• What is an Involuntary Bankruptcy?

      What is an Involuntary Bankruptcy? Posted on Mar 01, 2016 By Kathryn Davis March 1, 2016 by Kathryn Davis Almost all bankruptcies that are filed are voluntary bankruptcies. That is, the debtor decides to file for bankruptcy on behalf of him or herself. In addition to a voluntary bankruptcy, the law also allows for creditors to file an involuntary bankruptcy.

      Kathryn Davis/ Bond and Botes- 37 readers -
    • How Does Chapter 13 Bankruptcy Work?

      How Does Chapter 13 Bankruptcy Work? Posted on Aug 26, 2016 By Ed Woods August 26, 2016 by Ed Woods One very powerful remedy that financially strapped consumers have is a discharge pursuant to Chapter 13 of the federal Bankruptcy Code. Chapter 13 bankruptcy is so named because it is Chapter 13 of Title 11 of the United States Code.

      Ed Woods/ Bond and Botes- 35 readers -
  • When do you Object to a Proof of Claim Filed by a Creditor in your Chapter 13?

    A creditor that wants to get paid in your bankruptcy case must file a proof of claim with the clerk’s office of the Bankruptcy Court. Most creditors must file their claim within a certain amount of time, typically 120 days from the date you filed your Bankruptcy petition. Governmental entities, such as the IRS or the State of Alabama, are given additional time or 180 days from ...

    Grant Mcnutt/ Bond and Botes- 8 readers -
  • Do You Qualify for Chapter 13 Debt Consolidation?

    This is one of the most common questions I’m asked. Debt consolidation (or Chapter 13 Bankruptcy as it is technically known) is one of the most common types of bankruptcy cases, and many people are familiar with how it works. We have written before about many of the details of Chapter 13 Debt Consolidation, but today I wanted to address the issue of how to qualify for a Chapter 13 case.

    Nick Gajewski/ Bond and Botes- 6 readers -
  • Payless Reportedly in Talks to Close 1000 Stores

    Payless Inc. is reportedly discussing a restructuring plan with its lenders. The restructuring plan would involve closings about 1000 of its stores. Currently, Payless operates more than 4400 stores around the country. Shoe Seller May Be Forced to File Bankruptcy According to sources familiar with Payless’ financial situation, the shoe seller might be forced to file bankruptcy ...

    Kathryn Davis/ Bond and Botes- 9 readers -
  • Student Loan Borrowers Be Aware of Payment Plans!

    That old adage that “things are never as they seem” aptly describes the current situation with student loan servicers. As reported by the New York Post, servicers like Navient—the largest student-loan servicer in the U.S.— are only making the student debt crises even worse. Here’s how the process goes for many borrowers: Get an undergraduate and/or professional degree with ...

    Bond and Botes- 14 readers -
  • First-time Homebuyers in Parts of Knox County Eligible for Down Payment Assistance.

    The Tennessee Housing Development Agency (TDHA) introduced a new $60 Million program designed to help the 55 hardest areas throughout the state that have struggled to recover from the 2008 housing crash. According to a report in the Knoxville News Sentinel, seven of those areas lie in or around Knox County, Tennessee, with one area extending into Jefferson and Sevier Counties.

    Bond and Botes- 13 readers -
  • Former Teen Idol David Cassidy Proposes Bankruptcy Plan

    If you are old enough to have been watching TV in the early 70s, you probably remember watching The Partridge Family. For those of you who don’t know what I’m talking about, there’s always YouTube. The show featured actor and singer David Cassidy as teenage musician and lead family band member Keith Partridge. The series was quite popular during its four year run.

    Ed Woods/ Bond and Botes- 11 readers -
  • Hiding Credit Cards and Bank Accounts

    Do you have a secret bank account or credit card? Have you hidden purchases from your significant other? An article on CNBC this week says a recent survey by the website creditcard.com found just over one quarter of the approximately 1,000 people they surveyed had a secret bank account and/or credit card.

    Bond and Botes- 13 readers -
  • Another Phone Scam – What Will People Think of Next!

    We all have gotten the calls…..your phone rings and normally you wouldn’t answer an unknown number. But this call caught you off guard or maybe it was a number very similar to one you are familiar with. You answer with “Hello” or some other greeting and then an automated voice identifies a business or agency.

    Amy Tanner/ Bond and Botes- 11 readers -
  • Tax Return Season and IRS Forms 1099-C and 982

    The football season officially ended with the Super Bowl last night in the first overtime game in Super Bowl history. Now the season that no one wants to come is here. Tax return season. There is one tax preparer now advertising filing your returns and getting your taxes won. An interesting catch phrase for sure, but what is most important is getting the tax return done correctly.

    Robert Reese/ Bond and Botes- 10 readers -
  • Are You Prepared for a “Rainy Day?”

    CNN Money recently reported that 6 out of 10 Americans don’t have $500 in savings, according to a new report from Bankrate. So what does one do if hit with an unexpected expense like a car repair, medical emergency or even the more costly car and home maintenance expenses? Well, 41% of adults reported having enough in their savings to pay for an expense of $500 or more.

    Amy Tanner/ Bond and Botes- 13 readers -
LawBlogs Facts
  1. listed
  2. #4 in our ranking
  3. 463 posts, read by 11,453 readers
  4. 25 readers per post
  5. 19 Posts per month
Facts last updated: (2017-02-25 23:08:56 UTC). Update Frequency for posts: 15 minutes. Posts last updated: .
Get the top posts daily into your mailbox!