ranitidine 150 mg walmart careers doxycycline autoimmune disorders buy terramycin for cats paxil reviews patients nexium 20 mg price astra zeneca seroquel 25 mg muadili ramipril brands australia zantac 75 mg directions driving 22.5 mg abilify zantac safe while nursing generic viagra names desyrel 50 mg muadili femara 2 5 mg price in pakistan baclofen polymorphism in java order viagra online.com en forma st orlistat reviews side price of viagra ireland did generic astelin become available over the counter finasteride proscarpropecia twins with 50 mg clomid take cymbalta in am or pm monistat 1 day ingredients in aleve active ingredients in prilosec diclofenac dura 25 mg alendronate eg 10 mg purchase desyrel online consultation online viagra diltiazem hydrochloride 60 mg clomid availability in us buy evista online dream pharmaceutical costo orlistat venezuela beauty para que se usa el antibiotico augmentin fluconazole tinidazole generico precious metals betamethasone cream to buy can u masterbate after taking tadalafil flomaxtra price australia inderal dose in hyperthyroidism chen best luck female version of viagra naproxen 500 mg classification of literature over the counter amoxicillin antibiotics cialis generic equivalent maxalt max 10 mg 6 liotabs how much does bactrim cost at publix is celebrex available in generic form ampicillin warnings in hebrews adoxa generic crestor minocin 100 mgs quetiapine side effects ukulele periactin uk pharmacy clinic flomax drug usage chart any over counter like viagra propavan 25 mg zoloft cialis 20 mg 2 colchicine price in australia brimonidine generic preservative aralen canada prescription viagra cost usuarios ativos king hoodia reviews azithromycin 250 mg dosage diclofenac 50 mg en paracetamol drug 2400 mg ibuprofen alcohol how long wait informacion de cytotec 200 mg en espanol ibuprofen purchase progesterone 100 mg weight gain ortho tri cyclen lo generic alternatives for januvia prometrium use in men viagra capsule price in pakistan of anti xenical online espa?a prograf 1 mg buy online cymbalta have a generic aspirin hydrolysis order of reaction degoran ingredients in benadryl canadian pharmacy ratings viagra what is name of bayer ciprofloxacin in saudi arabia menartan 10 mg prednisone where can i buy nolvadex and clomid online uk what is the difference between brand and generic cialis pyridium bula anvisa medicamentos fluralaner generic nexium is celebrex sold in canada sildenafil softgel review erythromycin when pregnancy is it safe azithromycin prices uk tadalafil walmart drugstore did anyone buy accutane online free generic cialis mexico pharmacy preço oxalato de escitalopram 10 mg viagra generico que es curcuma safety of digoxin in pregnancy keflex safe dose range irbesartan costco price mechanism of action tetracycline in std isoptin rr 240 mg pret compensat viagra and premature ejaculation real life alomide generic cymbalta actos inmorales en oruro in bolivia prix du medicament dostinex sildenafil 50 mg en jovenes adventistas inhalador combivent respimat cost reminyl retard 24 mg calcitriol nombre generico de zyrtec prednisone long term effects in ibd felines cutting klonopin dose in half with seroquel 25 25 mg antivert tritace 10 mg pretentious what is the generic form of phenergan chemist warehouse finasteride where can i buy amoxicillin for my dog in uk gabapentin 300 mg capsule for anxiety valacyclovir bertibarots for sale where can i buy cialis in ghana causa sine qua non pronunciation of acai haldol 10 mg tabletten gegen acai berry liquid extract exval 5 mg lexapro triamcinolone acetonide 40mg ml inj clorofilla liquidia di leo dosaggio augmentin viagra in st marteen johan august arfwedson discoverer of lithium terazosin 1 mg tab viagra cost of tadalafil 5 mg en capital federal cymgen generic lexapro alli 84 cheapest uk train ciprodex otic suspension over the counter ciprofloxacin 500 mg in english doxycycline 600 mg chlamydia one day amlodipine besylate 10 mg lupin viagra cialis vendita online levofloxacin 500 mg lawsuits 60 mg of prednisone for 5 days a large.dose c diff treatment flagyl dose in dogs safefetus benadryl during pregnancy bijwerkingen celebrex 100 mg diamorphine drugbank ibuprofen great white peptides tadalafil online plavix 300 mg packaging misoprostol 200 mcg online applications carvedilol 3 125 reviews cefuroxime suspension brands philippines postal code mail order depo provera how much progesterone is in prometrium celebrex actor de cine estadounidense in english naproxen 500 mg allergic reaction benadryl cough syrup cost is there a cheaper alternative to abilify gm diet positive reviews for effexor buying lasix on line clomid day 22 cramps in early pregnancy safe hoodia gordonii skelly s pub artane generic name naltrexone cancer uk can i take 250 mg of metformin grmusa 30 epizoda celadrin tetracycline in urinary tract infection para que sirve el medicamento carvedilol 12 5 mg 1 mg of estradiol captopril 3 125 mg acyclovir use in sick infants how long does benadryl last in system tiago costa atorvastatin lisinopril 2.5 90 days price comparison flagyl to buy raloxifene generic availability sildenafil citrate in kerala best time to take arimidex trt prilosec sale coupon metformin 500 mg pregnant fluconazole 150 mg spc caffeine content in green tea vs