Five Things to Consider Before Seeking Bankruptcy
If you are dealing with financial troubles and struggling to keep up with overwhelming debt, bankruptcy may seem like an appealing option to you. After all, bankruptcy can allow you to get rid of most...
View ArticleBig Business Bankruptcies Up By 84% in 2020
The number of large businesses that have gone bankrupt in 2020 has increased by 84% compared to the same time period in 2019, according to a recent study. This increase in the number of big business...
View ArticleFive Ways Bankruptcy Can Improve Your Financial Future
If you are even considering declaring bankruptcy, then you are probably not in a very good place, financially speaking. Despite this, you may be dreading declaring bankruptcy because of the negative...
View ArticleThe 10 biggest retail bankruptcies of 2020
This year, Neiman Marcus and J.C. Penney joined the ranks of some of the biggest retail bankruptcies on record, including Sears, Toys R Us and Circuit City. Neiman Marcus, J.C. Penney, Ascena Retail...
View ArticleSen. Warren and Rep. Nadler Propose Bankruptcy Reform
Senator Warren and Congressman Nadler have introduced the Consumer Bankruptcy Reform Act designed to be the biggest change to the U.S. Bankruptcy Code since the Bankruptcy Abuse Prevent and Consumer...
View ArticleJUDGE DISMISSES NRA BANKRUPTCY CASE IN BLOW TO GUN GROUP
DALLAS (AP) — A federal judge dismissed the National Rifle Association’s bankruptcy case, leaving the powerful gun-rights group to face a New York state lawsuit that accuses it of financial abuses and...
View ArticleNBA STAR ANTOINE WALKER BOUNCED BACK FROM BANKRUPTCY IN TWO YEARS. HERE’S HIS...
Because everyone’s situation is different, it makes sense to work with a bankruptcy lawyer to determine the best course. Walker puts it this way. “You are the CEO of your company,” he said. “You have...
View ArticleBankruptcies fell dramatically in 2021, but challenges remain
Bankruptcy cases fell in 2021 after falling in 2020. Consumers who were over their head in debt and distressed businesses submitted 434,540 bankruptcy filings through September, 2021. That’s an...
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