Category: Bankruptcy

Bankruptcy and the Impending Increase in Evictions

The economic crisis associated with the global pandemic is likely to result in extremely high numbers of both household and commercial evictions. As government-imposed eviction moratoriums end, and as federal unemployment benefits are curtailed, we expect to see considerable bankruptcy activity prompted by rent defaults. What will this mean for tenants contemplating bankruptcy, and for…

By Alan Wenokur August 3, 2020 0

Filing: The Chapter 7 Bankruptcy Process

Filing is part 5 of an 8 part series on Chapter 7 bankruptcy and will provide general information regarding bankruptcy under Chapter 7.  The practical details of filing are set out below. Upon filing, the case will be assigned a case number, bankruptcy judge, and panel trustee. The first form generated following a bankruptcy filing…

By Alan Wenokur June 26, 2020 0

The Schedules: The Chapter 7 Bankruptcy Process

The Schedules is part 4 of a 10 part series on Chapter 7 bankruptcy and will provide general information regarding bankruptcy under Chapter 7.  Debtor’s counsel, working with the debtor, will prepare the bankruptcy petition and all supporting schedules and statements. The information on the required court filings includes: the debtor’s property, both real and…

By Alan Wenokur June 12, 2020 0