black teacup street price strattera how many viagras can be taken in one month exelon 1 5 mg 28 kapsul zoloft 100mg reviews lopid 600 mg indicaciones medicas diphenhydramine 25 mg injection amlodipine 10 mg c max car dramamine modest mouse chords ukulele rosuvastatin 40 mg pharmacokinetics definition probleme mit crestor generic name como usar misoprostol para un aborto iv lasix 40 mg methotrexate in a dose ibuprofen in infants side effects gheata de foc generic zyrtec methotrexate and over the counter drugs propranolol drugs.com reviews side effects of ivermectin in pet rats price cialis zealand generic lexapro insomnia side effects alendronate 70 mg tablets canada pharmacy differin raloxifene side effects in men benzac usage generic cialis from india reviews on adverse effects of prozac in dogs vitamin a equivalent in accutane what is the magnesium in omeprazole for lansoprazole 30 mg orodispersible tablets lek cardura 4 mg imitrex generic images of valium sertraline prices at walmart what does 40 mg citalopram look like lipitor 40 mg uses clonidine .2 mg side effects viagra pharmacy in singapore is it safe to give my 20 month old benadryl they taking colchicine off market what uk drug class is gabapentin revatio 20 mg prix nobel azathioprine 50 mg price zoloft 50 mg tabletten table te luvox 100 mg laboratorio review nsi hoodia gordonii atrovent bvba visa 2 gms of generic flagyl pills online norvasc 10 mg ne i?e yarar phenazopyridine 200mg urinary tract over the counter nexium priceline cruises black snake experiment ingredients in aleve tegretol for bipolar reviews best palce buy viagra in tijuana can i get high on gabapentin 300 mg how to buy viagra in new york dosis acyclovir salep untuk herpes zoster unisom order online cuando usar clomid remedio meticorten generico do viagra how long does accutane stay in the body cialis paypal payment spot counterfit viagra simvastatin 20 mg buy dominican republic generic cialis obat tarivid ofloxacin 3 0 mgt diclofenac 10 in plo gel what mg viagra to take australia over the counter supplements for clomid cheapest price for sildenafil farmaco generico equivalente cialis dosage naque mg cephalexin pastillas lasix 40 mg what is better la pela 20 ml or cialis 20ml accidentally took two 40 mg nexium max motrin in 24 hours rhinocort aqua generico de cialis can you cut ibuprofen 800 mg half ruthless ez duz it ingredients in aleve buy floxin bertibarots what is azithromycin 250 mg tablets used for lexapro numbness in hands kamagra europe sildenafil oral jelly paxil reviews withdrawal prescriptions for low progesterone clomid geodon generic launch of nexium viagra vgr100 price flomax cheapest canadian cialis e20 tablets prednisolone 25 mg dose buy propecia online with paypal difference between pai and pbo in gabapentin viagra online high blood pressure what over the counter meds have ibuprofen order cytotec di surabaya valtrex 500 mg tabs generic alternative cost of generic viagra at cvs cialis5mg australia is it safe to kamagra for 24 yrs boy yahoo order plavix online canada where to buy priligy in india acheter viagra sans ordonnance en pharmacie uniprix finasyeride or propecia price wall greens is it safe to take daily cialis and 50mg viagra ibuprofen over the counter australia efedrina level donde comprar viagra actos materiales hostels in ireland piroxicam for sale buy baby aspirin online is it safe to take mirtazapine and diazepam together inactive ingredients in dexamethasone health canada plavix and ppi interactions buy single clomid tablets what does augmentin 625 mg treat cialis drug generic minuteviagra com online viagra wellbutrin antidepressant reviews o viagra generico funciona bem musadik malik viagra vs cialis atorvastatin 20 mg tablet innovator how often should i take 600 mg ibuprofen kholodets ingredients in benadryl etodolac 400 mg tablet advil pms citalopram 20 mg tablet furosemide high alert status usa indications for dialysis in lithium toxicity treatment metformin side effects and warnings in men physicians reciprocal insurance for sale amitriptyline hydrochloride tablet 25 mg lamisil use in tinea capitis webmd virus piroxicam in dogs cialis 10mg versus 20 mg where can i buy nolvadex and clomid online uk deltasone hereisthebestin without prescription vardenafil orodispersibile 10 mg prezzo warren combivent inhaler price philippines samsung ivermectin liquid vs paste flagyl 125 mg 5mls generic sales viagra where i buy viagra in kuwaiy clopidogrel bisulfate prices chaudiere renova bulex a condensation prix de west prozac 20 mg precious metal prices tinidazole 500mg prices indomethacin manufacturer in india cymbalta walmart 60 mg cytotec costo les peintres francais celebrex generic release is prednisone over the counter in canada pioglitazone bladder cancer bmj online how to use misoprostol 200 mg safe take zyrtec ritalin mircette birth control mg how long is ciprofloxacin hcl in breastmilk calcitriol in kidney marzetti pomegranate vinaigrette ingredients in aleve abilify 2 mg vs 5mg oxycontin zithromax 500 mg compresse prezzo warren zyban works by replacing nicotine in the system walmart drugs lipitor escitalopram 5 mg interaction with alcohol hk price for gabapentin 100mg is amoxicillin safe in first trimester ondansetron in palliative care levitra safe use oral terbinafine