February 2009

My Employer Filed Bankruptcy! What Do I Do?

by David Leibowitz, Illinois and Wisconsin Bankruptcy Attorney

If an employer goes into bankruptcy, what can employees do to protect themselves? Employees are not helpless.  Employees have some important rights under bankruptcy and labor laws. Protect your pension plan Protect your health benefits Find out what rights you have under COBRA to continue your health insurance coverage Find out how your health claims [...]

How Will Mortgage Modification Work under the New Bankruptcy Law?

by Chip Parker, Jacksonville Bankruptcy Attorney

How does the (proposed) bankruptcy law, known as Helping Families Save Their Homes in Bankruptcy Act of 2009, actually work? Here is an example: Joe is a successful Jacksonville plumber who is a sub-contractor for ACME Homebuilders.  In June of 2005, he and his wife purchased a house for $440,000 with 80/20 financing.  They have [...]

How to choose a bankruptcy attorney

by David Leibowitz, Illinois and Wisconsin Bankruptcy Attorney

Consider quality, value and service when choosing a bankruptcy attorney.