By Jeff Field | Published November 24, 2025 | Posted in Bankruptcy | Tagged Tags: bankruptcy, chapter 13, creditors | Leave a comment
What Is the “Best Interest of the Creditors” Test in a Chapter 13 Bankruptcy?
Before filing for bankruptcy, you should speak with a knowledgeable lawyer to discuss the options available to you. For some, a Chapter 7 proceeding is the best solution because you can discharge nonexempt debts and make a fresh start. On the other hand, a Chapter 13 repayment plan might be the right choice, particularly if Read More
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Can a Bankruptcy Threaten a Filer’s Professional License?
Many people who would benefit greatly from bankruptcy protection hesitate to seek relief because of misconceptions about the process and what it means. Bankruptcy is not a punishment, but a powerful legal tool used to help individuals and businesses whose debts have become unmanageable. People from all walks of life and every type of profession Read More
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What Happens to HSA Funds in a Chapter 7 Bankruptcy?
Many Americans rely on a health savings account (HSA) to help address their medical costs. An HSA allows participants in high-deductible insurance plans to accumulate money that can cover various medical expenses. These accounts are portable and do not expire at the end of the year. When HSA funds are used for qualified expenses, they Read More
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As Georgia Considers Legalizing Sports Betting, Researchers Probe Link to Higher Bankruptcy Rates
Since the Supreme Court cleared the way for states to legalize sports betting in 2018, a majority of jurisdictions have done just that. Georgia has not, though state legislators have discussed the possibility of a voter referendum on this subject in the next couple of years. Anyone who watches sports on television can recognize the Read More
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