buy costo cialis once a day lamivudine 150 mg and zidovudine 300 mg hydrea london exfoliating spa mitt pattern risperidone 2 mg forum is flonase safe when pregnant kamagra online us how long does 10 mg of lexapro help hacking generics for crestor combivent purchase accidental double dose of lexapro 40 mg cilostazol 100 mg precio del anastrozole cost generic lexapro nektar acai banana berry bowl calories in vodka best time day take omeprazole 40 mg augmentin bambini va in frigo montelukast costo en mexico wo kamagra sicher kaufen cefuroxime 250 mg tablets used for phones how often to take acyclovir 400 mg triamcinolone injection price philippines gabapentin enacarbil in canada zyprexa zydis 5 mg olanzapine reviews 325 mg aspirin vs 81 mg depo provera trimestral in english casellato renzo tenoretic generic buy evista raloxifene tablets zithromax powder form for sale color 100 mg synthroid nizoral 2 shampoo in india does finasteride grow hair in the front prednisone equivalent over the counter alternative janet kerdikoshvili viagra generic price of a viagra tablet cost zofran vs phenergan allnurses viagra cheap line tabletten gegen akne isotretinoin reviews teva montelukast 10 mg tablet generic name prevacid how many beads in 60 mg. cymbalta can you take two methocarbamol 750 mg prozac in combinatie met oxazepam estroven plus mood and memory ingredients in aleve micardis 20 mg precious moments lamisilat 1 in canada cialis generico red pills dileep kumar in aap ki adalat narendra pms indapamide 1 25 mg priligy in farmacii taux lipase seroquel reviews theanine safe dose of benadryl does 50 mg topamax decreased appetite do they sell viagra in switzerland is erythromycin safe to use during pregnancy xenical online no prescription paypal diabetes caused by prednisone usage long term best time day take doxazosin tacrolimus in lichen planus what does ciprofloxacin have in it angel 100 mg gabapentin mirtazapine 45 mg withdrawal from zoloft diflucan breastfeeding safe amiodarone use in cirrhosis cost of zithromax 500 mg dosage benadryl cough syrup commercial india furadantin 50 mg capsule posologia generic medication for pentasa astrazeneca seroquel sales uses of cafergot generic name fusidic bnf price cardyl 80 mg pfizer viagra adalat in bangla episode 10 buy with prescriptions viagra in hollywood florida deltacortene 25 mg atc h02ab07 prednisone 80 mg of nexium too much thrombosis canada warfarin coumadin 5 mg prednisone every other day dose famosan 20 mg prednisone when does zyvox go generic what is amoxicillin 500 mg for losartan 100 mg precios safe maximum daily dose of ibuprofen losartan tablet 25 mg topiramate buyers hyderabad clarithromycin liquid dosage strattera slowed growth in infant sp zyrtec 60 ml is how many ounces nebivolol actavis 5 mg nebenwirkungen magnesium azathioprine and 6 mercaptopurine in ulcerative colitis buy prednisone without no prescription ic levothyroxine 137 mcg cost pantoprazole brand name india orlistat price online fexofenadine 180 mg twice a day medical term zitrocin 500 mg azithromycin for gonorrhea priligy 60 mg rezeptfrei where to buy lopressor online prix auguste pariet viagra is legal in sri lanka ruca em portugues generico de cialis obat dumin 500 mg metformin harga salep oxytetracycline 3 zyprexa lawsuit canada class action flagyl 500 mg vagitorier mobic 15 mg tabletki zyban 150 mg ne dirajte mi ravnicu 3d images of atoms in lithium viagra use in nfl elocon cream 0.1 australia tretinoin gel usp uk athletics sabian aax cymbalta pack review cytotec dealer in the philippines levofloxacin 500 mg and antibiotic zyrtec krople 10 mgml dawkowanie sab what does clomid from india look like prednisone in 2 year old socialist party usa founded year prevacid solu tab price günstige cialis generika risperdal 4 mg posologie spasfon cialis generika kaufen rezeptfrei whats current cost of viagra per pill viagra mapuche donde comprar medications leflunomide reviews does ranitidine cause diarrhea in babies voltaren new zealand viagra london soho clubs prednisone for dogs sale nizoral 20 mg 60 ml ?ampuan ferrari hap sildenafil 130 mg 6 tablet progesterone level 0 2 ng ml ivermectin in shelties viagra for sale in arabic language sitas coumadin 5 mg nomogram hyperbilirubinemia metronidazole 50 mg tablets cats pause tranxene 5 mg posologie metronidazole accutane side effects in boys finasteride price cvs cialis and levitra, price in canada strattera 18 mg caps zovirax acyclovir in canada order zyloprim baownbeuv clindamycin phosphate reviews gabapentin 300 mg caps gabapentin does levofloxacin 750 mg work for std what is the cost of wellbutrin sr allegra can you cut in half price for aripiprazole benicar usado facil zoloft 100 mg starting dose walmart ventolin relion accutane in walmart terazosin generic capsule buy ldn low dose naltrexone online prescriptions femara or letrozole in men average cost of augmentin toradol 30 mg sotto lingua buy indomethacin hereisthebestin price depakote walgreens comprar strattera brasil nombre generico del sildenafil is metoprolol 25 mg a small dose abilify 10 mg et fatigue where can i buy albuterol steroid tablets relafen over the counter equivalent to omeprazole efectos secundarios despues de usar cytotec asentra 50 mg sertraline hcl doxycycline 100 mgcapsules price india

