My Farm Business Closed — Am I Personally Liable for the Equipment Loans?
Closing a farm or ranch business doesn’t automatically close the equipment loans. Here’s how personal guarantees, deficiency balances, and Chapter 12 bankruptcy actually work.
Bankruptcy
A City Kept Billing Her After She Filed Bankruptcy. The Judge Said the Software Was No Excuse.
A judge ruled a city’s own billing software is no defense against the bankruptcy stay — but the reason her damages stayed at $1,500 is the real lesson.
Can Filing Bankruptcy Cost You Your Government or Postal Job?
Can bankruptcy cost your government or postal job? No — 11 U.S.C. §525 makes that illegal. Here is exactly what the law protects.
Can Bankruptcy Wipe Out My Tax Debt — Without Touching My Retirement?
Older income taxes CAN be discharged in bankruptcy (3-year, 2-year, 240-day rules) — and your 401(k) and IRA are protected. Don’t drain retirement to pay the IRS first.
Mortgage Rates Just Hit 6.54% and Your Lender Wants to ‘Help’ — The Cash-Out Refi Debt Trap
CFPB data shows cash-out refi borrowers run credit cards right back up within a year. Before you risk your home to consolidate debt, see what your lender won’t show you.
COVID EIDL Personal Guarantee Under $200K: Was Yours Even Required?
SBA rules didn’t require personal guarantees on COVID EIDL loans under $200K. If you signed one and your business closed, an attorney can tell you if it’s enforceable.
Mega Bankruptcies Just Surged. Here’s the Second-Order Effect Nobody’s Talking About — and Why It Might Hit Your Paycheck.
Mega corporate bankruptcies surged in early 2025. The consumer debt wave follows 6-9 months later. Here’s how to tell if it’s headed for your paycheck — and what to do before it arrives.
Meta Is Cutting 8,000 Jobs Starting May 20. Don’t Touch Your 401(k) Until You Read This.
Meta is cutting 8,000 jobs starting May 20. Before you touch your 401(k), read this — your retirement account is federally protected and your credit card debt is dischargeable. Here’s what to do instead.
Business Debt Collection: How It’s Different From Consumer Debt (And Why That Matters)
Business debt collection follows different rules than consumer debt. The FDCPA doesn’t protect most business debts — here’s what laws do apply and how to protect yourself.
What Happens If You Default on a Merchant Cash Advance (From Someone Who Has Seen This Before)
What happens after MCA default changes everything: UCC liens, frozen accounts, personal guarantees — and why courts are now ruling in your favor
