Bankruptcy is a Tool AND Your Right
Impossible d'ajouter des articles
Désolé, nous ne sommes pas en mesure d'ajouter l'article car votre panier est déjà plein.
Veuillez réessayer plus tard
Veuillez réessayer plus tard
Échec de l’élimination de la liste d'envies.
Veuillez réessayer plus tard
Impossible de suivre le podcast
Impossible de ne plus suivre le podcast
-
Lu par :
-
De :
À propos de ce contenu audio
In our first episode of Ask Corey, attorney Corey Carpenter joins Jon Gay to give a general overview on bankruptcy.
Modern bankruptcy structure was first enacted in 1979, and has been modified several times, most recently with the BAPCPA act in 2005.
Bankruptcies are generally bi-furcated into two kinds:
- For consumers (Chapter 7, Chapter 13, and in rare instances, Chapter 11);
- For business/corporate entities (Chapter 9-for municipal entities; Chapter 11 (including the newly created sub-Chapter 5 for small businesses), and Chapter 12 (specifically enacted for farmers)
The Goal of Modern Bankruptcy Laws is to provide DEBT RELIEF to consumers and businesses. The emphasis is on assistance, and not punishment of those seeking use of the bankruptcy laws to address their debt.
Bankruptcy is also designed to provide two specific forms of relief:
- Discharge (or absolution) of debt-meaning it strips creditors of the right to pursue collection of a debt obligation
- Debt restructuring-this applies to both consumer and business debtors
Contact Corey Carpenter:
Carpenter Law Website: https://mycarpenterlaw.com
Email: coreycarpenter@mycarpenterlaw.com
Call or text: (248) 327-7817
Vous êtes membre Amazon Prime ?
Bénéficiez automatiquement de 2 livres audio offerts.Bonne écoute !
Aucun commentaire pour le moment