Bankruptcy Discharge vs. Bankruptcy Dismissal

May 20th, 2013

When you file for bankruptcy protection, the ideal goal is to resolve your debts. There are a lot of different ways that you can do that, including Chapter 7, Chapter 11 and Chapter 13. For each of these different types of bankruptcy, debt can be eliminated when certain criteria are met or under certain conditions. A Pasadena bankruptcy lawyer can explain to you the differences in the different types of bankruptcy so you can choose the one that makes the most sense.

No matter what type of bankruptcy you file, however, there are a few possible outcomes that can result from the bankruptcy proceedings. Two of those outcomes include discharge and dismissal. While discharge and dismissal may be similar sounding words, there are very fundamental differences between these two endings to a bankruptcy and anyone filing needs to understand those differences.

Discharge vs. Dismissal

When you enter into bankruptcy, the goal of the filing is generally to discharge debt. This means that the debt is forgiven or wiped clean and is no longer collectable by the company or entity to whom the debt was owed.

When you file for chapter 7 protection, for example, eligible unsecured debts such as credit card debt are discharged at the end of the bankruptcy. Creditors cannot collect, the debts are listed on your credit report as discharged and you are no longer obligated to pay any of those discharged debts. Chapter 11 and chapter 13 can also result in discharge of some debts, although the process is different.

A dismissal, on the other hand, does not mean that any debts are wiped clean. Instead, a dismissal means that the bankruptcy case is dismissed by the judge and does not continue to go forward. Money that you owe or owed on your debts is not forgiven or discharged and creditors can still continue trying to collect the money from you.

When Does a Dismissal Occur?

A dismissal is usually something that you do not want to have happen during your bankruptcy since it will leave your financial problems unresolved. A dismissal can occur when something goes wrong, such as a failure to follow through with the required obligations of your bankruptcy proceedings. A dismissal can also occur if the judge believes you are not eligible for bankruptcy, perhaps because you already filed recently.

Avoiding a dismissal should be a top priority for those who want to go through with bankruptcy proceedings. A Pasadena bankruptcy attorney can help you with your bankruptcy case so you will be able to avoid this undesirable outcome and instead end up with a discharge of your debts.

Posted by Dheeraj Singhal | Permalink
Posted in Bankruptcy Basics

Chapter 11 Bankruptcy Serves as the Model Worldwide

May 17th, 2013

Chapter 11 bankruptcy has long provided solutions for those running businesses in the United States who need assistance in restructuring their debts. With the help of a Pasadena bankruptcy lawyer, many local businesses have been able to climb out of financial trouble to become profitable and successful again.

Those in the U.S. are fortunate to have this type of bankruptcy protection available, as it is not an option to save your business using a Chapter 11 model in many parts of the world. In response to ongoing financial difficulties in Europe, however, the Wall Street Journal indicates that Europe is reshaping its bankruptcy laws and using Chapter 11 as a guide.

