Tag Archives: Chapter 7

Commercial Chapter 11 Bankruptcies increased to 6,569 filings according to a new data report from Epiq AACER. Will that upward trend continue as we move into 2024?

Total filings increase to levels last seen in 2021. Click through for more.

The latest report from Epiq has found that new bankruptcy filings in February 2023 registered double-digit increases year-over-year across all U.S. major filing categories.

Epiq, an Atlanta-based provider of intelligence to the legal services industry, has released its May 2022 bankruptcy filing statistics from its new Bankruptcy Analytics platform which found that filings decreased by 3.74% last month representing 31,314 cases 32,508 filings of ...

Epiq, an Atlanta-based provider of intelligence to the legal services industry, has released its March 2022 bankruptcy filing statistics from its new Bankruptcy Analytics platform which found that filings increased by 34% last month representing 36,049 filings of all types, up ...

According to the U.S. Courts website, the fundamental goal of the Federal bankruptcy laws enacted by Congress is to give debtors a financial “fresh start” from burdensome debts and provides for “liquidation” in a Chapter 7 filing—the sale of a ...

The current bankruptcy rules don’t help the servicer or the borrower get a good deal on their real estate assets. Ed Delgado, President and CEO of the Five Star Institute explains how a program like CWCOT can help in the sale of these properties.

Historically, Chapter 7 Trustees rarely seek authorization to sell over-encumbered real property of the estate free and clear of liens because such a sale is authorized only under very limited circumstances. Based upon the rarity of motions to sell over-encumbered property and the assumption that a Court would never grant such a motion, creditors have generally been complacent about monitoring bankruptcy cases for such motions.