Chapter 7 bankruptcy is designed to treat all creditors of the same priority equally. This means that if a debtor favors a creditor by paying that creditor back more before bankruptcy than it would have received in the bankruptcy, then the bankruptcy trustee may be...

“This is the last place I ever expected to be,” says the client sitting across from me – I hear it almost every day. Another common remark is, “I am not the type of person who doesn’t pay their debts.” I think comments like these are the result of the myth that only...