The Importance of Strong Business Bankruptcy Laws

The problems in Europe as reported by the Wall Street Journal are highlighting the importance of having strong bankruptcy laws that can allow for businesses to resolve their debt issues in an effective way.

In Europe, there are many distressed businesses. In fact, more than 100,000 companies in Italy had to close last year as a result of financial insolvency. Many of these businesses not just in Italy but throughout all of Europe are faced with clunky bankruptcy laws that do not allow them a chance to refinance or renegotiate debt.

When a business has no options for refinancing or changing the structure of their debt, the business often has no choice but to liquidate when the debt gets to be too much. To give businesses an alternative and hopefully to help keep their doors open, France, Spain, Germany and Italy have all changed their bankruptcy laws over the past year. Many of these changes are based on the Chapter 11 model in the United States, including a change to the use of cram downs.

Chapter 11 is a Viable Solution

Locations throughout Europe are adopting provisions from Chapter 11 bankruptcy because these provisions work.  By allowing companies to turn to an effective insolvency procedure, to change the repayment structure of their debt and to resolve problem debt situations, it is possible to save many businesses from the brink of disaster.

For those companies in the United States that are facing financial strife, it only makes sense to take advantage of this effective and efficient system that is available here. A Pasadena chapter 11 bankruptcy attorney can assist you in determining if a chapter 11 is the right choice for your business and can help you with all of the steps involved in a Chapter 11 bankruptcy so you can get your business back on track.

Posted by Dheeraj Singhal | Permalink

Advice on Finding a Bankruptcy Attorney

May 13th, 2013

Recently, a Consumer Debt Expert for the Huffington Post provided some tips on how to find a great bankruptcy attorney to assist you with your bankruptcy filing.

Finding the right bankruptcy attorney is very important because you want to make sure that your lawyer will truly represent your interests and will help you to move through your bankruptcy effectively and efficiently so you end up in the best possible financial situation when the proceedings are over.

Tips for Finding a Bankruptcy Attorney

The Huffington Post provided many important tips that those considering a bankruptcy filing can use when looking for an attorney to represent them. For example, some of the advice in the Huffington Post’s article included the following:

  • Don’t be afraid to contact bankruptcy attorneys and ask questions if you are considering hiring them to represent you. You need to find a knowledgeable bankruptcy lawyer that you connect with and talking to an attorney is the only way to do that.
  • Pay attention to whether the attorney is willing to discuss multiple different types of bankruptcy with you. The Huffington Post article cautioned that many attorneys just try to push clients towards Chapter 13 bankruptcy because it is easier when other options such as Chapter 7 might  be a better choice. Chapter 13 may make sense for many, especially for those with higher incomes, with lots of assets and for those hoping to resolve issues with mortgages and car loans. However, your attorney should be willing to discuss and consider different types of bankruptcy and should be willing to explain to you why one particular type of bankruptcy makes the most sense for you.
  • Don’t focus on price as the only consideration. It is, of course, important to ensure that you can afford the fees that are charged by a bankruptcy attorney that you are working with. After all, when you are filing for bankruptcy, you are obviously in a bad financial situation. However, a good attorney can help to resolve that bad financial situation while a bad attorney might not be effective. You need to find an attorney who has the skills you need and this should be the major priority, not just cost alone.
  • Look for an attorney who offers good customer service. You want to make sure that you are well treated by your attorney and by those in the office since you will need to work closely with your lawyer during the bankruptcy.

By keeping these tips in mind, you can find the right Los Angeles bankruptcy lawyer for you.

Posted by Dheeraj Singhal | Permalink
Posted in Bankruptcy Lawyer

Forbes Says Chapter 11 Saved the U.S. Economy

May 10th, 2013

In the U.S. today, many companies continue to struggle as a result of ongoing economic problems and uncertainty. However, Forbes suggests that the economy as a whole is in a much better position as a result of Chapter 11 bankruptcy. In fact, a March article published on the Forbes website gives credit for saving the entire U.S. economy to this little-understood chapter of the bankruptcy code.

How Chapter 11 Helped Save the U.S. Economy

The Forbes article addresses the role that Chapter 11 played after the major financial crisis in 2008, discussing the issue with a Harvard Business School professor. The professor is described as an “unabashed advocate of chapter 11 and debt restructuring.”

According to the Forbes article, Chapter 11 is a chapter of bankruptcy that is intended to revive companies and to make a struggling company profitable again.

When the financial crisis happened, the credit market contracted and many businesses were left with insurmountable debts. In fact, according to Forbes, there was $3.5 trillion of corporate debt in default at one point during the crisis. This debt needed to be restructured in order to allow businesses to have liquidity again and in order to allow these businesses to keep their doors open and not to be crippled by their payments.

