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The Maryland Bankruptcy Blog
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Brett Weiss
- Oct 26
- 1 min
Bankruptcy Filings Continue to Rise
According to statistics released by the Administrative Office of the U.S. Courts, total bankruptcy filings rose 13 percent, and business...
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Brett Weiss
- Aug 5
- 1 min
Bankruptcy Filings Surge 71%
According to data collected by Epiq, July commercial Chapter 11 filings increased 71 percent over last year. You can read the article...
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Brett Weiss
- Feb 22
- 1 min
40 Years Practicing Law!
This year marks the 40th anniversary of being admitted to the bar. Forty years ago, I was clerking for Bruce Williams, the Chief Judge of...
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Brett Weiss
- Feb 14
- 2 min
Should a Business File for Chapter 7?
We are often contacted by potential clients who want to file a Chapter 7 bankruptcy for their closing business. Our answer usually is...
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Brett Weiss
- Feb 3
- 1 min
After Years of Decline, Bankruptcy Filings Jump
After years of declining bankruptcy filings, according to the most recent study by Epiq Bankruptcy, filings in January 2023 show a...
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Brett Weiss
- Jun 8, 2022
- 2 min
A Boring Name, But Important Changes to the Bankruptcy Code
Update: Signed into law June 21, 2022. Late in the evening on June 8, 2022, the House of Representatives passed the Bankruptcy Threshold...
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Brett Weiss
- Apr 22, 2022
- 2 min
Arbitration Clauses Take a Bite Out of Uber
From Public Citizen: Forced arbitration backfires on Uber A cautionary tale on forced arbitration: Uber’s platform Uber Eats allows...
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Brett Weiss
- Apr 12, 2022
- 1 min
Senate Passes Bill to Increase Debt Limits for Small Businesses and Individuals
On April 11, 2022, the U.S. Senate passed the the “Bankruptcy Threshold Adjustment and Technical Corrections Act," via unanimous consent....
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Brett Weiss
- Jan 10, 2022
- 1 min
Why Are Bankruptcy Filings So Low?
Bankruptcy filings for 2021, in the midst of a global pandemic and economic disruption, are at low levels we haven't seen for...
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Brett Weiss
- Dec 22, 2021
- 1 min
Federal Student Loan "Pause" Until May 1, 2022 (at least...)
President Biden has extended the "pause" on federal student loan repayment, which was set to expire on February 1, 2022, to May 1, 2022....
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Brett Weiss
- Nov 9, 2021
- 1 min
The Numbers Are Changing--Why Now's the Time to File Under the Small Business Reorganization Act
The Small Business Reorganization Act (SBRA) is a special set of provisions under Chapter 11 that make it easier for small businesses and...
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Brett Weiss
- Sep 23, 2021
- 1 min
Kmart Closing All but 16 Locations, Sears Closing All but 19
(from Forbes) Another iconic superstore has announced that it will be closing all but 16 of its remaining locations in the coming months,...
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Brett Weiss
- Sep 6, 2021
- 1 min
New Court Covid Requirements
The Maryland Bankruptcy Court has just entered an Order Effective September 8, 2021, requiring that all persons entering U.S. Courthouses...
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Brett Weiss
- Aug 4, 2021
- 1 min
Bankruptcy Filings at Record *Lows*
As a bankruptcy attorney, most people think that I'm unbelievably busy right now. The pandemic, business closures, layoffs, changed work...
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Brett Weiss
- Jul 29, 2021
- 1 min
When Covid Deadlines Expire for Foreclosures, Evictions, Extra Unemployment...
Even though the Delta Variant is running rampant across the country, a number of very important deadlines are coming up when protections...
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Brett Weiss
- Jun 10, 2021
- 1 min
Jeweler Alex & Ani Files Bankruptcy
The Rhode Island-based jewelry company sells wares like charm bracelets and necklaces and was founded in 2004 by Carolyn Rafaelian. It...
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Brett Weiss
- May 3, 2021
- 1 min
Brett Weiss Authors Article in the American Bankruptcy Institute Journal
I am pleased that my article, "The Absolute Priority Rule Should Not Apply in Individual Chapter 11 Cases," was selected for publication...
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Brett Weiss
- Mar 30, 2021
- 1 min
Cover Article in Consumer Bankruptcy Journal
I am pleased that my article, "The Small Business Reorganization Act--A Brief Overview," was selected as the cover article for the Spring...
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Brett Weiss
- Mar 16, 2021
- 2 min
Bankruptcy Filings Hit Historic Lows. No, You Didn't Misread That.
Most think that bankruptcy filings are at record highs. Actually, bankruptcy filing numbers are at a historic low. In February 2021,...
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