In March it was announced that Sports Authority, a nation-wide sports retailer would be filing for Chapter 11. Now it looks like sports retailer Sports Chalet will be following in its competitor’s steps.
In yet another loss for brick-and-mortar retail stores, Pacific Sunwear has filed for Chapter 11 bankruptcy protection. It follows in the footsteps of retailers like Sports Authority and Wet Seal that have declared Chapter 11 over the past few years.
According to her IRS tax lien, rapper Iggy Azalea might owe the IRS $391,056.55. But before you jump to conclusions, we’ll discuss what a tax lien is, and how it might not portray the whole story of someone’s financial picture.
To qualify for a Chapter 7 bankruptcy in Arizona you will need to take the Arizona Means Test, during which your income is compared to the median income for a household of your size.
So many people these days owe a lot of debt. But do you owe enough to be able to file for bankruptcy?
While the economy is slowly getting back on its feet, it’s not uncommon for people to still be upside down on their home mortgages.
We talk a lot about Chapter 7, Chapter 11, and Chapter 13 bankruptcy because they are the most commonly filed among consumers and businesses.
If you are facing foreclosure, it’s important to know that there are options available to you. As always, it’s advised that you work with a bankruptcy lawyer such as a phoenix chapter 13 bankruptcy lawyer to help you figure out if bankruptcy is a good option to save your home.
Depending on your situation, if you’re considering filing for bankruptcy, you’ll need to determine which form of bankruptcy, either Chapter 7 or Chapter 13, you should file.