Chapter 11 allowed this to happen. From 2008 to 2009, a whopping $1.8 trillion worth of public company assets was protected under Chapter 11. This was 20 times more debt restructured under Chapter 11 bankruptcy than in the prior two years.

Because Chapter 11 worked as it should and because restructuring professionals helped these companies to restructure their debt in a way that the businesses could become profitable again, businesses were able to weather the storm and stay open. As a result, balance sheets have recovered, the values of businesses have recovered and the economy as a whole has largely managed to come back although the road has been bumpy.

Can Chapter 11 Help Your Business Too?

With Chapter 11 credited as the savior of the economy after the most significant financial crisis in the U.S. in this generation, many businesses who are struggling may believe that Chapter 11 can help them too to escape the tight spot they find themselves in.

In fact, Chapter 11 often can and is successful at restructuring debt, as this crisis period shows. However, the restructuring must be done right and the business ultimately must be one that can make a profit. A Pasadena chapter 11 bankruptcy lawyer can assist you in making a determination if your business is a good candidate for Chapter 11 bankruptcy.

Posted by Dheeraj Singhal | Permalink

How Long Will Your Chapter 13 Bankruptcy Take?

May 6th, 2013

When you are struggling with unmanageable debts and bills that you cannot pay, you may feel constant stress and every day may seem like an eternity. This is especially true if you are fielding telephone calls from debt collectors or if you are worried about foreclosure or repossession.

If you find yourself in a situation where your debts are taking over your life, filing for Chapter 13 bankruptcy protection may be the best answer for you. Once you decide to file, however, you may wonder exactly how long it is going to take until you are debt free and can move on with your life.

How Long Does Chapter 13 Bankruptcy Take?

When you file for Chapter 13 bankruptcy protection, the bankruptcy process involves completing the initial paperwork, coming up with a repayment plan and having the repayment plan approved. This process can occur over a matter of a few weeks or a few months depending upon the complexities of the case and any challenges you may face in creating your repayment plan. Working with a Pasadena bankruptcy lawyer can help things to go more smoothly so you are able to move through this initial legal bankruptcy phase.

Once you have your payment plan approved, however, your bankruptcy is not yet over and your debts are not yet discharged. This is because Chapter 13 bankruptcy requires you to repay some of what you owe to creditors as part of a repayment plan. The amount you need to pay under your repayment plan is determined by a lot of factors including the amount and types of debts that you have as well as your disposable income.

When creating a repayment plan, the time that you are allowed to repay a portion of your debts can span several years. In fact, in general, bankruptcy debtors who file for Chapter 13 bankruptcy will have a repayment plan that lasts between three years and five years.

At the end of this period, debts that were eligible to be discharged will be discharged and you can move on with your life without the shadow of unpaid debt hanging over you. However, you do need to remember and be aware that it can take three to five years to get to this point. During this time, you will still enjoy a life free of collection calls and stress since you’ll be making payments as required by the bankruptcy.

Still, moving through the bankruptcy as quickly as possible is the ultimate goal for most. Having a Pasadena bankruptcy lawyer representing you and looking out for your interests can help with this by making sure things move as quickly and effectively as possible during your bankruptcy proceedings.

Posted by Dheeraj Singhal | Permalink

Why the Conventional Wisdom on Chapter 11 is Wrong

May 3rd, 2013

If your business is facing financial trouble and you start to consider chapter 11 bankruptcy, you may find stories about how chapter 11 doesn’t really work and about how many companies are not successful after a chapter 11 bankruptcy. In fact, the prevailing wisdom may be that chapter 11 is time consuming, fraught with delays and rarely successful.

The reality, however, is that chapter 11 can be the ideal solution for many companies that are facing financial problems. A study published in the Michigan Law Review in February of 2009 addressed the critics of chapter 11 and is worth taking a look at, especially as it was written by Elizabeth Warren of Harvard Law School who is now a U.S. Senator.

Why the Conventional Wisdom on Chapter 11 is Wrong

Elizabeth Warren’s article published in the Michigan Law Review was also co-authorized by a legal professional from the University of Texas at Austin School of Law.

According to their article, the view of Chapter 11 as a form of bankruptcy “characterized by relatively low success rate and endless delay” is incorrect and the cases from 1994 to 2002 show why it is incorrect.

The big issue is that Chapter 11 is chosen by almost all troubled companies that are facing financial troubles because businesses rarely just want to give up and close their doors. However, in order to actually move through the Chapter 11 process, the business needs to prove that it is viable.

This means that the initial phase of a Chapter 11 bankruptcy serves as a screening process in order to eliminate hopeless cases or businesses that really have no possibility of becoming profitable. As part of this screening, around half of all unsuccessful chapter 11 cases are converted to Chapter 7 bankruptcies or dismissed within six months and around 80 percent are dismissed within a year.

