discharge

A vibrant rainbow arches over dramatic coastal cliffs during sunset, highlighting nature's beauty.

Pre-Petition vs. Post-Petition Debt: What You Need to Know Before Filing Bankruptcy

Understanding Pre-Petition and Post-Petition Debt in Bankruptcy What Does Pre-Petition vs. Post-Petition Mean in Bankruptcy? When filing for bankruptcy, it’s important to understand the difference between pre-petition and post-petition debt. These terms define when your debt was created and determine whether it can be included in your bankruptcy case. Pre-Petition Debt Pre-petition debt includes everything

Pre-Petition vs. Post-Petition Debt: What You Need to Know Before Filing Bankruptcy Read Post »

State bankruptcies Unfunded pensions Labor contracts Sovereign states Kansas financial crisis Public workers Bankruptcy legislation State financial distress Bailout plan Congressional debate

State Bankruptcies

The new bail-out plan? State unfunded pensions, labor contracts, general obligation bonds – all unsecured debt? The former Speaker of the House is calling for a bill to support state bankruptcies. Should states be able to file for bankruptcy? They cannot right now because they are considered sovereign. Proponents of the bill however say that

State Bankruptcies Read Post »

error

Learning a lot? Share the wisdom!

Scroll to Top
Walden Legal Solutions

Walden Legal Solutions

I will be back soon

Walden Legal Solutions
Welcome to your Virtual Legal Solutions. How may we help you?
Messenger