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Posts tagged #BankruptcyBlog

Voting Against Self-Interest: The Economic Consequences Prof. Hernandez examines the 2026 economic slowdown and the $18T household debt crisis and why voting affects the economy.

This blog is from one year ago, which I updated, predicting results from tariffs to the economic impact of deportations on a massive scale. Unfortunately, these predictions were correct.

#2026Economy #bankruptcyblog

bankruptcy.blog/2025/04/poli...

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Is it possible to convert from Chapter 13 to 7? Yes, and it could be to your financial advantage to do so.

In this article, I discuss the issues to consider. πŸ‘‡

#bankruptcyblog #Chapter13Bankruptcy #chapter7

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Ignoring a creditor lawsuit is never a strategy that should be considered. Instead, take steps to protect your bank accounts from getting "frozen."

Learn how to protect your Social Security income. πŸ‘‡

#ConsumerRights #ConsumerProtection #bankruptcyblog #SocialSecurity

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With the high costs of vehicles and depreciation, with Chapter 13 bankruptcy, you can lower the car loan balance to the fair market value, potentially saving you thousands of dollars.

In today's article, I explain the "cramdown." See more below πŸ‘‡

#bankruptcyblog #Chapter13Bankruptcy #carloans

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Why Chapter 13 is the Ultimate IRS Tax Debt "Restructuring" Tool Bankruptcy Attorney & Law Professor explains how to restructure tax debt using Chapter 13 bankruptcy. Freeze interest rates.

Tax season is the busy season for bankruptcy lawyers. If you are considering filing for bankruptcy, today's article focuses on using Chapter 13 bankruptcy to renegotiate your IRS debt.

#Chapter13Bankruptcy #IRSDebt #bankruptcyblog

Read my latest article πŸ‘‡

bankruptcy.blog/2026/03/chap...

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Judgment Liens and Home Equity Erosion: The Silent Cost of Ignored Lawsuits Bankruptcy attorney and law professor explains how judgment liens trigger home equity erosion. Don't lose the equity in your home.

Unfortunately, ignoring a lawsuit doesn't make it go away. Quite the opposite, you risk having your wages garnished or even a lien on your home, and the balance could easily double or triple!

#Lawsuits #legaltipsforentrepreneurs #bankruptcyblog

bankruptcy.blog/2026/01/judg...

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Tariff Inflation and the Chapter 7 Bankruptcy Means Test Gap Bankruptcy Attorney & Law Professor explains how the 2026 tariff inflation affects the Chapter 7 Means Test.

Today's blog post will focus on the effect of tariffs on a Chapter 13 bankruptcy plan. It ties into this prior post on the tariffs and Chapter 7. πŸ‘‡

#bankruptcy #bankruptcyblog #tariffs #TariffImpact

bankruptcy.blog/2026/02/tari...

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If you reside in California and are considering bankruptcy, here's my latest blog post on the 2026 exemption updates.

#california #bankruptcyblog

See below πŸ‘‡

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Here's the latest list of locations shutting down due to Saks Fifth Avenue's bankruptcy filing, including the updated post below:πŸ‘‡

#saksfifthavenue #bankruptcyblog

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Sometimes the best way forward is to step out of bankruptcy entirely. βš–οΈ

Yes, there are times you should seek to dismiss your bankruptcy or even stop making payments into the Chapter 13 plan.

I discuss this in today's post:πŸ‘‡

#Chapter13Bankruptcy #bankruptcyblog

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Rite Aid will be closing 360 additional locations because of its bankruptcy filing and recent WARN notice. The closings are expected by June.

You have until June 4th for any returns and the use of Rite Aid gift cards, coupons, or rewards.

#WARN #riteaid #giftcards #bankruptcyblog

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Can there be more to a bankruptcy case than the 341 meeting of creditors? Yes, the trustee, creditors, or any interested party can seek a 2004 Examination, similar to a deposition.

Here's what you need to know πŸ‘‡

#bankruptcyblog #bankruptcylaw

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Same story as always: employees can't cash their checks when a company files for bankruptcy, but CEOs cash out millions.

#saksfifthavenue #bankruptcyblog #bergdorfgoodman

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Big Rock Sports has filed for bankruptcy as the firearms industry is facing a pullback from consumers in 2025!

