Now, you can owe up to $1,010,650 of secured debt, and still be able to file Chapter 13, depending on how much unsecured debt you owe.
So, if your house is worth $900,000, and you owe $900,000 on it, that is $900,000 of secured debt, zero unsecured debt, you can file Chapter 13, depending on the [...]
Category Archives: Chapter 11 Bankruptcy
What Do You Mean, I Owe Too Much To File Chapter 13?
Who Needs Small Business Chapter 11? (part two)
Completion of my post on Chapter 11 on www.bankruptcylawnetwork.com
Who Needs Small Business Chapter 11? (part one)
My post on another site on Chapter 11.
GM Says It Needs: 100 Billion Dollars
Chrysler says it would need another 25 Billion Dollars in Chapter 11.
GM, Chrysler Car Lines Eliminated
Reports online: the end for Dodge Aspen, Durango and PT Cruiser, gone from Chrysler
Saturn, Hummer and SAAB gone from GM.
Another Chapter 11 for Trump
Yet another Chapter 11 bankruptcy filing for a Trump company.
This is the third filing for this entity alone!
Gee, I wonder how long a guy or gal who went bust this many times would last on the Apprentice.
GM, Chrysler, More Layoffs
More taxpayer money, fewer jobs as Detroit gets closer to reality.
GM, Chrysler Face Bankruptcy
The U. S. government has hired lawyers to try to move them ahead of investment banks in priority of who gets paid first.
In Chapter 11 bankruptcy, the Treasury Dept. could leapfrog over the prior loans to the auto companies.
GM and Chrysler have steadfastly maintained they are not considering filing Chapter 11.
There is such a thing [...]
