Absolute Priority The order of payment to the different classes of creditors mandated by the Bankruptcy Code. Accord and Satisfaction An agreement to settle a contract dispute by accepting less than what’s due. Adequate Protection The right of a party with an interest in the debtor’s property to assurances its interest will not be diminished...Read More

Please cut and paste these questions into an email with the answers for yourself (and/or your spouse) and send to Attorney Theresa Rose DeGray at TRD@ConsumerLegalServicesLLC.com. Your full names and the town and state in which you live; The full name of any child or children you currently have and his/her/their date of birth; The...Read More

Background Chapter 12 is designed for “family farmers” or “family fishermen” with “regular annual income.” It enables financially distressed family farmers and fishermen to propose and carry out a plan to repay all or part of their debts. Under chapter 12, debtors propose a repayment plan to make installments to creditors over three to five...Read More

SOURCE: GROWTH SUCCESS RADIO Growth Success Radio is the podcast for small to medium businesses who need pointers and tips on their growth and features topics on digital marketing, Google dominance, being a social business and so much more.  Will bring you the lasted and greatest tools and ideas to fuel your businesses Growth Success!...Read More

    We had an excellent turnout at the 2015 Network of Executive Women’s Girls Night Out!  Thank you to all who participated and supported the event!Read More

If you’re trying to save money, you might be wondering when you should skimp and when you should proceed as you normally would. Birthdays and holidays are events that can be particularly hard to handle while you are trying to save money because these occasions are usually expensive. With Thanksgiving approaching, it is important that...Read More

I love the summer, but by the time it draws to an end and the leaves start changing, I get excited for autumn in the Northeast. For me, fall signifies hiking through the foliage, apple cider, and of course, all things pumpkin! If you’ve got that fall pumpkin craving, check out these awesome and cheap...Read More

What exactly is an objection to bankruptcy discharge? Is a creditor or a bankruptcy trustee trying to challenge debts that you are trying to discharge? If there has been an objection to your bankruptcy discharge, do not panic. In this article I will explain what this objection means and how you should proceed. If you...Read More

If you have come to the realization that your debt is too overwhelming for you to manage on your own, you might consider filing for bankruptcy. However, before you can begin the process of filing for bankruptcy, you will have to go through a process call or texted pre-bankruptcy counseling. This is a mandatory process...Read More

Chapter 15 is a new chapter added to the Bankruptcy Code by the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005. It is the U.S. domestic adoption of the Model Law on Cross-Border Insolvency promulgated by the United Nations Commission on International Trade Law (“UNCITRAL”) in 1997, and it replaces section 304 of the...Read More