July 2019 Archives

$49.3 financing deal to help preserve affordable housing

As costs continue to rise in the Massachusetts residential real estate market, state and local governments struggle more and more with ways to provide affordable housing. Private builders and investors can usually make a lot more money creating luxury condominiums, and without outside help, they may have little economic incentive to create apartments or other housing units that lower-income people can afford. To provide that incentive, some local and state governments offer financing.

Can individuals file for Chapter 11?

As this blog has noted many times, the two most common forms of bankruptcy for individuals are Chapter 7 and Chapter 13. Sometimes news articles mention a celebrity filing for Chapter 11 bankruptcy. This is actually very rare. The vast majority of Chapter 11 bankruptcies are filed by businesses, not individuals.

How can I plan for the possibility of disability?

While wills are oriented around preparing for what will happen after you pass away, other elements of estate planning can go into effect during your lifetime. A good estate plan takes into account the possibility you may become disabled due to illness or injury.

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