By: pbryson | July 17, 2015

Choosing whether to file under Chapter 7 or Chapter 13 involves a vital choice in strategy and objectives. That decision affects what property the debtor will be able to keep, how and if creditors will be paid, and the total cost for the debtor. So what if you make a mistake in choosing or things don’t work as planned? You may not be stuck; converting from one chapter to another is possible. But the practical effects of conversion are not always easy to foresee.

In our last post, we started reviewing the U.S. Supreme Court's recently-closed term by explaining the Caulkett decision and its effect on underwater second mortgages in Chapter 7. In another case decided this year, the U.S. Supreme Court decided whether a debtor who converts from...

By: pbryson | June 11, 2015

Bankruptcy isn’t boring anymore. Especially in a year when the U.S. Supreme Court considered 5 separate bankruptcy law cases.


At Bryson Legal, we’ve always taken bankruptcy seriously. It represents the complex interplay of state and federal law and the particular circumstances of our client’s lives and businesses. But there are many providers in the bankruptcy industry who approach bankruptcy as a process of just inputting figures into forms. This year’s Supreme Court cases show the benefits of our customized approach to bankruptcy representation:


Bank of America v. Caulkett – Can a second mortgage survive Chapter 7 bankruptcy?


The most recent decision from the Supreme Court dealt with whether a second mortgage comes through a cha...

By: pbryson | March 12, 2015

For many small businesses in our service-based economy, people are the biggest budget item. People are the consultants, salespeople, trainers, service reps, transport drivers, analysts, and thousands of other workers that keep a business running. How your business pays those people--as employees or independent contractors--may sound like a pure choice about how to do business. In reality, State and Federal laws and regulations dictate who qualifies as an employee or independent contractor and a mistake in classification can be very costly.

Employees vs. Contractors - different on the bottom line

In financial and paperwork terms, independent contractors ("ICs") are much more attractive to a small business than employees. For IC's, th...