July 1st, 2011 by Reed Allmand 
If a business has filed bankruptcy in a foreign country, they may also file Chapter 15 bankruptcy in the United States to protect their assets held here. When the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 (“BAPCPA”) was passed, Congress added Chapter 15 bankruptcy so that the system could effectively handle cross-border insolvency [...]
More...November 25th, 2009 by Reed Allmand
Allmand & Lee has helped countless families file bankruptcy, stop repossessions and save their homes from foreclosure. Relax this holiday season and know that soon, a new hero will join the fight…
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If you have been unemployed for a while, you may be thinking about making a career change or seeking self-unemployment. Keep in mind, some state programs are not eligible for those who are self-employed but some states may allow you to collect unemployment benefits while working toward self-employment. You’ll have to review rules and requirements [...]
An offer in compromise lets taxpayers settle tax debt for less than the original amount that is due. While the paperwork for the process can be obtained by the taxpayer who is seeking to apply, it has been recommended to work with a tax expert during the process. There are rules and requirements that need [...]
The bankruptcy process may seem challenging depending on personal circumstances and which chapter is filed. It is often wondered what happens when a co-signer files for bankruptcy protection. In many cases, a co-signer situation makes both parties responsible for outstanding debt. If the account in question goes into default, either party can be pursued by [...]
When we modify your bankruptcy plan we are changing your plan payments. This means that we have to get with your employer and change the terms and amount of your wage order. The only way we can do that is by filling out a new wage order form.
Learn MoreIf the bankruptcy stay terminates on your home that means that even though your in bankruptcy, your creditor can pursue all there legal remedies they can pursue if you were not in bankruptcy. This includes foreclosure, and having your house sold and evicting you from your house.
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