Overpayments of Social Security benefits are unsecured debts just like credit cards and medical bills, and they are therefore dischargeable in Chapter 7 and Chapter 13 bankruptcy in most cases, short of any finding of fraudulence in the acceptance of the payment by the recipient. In other words, so long as you did not accept [...]

EBay is an online auction website where people and businesses buy and sell goods. You probably already know that. What you may not know is how EBay can help you during your bankruptcy. First, EBay can help you adequately value your household property. The bankruptcy laws require that the debtor account for all personal property [...]

Friendly’s Ice Cream Corp. recently filed for Chapter 11 bankruptcy.  While the restaurant chain will continue to operate through the bankruptcy, officials say they plan to close 63 of their least profitable locations. The Massachusetts-based company listed between $100 and $500 million worth of assets and debts.  A Boca Raton-based creditor, Sun Capital, has plans [...]

In a recent USA Today article by Christine Dugas, many points are made when filing for bankruptcy. While bankruptcy itself is not an inherently bad decision, it is not always the best one. This article gives some takeaway tips you can discuss with your family if you want to avoid bankruptcy. It can also help [...]