After the pandemic, when the economy lurches back into motion, bankruptcy lawyers will confront a clutch of troubled Chapter 13 cases. In the face of disruption, distress, and the unknown, we’ll be called on to guide clients forward, in one direction or another. Let’s review the questions we’ll need to answer in order to provide […]
Analyzing The Troubled Chapter 13: 20,000 Questions Under The Surface Of The Case
By Filed Under: Chapter 13
Learn the Bankruptcy Lingo: Pots & Percentages
By Filed Under: Bankruptcy Practice, Chapter 13
While we’re learning to “walk the walk”, we might as well learn to “talk the (bankruptcy) talk”. Each profession has its shorthand for concepts that are encountered repeatedly. For bankruptcy lawyers, that includes the distinction between Chapter 13 “percentage plans” vs. “pot plans“. These terms are alternative ways that the dividend to unsecured creditors in […]
