Bankruptcy allows consumers a way out of debt, but it’s important to remember that there are repercussions that can ruin people’s credit as well as put consumers at risk of losing their property.
Most of us are able to breathe a big sigh of relief following tax season. Taxes are paid, refunds are imminent (for the lucky ones), and all the paperwork is filed and finished.
Children’s clothing retailer Gymboree Corp. is the latest brick-and-mortar store to close its doors in light of the big online shopping movement.
A man accused of being a “serial filer” recently received a year long prison sentence for filing for bankruptcy over 10 times without ever having plans of following through on his claims.
Los Angeles-based apparel maker True Religion has filed for Chapter 11 bankruptcy protection. The company plans to continue operations during its restructuring.
A recent analysis published in Consumer Reports took a look at bankruptcy court data and the results of a questionnaire of 2,000 consumers and concluded that Obama’s Affordable Care Act may have been a huge contributing factor in a drop in personal bankruptcies as the result of medical bills.
How Chapter 11 Can Help if You Are a Struggling Business in Arizona Many businesses have been hit hard by the recent economic downturn.
The owner of Sears Holding recently took to the internet to slam recent media reports that Sears will be declaring bankruptcy.
It seems Arizona bankruptcies decreased last year. Though improvements in the filing rate might have been seen, it’s unclear how much longer the trend will continue.
How Chapter 11 Can Help if You Are a Struggling Business in Arizona Many businesses have been hit hard by the recent economic downturn.