Chapter 7 Bankruptcy
Describes that a debtor must not have enough income to qualify for a Chapter 13. This is done by a "means test".
Read articleDescribes that a debtor must not have enough income to qualify for a Chapter 13. This is done by a "means test".
Read articleDefines what the Fair and Accurate Credit Transaction Act (FACTA) is and how it protects.
Read articleWhat an option is and how to settle (close) the transaction. Comment about using accounts receivables to buy an option.
Read articleDescribes how accounts receivable depreciate in value due to aging of the account and diminishing probability of collecting.
Read articleHow unmanaged customer deductions can inflate accounts receivable.
Read articleDescribes many potential problems when buying assets of a distress company, whether in or outside of bankruptcy.
Read articleAdvises of 6 forms Burt and Associates will provide for use in setting up new customers' accounts.
Read articleDescribes what effect and Automatic Stay has on creditors when a debtor files for bankruptcy. This means, as a creditor, you must stop all efforts directed toward the debtor
Read articleDiscusses a debtor's choice to repay a bankruptcy discharged debt.
Read articleDiscusses how to get a business line of credit without the owner's personal guarantee.
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