No SIR Insurer Cant Avoid Payment if Insured Files for Bankruptcy
Self-insured retentions (SIRs) and deductibles serve the same purpose, allotting a portion of the risk to the insured. The method chosen has a distinct impact on the insurer's obligations and also impacts determining creditor status when an insured files for bankruptcy
What Is a Briefing and Will It Reduce Filings
In order for an individual to be a debtor under BAPCPA, he or she must first comply with the credit counseling provisions of §109(h). Under this new provision, a debtor is required to receive an individual or group briefing from an approved nonprofit budget and credit