The Bad Preference Surprise

Wasson and ThornhillBankruptcy Law

Avoid the frustrating surprise of having one your friendly creditors be challenged by your bankruptcy trustee with a preference action.

A Fresh Start through “Avoiding” Judgment Liens

Wasson and ThornhillBankruptcy Law

Bankruptcy gives you a fresh start by writing off debts. But it can also free up your home by getting rid of or “avoiding” judgment liens. Writing off debts is good. But if a creditor got a judgment against you, and you own a home, most likely that debt has also turned into a judgment lien on the title of your … Read More

The Basics: the Bankruptcy Code

Wasson and ThornhillBankruptcy Law

When you start looking into bankruptcy, you hear about different “Chapters” and “code sections.” They are all part of the Bankruptcy Code.