#bankruptcyblog #bigrock #2ndamendment

See my latestπŸ‘‡

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Unfortunately, as predicted.

#bankruptcy #farming #bankruptcyblog

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Cryptocurrency has already been taking a hit these last few months.

Now, Archblock/TrustToken filed for Chapter 11 bankruptcy. Previously, they launched TrueUSD (TUSD) stablecoin.

#cryptonewsdaily #cryptocurrencynews #bankruptcyblog

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Here you see screenshots from my latest article focusing on the year-end bankruptcy filings, with an increase in filings across the board. I predict that the increase will continue in 2026.

#bankruptcytrends #bankruptcyblog #EconomicTrends

The full article is πŸ‘‡

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The Domino Effect: Why 2026 is the Year of the β€˜Job Hugger’ Liberal fodder or hurting those who need the most help? The USDA’s Household Food Security Report is coming to an end.

Jog hugging? That's not going away this year, as we witnessed a 76% spike in corporate bankruptcies last month.

#Jobhugging #bankruptcyblog #bankruptcytrends

Full details πŸ‘‡

bankruptcy.blog/2025/09/job-...

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A Pond & the Economy- Same Difference
A Pond & the Economy- Same Difference YouTube video by Bankruptcy Blog

This was 7 months ago, but it still applies today. Stagnant water kills, and a stagnant economy is no different. πŸ‘‡

#EconomicNews #bankruptcyblog

www.youtube.com/watch?v=QNOf...

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Did you know that 100% economists agree that the smaller the tax base, the less revenue there is and the worse that is for the economy?

#bankruptcyblog #immigrantsmakeamericagreat #Economics101

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If you have secured debt like a car or home and filing for bankruptcy, you will have to deal with a reaffirmation agreement. But there are times your lawyer will refuse to sign one. Why?

I explain the pitfalls in today's blog. πŸ‘‡

#bankruptcyblog #bankruptcylaw #reaffirmationagreement

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Project 2025 wants to dismantle the Consumer Financial Protection Bureau (CFPB).

Ask yourself why they would eliminate an agency that protects you against the large, powerful banks and corporations?

#CFPB #Project2025 #bankruptcyblog

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Can you keep your car if you file for bankruptcy? Yes, but under certain circumstances, you can even reduce the loan amount to the fair market value of your car, saving you thousands!

Here's my latest car loan and bankruptcy guide for 2026 πŸ‘‡

#bankruptcyblog #carloans #DebtManagement

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Popular retailer Eddie Bauer is preparing to file for bankruptcy.

#FinancialNews #eddiebauer #bankruptcy #bankruptcyblog

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Due to Sak's Fifth Avenue filing for Chapter 11 bankruptcy, Neiman Marcus Last Call will be shutting down all locations!

#saksfifthavenue #neimanmarcus #bankruptcyblog

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Judgment Liens and Home Equity Erosion: The Silent Cost of Ignored Lawsuits Bankruptcy attorney and law professor explains how judgment liens trigger home equity erosion. Don't lose the equity in your home.

Debtors have the tendency to say that creditors can't take their house. True, but they can take your equity. Same difference!

Here's what you need to know to protect your home.

#bankruptcyblog #bankruptcyattorney #CreditorsRights #assetprotection

bankruptcy.blog/2026/01/judg...

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The income figures for the Chapter 7 Means Test are updated regularly, which could help you qualify.

The latest figures for each state were published in this article. Full details below πŸ‘‡

#Chapter7 #Chapter7Bankruptcy #bankruptcyblog

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Once a creditor files a lawsuit against you and obtains a judgment, they will proceed to garnish your wages (15-25%) and freeze your bank accounts. Here are some tips to consider to protect your property.

Full article below in the comments: πŸ‘‡

#bankruptcyblog #CreditorsRights #lawsuits

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The top reasons for filing for bankruptcy are medical debt and health-related issues. But to make matters worse, hospitals sometimes take predatory collection steps that could wipe you out financially.

Read the full article below:

#hospitalbils #medicaldebt #bankruptcyblog

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There was a 14% rise for the year in foreclosures, and a staggering 57% year-over-year jump in December filings.

#foreclosures #foreclosurehelp #bankruptcyblog

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