Understanding the COVID-19 Bankruptcy Relief Extension Act
The COVID-19 pandemic has had an extended impact on the U.S. economy. Congress passed the Coronavirus Aid, Relief, and Economic Security (CARES) Act. The law provided a wide variety of relief to individuals and businesses. It included several changes to federal bankruptcy law. Those changes were set to expire in March 2021, one year after…
Five Tips for Surviving Your Chapter 13 Bankruptcy
Can you survive your Chapter 13 bankruptcy? Chapter 13 bankruptcy is not a quick process. Instead, you will be spending several years reorganizing your debts and catching up on missed payments. But, in return, you will keep your assets and not have to liquidate property. While there are pros and cons to Chapter 13 bankruptcy,…