Archived
If my company filed chapter 11 do they still have to pay me my retroactive salary bi weekly
Ian's answer
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Answered on July 01, 2011
As the other contributors stated, the Chapter 11 Plan will determine what and when you are paid. However, past due wages (up to $10,000) due...
Archived
How has the bankruptcy laws changed for private citizens, i.e. chapter 7, 11 and 13 I think...?
Ian's answer
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Answered on July 01, 2011
The changes to the Bankruptcy Code in 2005 were substantial. In general, they made it more difficult to file a Chapter 7 case by instituting the...
Archived
I defaulted on my Chapter 11 plan but the irs treated my breach as if the plan didn't exist? What can I do?
Ian's answer
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Answered on June 11, 2011
Filing your case imposed a "stay" and stopped additional interest and penalties from accruing. Unfortunately, if you don't complete the Plan,...
Archived
How does a divorce complicate a Chapter 7 Bankruptcy case?
Ian's answer
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Answered on June 01, 2011
A joint bankruptcy filing can often be a solution to a divorce case. This is typical where the parties have a fairly amicable relationship and...
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