- Bankruptcy & the Coronavirus Recession
CAREs Act Changes to the Bankruptcy Code
Congress made a few important changes to the bankruptcy laws. Here’s a summary of what’s changed.
CAREs Act Changes to Official Means TestForms 122A-1, 122B, and 122C-1
The CARES Act made an important change to the means test form to indicate that payments under the CARES act are NOT included in determining median income. This could be a great boon to those thinking of filing.
Bankruptcy as Part of Your COVID-19 Financial Plan
Consumer bankruptcy filing reached a 34 year low in 2020, because forbearance and other programs prevented the normal collection efforts, like wage garnishment and foreclosure, — the things that usually prompt people to recognize how dire their situation is — prompting them to file. Whether the timing for filing for bankruptcy is now or later, the time to talk to a bankruptcy attorney IS NOW, so you can take full advantage of the financial protections that bankruptcy law can provide, and avoid common financial mistakes in the year to 18 months before filing, that may cause you to lose assets you could otherwise keep in bankruptcy.
Best Mortgage forbearance and COVID-19 Resources on the Internet
We've gathered links to best information on the web on the subject of COVID-19 legislation and resources that can help you keep your home during this economic crisis. We've gathered the best stuff all into the one article. -- Bookmark this page. We will revise it as we find new sources
Selected Articles about Bankruptcy and the Coronavirus
The best of what's out there on the web about how to use bankruptcy law to protect your assets during the Covid-19 recession.
Can Bankruptcy Keep Me From Being Evicted in California? No, But Bankruptcy Can Get Rid of Back Rent Debt Accumulated During the Pandemic
Can bankruptcy help stop an eviction? Well, it can delay it, for an extra month or two, in some cases, in some states, if you file early enough in the eviction process. Bankruptcy can, however be a great solution to the problem of "back rent debt" accumulated during the pandemic.
CDC Bans Evictions Through July 31, 2021
Find out how the CDC eviction ban works in your state. We're tracking down the latest tools and information on the internet or you to use.