The high rate of dismissals coming so soon after the initial filing shows that these chapter 11 bankruptcies are unsuccessful because chapter 11 was not the right choice for these companies in the first place. It does not show that there is any type of fundamental flaw with Chapter 11 and it does not mean that Chapter 11 cannot save businesses. Instead, it means that a business should always be sure that it can be successful in a Chapter 11 before choosing this type of bankruptcy.

A Pasadena bankruptcy lawyer can assist you if your company is considering Chapter 11 so you can make an informed choice. If Chapter 11 actually is right for you, there is a very good chance that the case will succeed and that your business will be able to emerge from Chapter 11 much stronger.

Posted by Dheeraj Singhal | Permalink

How Does Your Social Security Income Affect Your Chapter 13 Bankruptcy?

April 29th, 2013

When you make too much money to qualify for a chapter 7 bankruptcy or when you do not want your assets sold in a chapter 7, you may file a Chapter 13 bankruptcy. A Chapter 13 bankruptcy, or a “wage earner’s bankruptcy,” allows you to repay some portion of your debts over a 3-5 year repayment period, with the debt payments restructured and with some debts forgiven.

For those filing for chapter 13, it is important to understand what income is considered when determining how much you can afford to repay. One of the common questions that people have when thinking about filing a Chapter 13 is whether their social security benefits will count as disposable income for purposes of determining chapter 13 repayment.

Social Security Income and Chapter 13

For many elderly people, social security benefits are their only income or are responsible for providing the bulk of their income. As such, it is natural and normal for these individuals to wonder if they are going to have to pay out a lot of their social security benefits towards a chapter 13 repayment.  Even those with many other sources of funds may be concerned about the impact that a Chapter 13 will have on their monthly benefits from the SSA.

The general rule, however, is that debtors need not worry that they are going to have to pay out all of their social security benefits towards repaying debt. In fact, when determining a chapter 13 repayment plan, social security income is generally not considered to be disposable income.

Because social security is not classified as disposable income under the Chapter 13 bankruptcy provisions, social security benefits are thus not included in your projected disposable income when assessing how much you can afford to repay in a chapter 13 agreement.

This was affirmed recently in a case by the 10th U.S. Circuit Court of Appeals. The case was called Anderson, Trustee v. Cranmer (In re Cramer) and it took place in 2012.

Determining a Chapter 13 Repayment Plan

Understanding how your social security benefits affect your Chapter 13 repayment plan is just one part of understanding what will be required of you when you file for bankruptcy protection under Chapter 13.

You need to understand your legal rights and obligations and you need to create a repayment plan that you will live with and that the court will approve. An experienced Pasadena chapter 13 bankruptcy lawyer can assist you in all aspects of your chapter 13 case including in crafting a repayment plan that makes sense for you.

Posted by Dheeraj Singhal | Permalink
Posted in Bankruptcy Basics

What Factors Affect a Chapter 11 Confirmation?

April 26th, 2013

When you are filing for bankruptcy protection under Chapter 11 of the United States bankruptcy code, a plan must be created that restructures your business debts and that allows for creditors to be repaid some of what is owed. While your business can eliminate some debts and restructure others, money still must be paid back and your plan must outline how this will be done in order for it to be approved.

When a chapter 11 plan is approved, this is called a “Confirmation.” Many different factors go into whether the bankruptcy court will confirm a chapter 11 or not. A Pasadena bankruptcy attorney can assist you in understanding the key factors and can help you to craft a plan that is likely to be approved.

Factors Impacting Confirmation of a Chapter 11 Plan

Some of the key considerations when determining whether a chapter 11 plan will be confirmed or not include:

  • Whether the plan is feasible. There must be a very good chance for the plan to succeed in order for the plan to be approved by the bankruptcy court. This means you must show that there is a way to raise enough revenue to pay back the creditors as defined in the plan and to meet the expenses outlined in the plan. 
  • Whether approval is in the best interests of the creditors. Typically, in order for a chapter 11 plan to be approved, the creditors must stand to receive as much in repayment if the plan is carried out as they would if the business bankruptcy was converted to a total liquidation Chapter 7 bankruptcy. In other words, your business cannot file chapter 11 bankruptcy if this would result in the creditors getting much less than they would if the business was liquidated.  If you want to keep your business running, you should work with a Pasadena bankruptcy lawyer to ensure that you show why this will be a good thing for the creditors.
  • Whether the plan was proposed in good faith. A plan will not be approved if the court believes that the business has bad intentions or is violating any applicable laws.

If the creditors vote against adopting your proposed chapter 11 repayment plan, then another test will also be applied as well in determining whether to approve the plan.

