and the implications of filing under the various chapters. Given the consequences of making the wrong call, you cannot afford to take costly chances....

If you’re considering bankruptcy and doing some reading to learn more about the process, you may have come across the word “cramdown.” It’s most likely to apply in a Chapter 13 bankruptcy that involves a reorganization of debts. Cramdowns can also be used for Chapter...