Maxwell Dunn PLC

You might be feeling a loss of control if you see that your paychecks, which you work so diligently and hard for, are being reduced because there is a garnishment order against you. Your financial situation, which was already less-than-stable, is a little more dire thanks to one or more judgments. Fortunately, there is a […]

If you are considering filing for (personal) bankruptcy, understand that you have two options: a Chapter 7 filing or a Chapter 13 filing. While these two types of bankruptcy have the same aim – discharging your eligible debts and freeing up your financial situation – they go about it differently.    Chapter 13 bankruptcy (often […]

The current pandemic taking hold across the world is not something that has been experienced in generations. It has touched nearly every aspect of people’s lives, and the legal system is no exception. If you have recently filed or were planning on filing for bankruptcy, you must be wondering how that might be affected by […]

Student loans are one of the main sources of financial stress for young people today. They’re talked about all the time because they’re on people’s minds, and that’s probably how one of the biggest misconceptions about bankruptcy sprouted up. So many people believe that even filing for bankruptcy cannot do anything to help you with […]

  If you are filing for Chapter 13 bankruptcy and want to know what to expect, it’s helpful to learn about the concept of a cramdown. Learn more below…   What is a Cramdown in Chapter 13 Bankruptcy?   The objective of a cramdown is to reduce the principal balance of a secured debt to […]

One of the most important resources a business can have is a strong relationship with a business attorney. From the very start, businesses face many legal issues. Since there is money and livelihood at stake, it is important to have the guidance of someone who knows about the laws that regulate businesses. Read on to […]

A new law was recently passed by Congress and will change the way businesses are restructured during bankruptcy. In 2005, the Bankruptcy Abuse Prevention and Consumer Protection Act was passed, but in the years since then, lawmakers have determined that Chapter 11 bankruptcy cases were still running into issues and the law needed to be […]

Budgeting for your business is a lot like budgeting for your household. However, the stakes are very different. If your budget is off, you run the risk of operating in the red. Running your business at a loss will eventually lead to closing your doors. One of the first steps in creating a successful business […]

You may have heard the saying that there are two things that are certain in life: death and taxes. This old adage may not be true in some situations. Under certain conditions, you can discharge tax debts by filing bankruptcy. However, your tax debts must meet particular qualifications to be discharged. Tax Treatment Under Chapter […]

Mergers can be both exciting and very difficult. They often represent expansion and new people with ideas. However, getting the process wrong can lead to serious problems that can undermine your business as a whole. The merger process requires getting even the smallest details just right so the transition can be as smooth as possible. […]