Stay updated with breaking news from Chapter 13. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
United States Bankruptcy Court for the District of Massachusetts denied confirmation of cannabis company employee Chapter 13 plan and dismissed bankruptcy case. Scott H. Blumsack is a general manager who is licensed in Massachusetts to work for Society Cannabis Co.
Bankruptcy may not prevent you from getting an auto loan, but you'll likely get a higher interest rate and less favorable loan terms.
Annual bankruptcy filings in calendar year 2022 totaled 387,721, compared with 413,616 cases in 2021, according to the most recent statistics released by the Administrative Office of the U.S. Courts. The office reported Feb. 6 that business filings fell 6 percent, from 14,347 to 13,481 in the year ending Dec. 31, 2022. Non-business bankruptcy filings
Allowing judges to discharge mortgage debt in bankruptcy and rewrite repayment terms would put homeownership out of reach for many Americans.
The mortgage cramdown proposal would prolong and worsen the bankingcrisis, delaying economic recovery.