What is Chapter 15 Bankruptcy?

What is Chapter 15 Bankruptcy?

Imagine you are a business owner operating in several companies. What happens if you, as a debtor or one of the debtor’s claimants, involve claims or assets that exist in more than one country? In the United States, the Bankruptcy Code governs the ultimate form...
Filing Bankruptcy for Student Loans

Filing Bankruptcy for Student Loans

Student loan debt is a major concern for today’s students and recent graduates. With the cost of higher education rising, more students are financing their future by taking out privately funded and publicly-backed student loans. In fact, the US has around 44...
Who Qualifies for Chapter 7 Bankruptcy?

Who Qualifies for Chapter 7 Bankruptcy?

The Constitution of the United States charges Congress with the establishment of uniform bankruptcy laws. Although the legislative branch made several efforts in the first 100 years of its existence, those measures were seen as insufficient and were consequently...