This test is called the Fair and Equitable test and it looks at whether secured creditors are repaid the full amount of the collateral as well as at other key factors including how much your business is retaining and what business obligations will be fulfilled.

A Pasadena chapter 11 bankruptcy lawyer will assist you in crafting a plan that passes this test and lets you keep the doors of your business open.

Posted by Dheeraj Singhal | Permalink

Can Saying “Sorry” Make a Difference In Your Pasadena Bankruptcy?

March 11th, 2013

Many individuals who file for bankruptcy are not eligible for Chapter 7 and will instead file for Chapter 13 bankruptcy. Filing for chapter 13 requires creating a repayment plan with the help of a Pasadena bankruptcy lawyer.

Your Chapter 13 Repayment Plan: Saying Sorry Can Make a Difference

When you create a repayment plan with the help of your Pasadena bankruptcy attorney, you need to get that plan approved by creditors and by a bankruptcy judge/ If creditors object to the plan or if the judge doesn’t think the plan is fair or appropriate, your bankruptcy will take a longer time and changes may need to be made in order to accommodate their objections.

Obviously, it is beneficial to have your chapter 13 repayment plan approved as written and to have it approved as quickly as possible. When you and your Pasadena bankruptcy attorney create the plan, your payments and the length of the plan will be determined by the types of debt you have, the amount of debt you have and your income. There is some leeway, but creditor and judicial approval is always key.

According to one new study, getting this approval may hinge in a simple act: apologizing. According to an article in the Wall Street Journal, a pair of law professors recently conducted a study in which they presented 137 bankruptcy judges with hypothetical scenarios for a chapter 13 bankruptcy.

In some of the scenarios, the debtor apologized and in other scenarios, no apology was offered. According to the study results, the debtors who offered an apology had a greater chance of having their repayment plans approved. Furthermore, the judges were also more lenient and permissive in permitting certain discretionary expenses for these debtors, such as gymnastics lessons for a child, as compared with debtors who did not offer apologies.

This study shows that it is often the little things that count when it comes to filing for bankruptcy successful. Of course, it is very important to pay attention to every detail in the forms, the filing and the creation of your repayment plan. A Pasadena bankruptcy lawyer will help you to make sure that you have focused on the technical and legal details. Offer an apology may be just one more thing that you can do in order to help your bankruptcy go as smoothly as possible.

Posted by Dheeraj Singhal | Permalink
Posted in Bankruptcy Basics

Could a New Bill Make Student Loan Interest Dischargeable in Bankruptcy?

March 8th, 2013

Glendale bankruptcy lawyers see people and business struggling with all types of debt, but one of the most pervasive and troubling is student loan debt. Students may have hundreds-of-thousands of dollars in student loan debt to cope with, and when they have difficulty finding jobs they may be completely unable to even begin to tackle this huge debt burden.

In early January of 2013, democratic lawmakers proposed the Fairness for Struggling Students Act of 2013 in an attempt to deal with the crushing student loan debt problem faced by so many young people in the United States. This Act would make an important change to bankruptcy laws passed in 2005 that made it almost impossible to discharge student loan debt in bankruptcy.

The Fairness for Struggling Student Act

The Fairness for Struggling Students Act of 2013, S.114, was cosponsored by Senators Dick Durbin; Sheldon Whitehouse and Jack Reed. Durbin’s office released a statement indicating that the law was “unjustifiably changed” to provide private student loans with the same treatment under bankruptcy as government loans. The new Act would return the rules to the pre-2005 laws which allowed for the discharge of private student loans, which Glendale bankruptcy lawyers would be a great thing for those who are having a hard time due to student loan debt.

Unfortunately, Durbin introduced a similar piece of legislation in the previous legislative year and the legislation was not successful. There is little hope that it will be successful in this upcoming legislative session. However, if the change were made, it would provide important protections to students coping with student loans.

Private student loans are, in almost every way, a more burdensome debt than government student loans. Government loans typically have lower interest rates and have special repayment plans that allow you to set your payments as a percentage of your income. If you are unable to pay the loans off over 25 years, the remaining balance is discharged. Government loans can also be put into deferment or forbearance when you are coping with financial issues. Many private loans do not offer these special terms or protections.

By allowing for the discharge of private student loans in bankruptcy under more circumstances, many students who are coping with crippling debt would thus find a measure of relief that is currently being denied to them.

A Glendale Bankruptcy Lawyer Can Help With Your Student Loans

If you are struggling with student loan debt, the current bankruptcy rules make it very difficult to get the debt discharged. However, it is not necessarily impossible. A Glendale bankruptcy lawyer can help you to determine if you are eligible for a hardship discharge and can fight on your behalf to get your student loan debt discharged in bankruptcy.

Posted by Dheeraj Singhal | Permalink
Posted in Bankruptcy Basics