Chapter 13 bankruptcy requires that a debtor pay his or her disposable income for a period of 3-5 years. The ultimate question is how much does the debtor have to pay and for how long. One requirement is that the debtor must satisfy the “best interests of creditors”...
I routinely get asked about whether an individual can be liable for a corporate debt. Clients usually form corporations to insulate themselves from personal liability. Sometimes the corporate status is abused. The doctrine of alter ego allows a party to pierce the...
Pros: Automatic stay as to lawsuits, foreclosures, collection actions, creditor actions, etc. Temporary deferral of pre-petition unsecured debt payments and with limitations, secured debt payments and pre-petition rent claims. Possibly avoid and recover involuntary...
The Law Offices of David A. Arietta
700 Ygnacio Valley Road
Walnut Creek, CA 94596