by Jon L. Martin, Attorney at Law | Dec 16, 2020 | Guidance
Save Your Small Business – SBRA / Subchapter 5 in Chapter 11 Help your Clients Get Relief from Personal Guarantees on Business Debt thru the SBRA. More and More Small Business Owners are struggling with debt not only on their business but personally as well. That’s...
by Jon L. Martin, Attorney at Law | Nov 16, 2020 | Guidance
Eliminate small business debt and personal liability New Subchapter V Saves Local Trucking Company The case referred to above was filed shortly after the new law went into effect and was recently confirmed as a Consensual Plan resulting in cash flow savings of well...
by Jon L. Martin, Attorney at Law | Feb 4, 2019 | Guidance
Retirement Funds “Safe” in Bankruptcy? Not so fast! Everyone “knows” 401K funds, IRA’s and other Retirement funds are exempt in bankruptcy, “. . . to the extent that those funds are in a fund or account that is exempt from taxation under section 401,403,408,414,457 or...
by Jon L. Martin, Attorney at Law | Dec 4, 2018 | Guidance
Chapter 12? Most people think Bankruptcy falls under either Chapter 7 or Chapter 13. These are the basic consumer formats. Chapter 7 is basically a straight liquidation of non-exempt assets; while Chapter 13 supposedly allows a debtor to retain non-exempt assets...
by Jon L. Martin, Attorney at Law | Sep 24, 2018 | Guidance
Seniors: The Next Wave of Bankruptcies? The rate of people over the age of sixty-five who are filing bankruptcy has more than tripled since 1991, according to recent study done by the “Consumer Bankruptcy Project”. Continuing at the current rate, Bankruptcy Courts...
by Jon L. Martin, Attorney at Law | Aug 14, 2018 | Guidance
What Does A Bankruptcy Attorney Actually Do Besides File Bankruptcies? I recently had a client come to me seeking bankruptcy help because she could no longer pay her bills due to an accident injury that left her unable to work. The wife of a retired Police Officer,...
