Thought Leadership Type: Bankruptcy Solutions

Stretto Managing Director George Vogl explains that the discharged debtor must remain current on all regular obligations that survived the bankruptcy. This usually includes mortgage payments, car payments, and other secured debts where the debtor agreed to keep the secured property in exchange for keeping their obligation on the debt. As interviewed in Debt.org.

Stretto Managing Director Dan McElhinney and BakerHostetler’s Jorian Rose describe that an avoidance action marketplace would be a boon to debtors as it would allow for the early and efficient monetization of avoidance actions, instead of the slow process of liquidating an avoidance action portfolio via contingency fee advisors that exists today in the New […]

Stretto co-CEO Jonathan Carson says that while cases can vary individually, business owners overwhelmed by their debt should consider bankruptcy rather than letting their EIDL or SBA loans fall into delinquency. The stigma attached to bankruptcy 25 years ago no longer remains. As interviewed in L.A. Business First.

Stretto Managing Director George Vogl explains that borrowers absolutely must address any debts that survive the bankruptcy and be in good standing on their payments. This is the most important factor that potential lenders will view. As interviewed in CBS MoneyWatch.

Stretto Managing Director Melinda Bennett and Subchapter V Trustee Matthew Brash discuss that if the proposed legislation to extend the current debt ceiling is passed, bankruptcy professionals can maximize the value that Subchapter V brings to distressed small businesses in Law360.

Stretto co-CEO Jonathan Carson says that many financial advisors incorrectly assume that bankruptcy is something their clients will never deal with, but bankruptcy can happen even for wealthier individuals for various reasons, and advisors should have enough familiarity with bankruptcy options to speak intelligently, as interviewed in Barron’s.

Stretto Managing Director George Vogl recommends that student-loan holders consult financial experts about income-driven repayment plans after graduation. Students may be unfamiliar with the repayment structuring options available under the Higher Education Act as interviewed in GOBankingRates.

Stretto Managing Director George Vogl advises consumers that to get out of debt, a consumer needs to identify their minimal reasonable standard of living and stick to it. Any discretionary income after necessities should be paid to their debts, with the highest interest debts being paid first. As interviewed in CBS MoneyWatch.

Stretto Managing Director Igor Roitburg, Robert Branson, and Tammy Branson explain that to make a meaningful impact on student loan debt, the DOJ and DOE must work with bankruptcy courts and leverage existing technology to review and decision cases more quickly and with greater clarity and transparency in NACBA’s Consumer Bankruptcy Journal Spring Issue.

Stretto co-CEO Jonathan Carson was featured on the Real Talk podcast with Andrew Kirsh discussing how to use bankruptcy offensively to find distressed real estate deals.