Posts Tagged 'montana lawyer'

Does Bankruptcy Help You Live Longer?

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Can bankruptcy can play a role in stemming the tide of rising inequality? Economists think maybe it can. 

fix credit report after bankruptcyA whitepaper released by the National Bureau of Economic Research found that the bankruptcy code is an incredibly effective social insurance policy.  According to their findings, getting approved for Chapter 13 bankruptcy protection “increases annual earnings by $5,562, decreases five-year mortality by 1.2 percentage points, and decreases five-year foreclosure rates by ...

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How To Value A Small Business In Bankruptcy

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Post by Cathy Moran, Esq., Bankruptcymastery.com

What’s it worth?

Another round of bankruptcy newbie questions suggests it’s time to review small business valuation questions.

Our hypothetical debtor supports his family working in an incorporated business that he wants to continue operating.  He is the only shareholder.

The scenario that prompted this post had the debtor reporting to his lawyer that the business was worth $100,000. That’s well beyond the available exemptions and, in ...

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