Often times debtors will file an emergency bankruptcy file as a quick method for invoking an automatic stay. Often times a debtor will need the protection of an automatic stay immediately, and thus not have the time to wait to complete the majority of necessary bankruptcy forms.
Arizona’s Debt at a New Low Phoenix, $5.79 billion Salt River Project, $4.1 billion The Arizona Department of Transportation, $2.
Most Common Misconceptions About Filing for Bankruptcy It’s a common concern. Since “bankruptcy” means “no money” to a lot of people, most assume that when you file for bankruptcy you have to give up the things you do own.
When you’re facing a large amount of debt, it can feel insurmountable. Should you file for bankruptcy? How does bankruptcy work?
Bills have been piling up and you have no idea how you’re going to pay them. It’s time to make a decision, should you declare bankruptcy?
Extreme debt can feel overwhelming but can be made even more stressful when people are seeking to collect money from you.
Gibson Brands files for Chapter 11 The company sells more than 170,000 guitars every year in more than 80 countries.
Last year 27 large U.S. retailers filed for bankruptcy and this year is on track to be even worse. While we know that brick and mortar stores struggle to compete with online retailers like Amazon, there might just be another reason that so many companies are having to liquidate with Chapter 7.
The Arizona state board has voted to begin the process of revoking the status of Phoenix-based Charter school, Starshine Academy following allegations of bankruptcy fraud.
When you’re facing a large amount of debt, it can feel insurmountable. Should you file for bankruptcy? How does bankruptcy work?