What Is The Means Test In Bankruptcy?

A means test evaluates someone’s finances to determine if they qualify for assistance. These calculations include “extra housing costs, special education expenses, and other circumstances to be considered as reasons the median income would not be reasonable for this family,” says Jonathan Carson, co-CEO of Stretto as interviewed in Business Insider.

Commercial Real Estate Seems Doomed — Corporate Restructuring May Be A Viable Strategy

Stretto Managing Director Travis Vandell and Morris Nichols Senior Counsel Daniel B. Butz discuss that for companies in the commercial real estate sector, the advantage of filing chapter 11 is mostly cut-and-dry: they can drive the process rather be driven in the AIRA Journal.

Decoding The Digital Asset Landscape In Bankruptcy

Stretto Managing Director Anthony Facciano and Otterbourg PC Attorney David A. Castleman explain that as cases may begin to show a wide variety of digital asset issues, fiduciaries will have to consider a number of legal and practical considerations when determining how to manage and ultimately resolve these assets in insolvency proceedings in Law360.

Understanding The Role Of The Independent Director In Bankruptcy

Stretto Managing Director Michael A. Cohen and Attorney Jeff Gleit with ArentFox Schiff examine the integral role independent directors can play in guiding companies through the restructuring process in Turnaround Management Association’s Journal of Corporate Renewal November issue.

A Trustee’s Guide To Preference Portfolio Monetization

Stretto Managing Director Dan McElhinney and Attorney Thomas E. Springer discuss the best practices for Trustees to follow to efficiently and successfully monetize preference portfolios for Chapter 7 and Chapter 11 liquidations and maximize recoveries in the ABI Journal November 2023 issue.

Practice Pointers For Discharging Student Loan Debt In Bankruptcy

Stretto Managing Director George M. Vogl and Attorney Malissa Lambert Giles explain that discharging student loan debt in bankruptcy has become a more viable yet often misunderstood alternative for millions of Federal student loan borrowers to get out of debt and gain a fresh start in bankruptcy in the fall issue of NACBA’s Consumer Bankruptcy […]

The CFO Of 2030

In seven years, I can imagine that large companies will have a big advantage over smaller companies, as they’ll be able to invest in labor-savings tools like Generative AI to get things done more efficiently and at lower cost, predicts Peter Bonfiglio, CFO of Stretto, as interviewed in StrategicCFO360.

Should You Get A Mortgage Loan Modification?

If you aren’t able to make your mortgage payments and you want to stay in your home, a modification is usually a good option, according to Igor Roitburg, Stretto Managing Director, as interviewed in U.S. News & World Report.

Types Of Bankruptcy – 6 Options Explained

When a distressed company chooses Chapter 11, they retain control of their assets and can stay in business, explains Jonathan Carson, Co-CEO of Stretto, as interviewed in Business Insider.

Preparing To Manage Student Loan Debt In Bankruptcy

Stretto Managing Director Igor Roitburg and Attorney Michael Lux explore the new guidance for discharging federal student loans in bankruptcy that represents a big shift, and an opportunity, for bankruptcy professionals in NACBA’s Consumer Bankruptcy Journal Summer 2023 edition.