Analyzing Last Week's Filing Statistics

Out of curiosity, we gave OpenAI’s ChatGPT-4 the latest bankruptcy filing data and statistics. We were surprised by its analysis:   ________________________ Upon closer examination of the data provided, I can identify the following trends:   In most weeks, the number of ba…

Managing Property with a Secured Claim

In the context of a Chapter 7 bankruptcy, individuals may have options for managing property that's subject to a secured claim. The choice often depends on the debtor's financial situation and the nature of the property. Understanding these options is crucial for optimal decision-making. This Guide…

Chapter 7 "Ride Through" Considerations

Introduction: The "ride through" option in Chapter 7 bankruptcy offers an alternative for debtors to handle their secured debts. Unlike reaffirmation or redemption, the "ride through" strategy allows a debtor to keep a secured asset, such as a car or house, by continuing regular payments without r…

How to File a Proof of Claim on Platform

Platform provides a single form to file claims in any district through a single form. Here's how it works: 1. Locate the case First, you want to locate the case where you want to file a Proof of Claim. The case can be found through a notification from our consumer monitoring service or on the&nbs…