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The Bankruptcy Decision

Most people never say “I want to be bankrupt when I grow up.” But as more and more people are turning towards bankruptcy, it goes without saying that you should at least have a small insig...
Bankruptcy Instead of Retirement

Bankruptcy Instead of Retirement

An increasing number of older adults of retirement age are heading towards bankruptcy and the only way out appears to be policy change. Bankruptcy Instead of Retirement More retirement age seniors ar...
Chapter 13 and Keeping Your Property

Chapter 13 and Keeping Your Property

When filing a Chapter 13 bankruptcy, a debtor will not lose any property (including your home) to the bankruptcy trustee. The filing also does not affect a debtor’s mortgage. So while a debtor...

Gibson Brands files for Chapter 11

Gibson Brands, the company that makes Gibson guitars, has filed for Chapter 11 bankruptcy protection following what it called a”devastating” financial fall. Gibson Brands files for Chapte...

Rebuilding After Bankruptcy

When you’re facing a large amount of debt, it can feel insurmountable. Should you file for bankruptcy? How does bankruptcy work? Is rebuilding even possible? Rebuilding After Bankruptcy This we...
Tax Liens and Bankruptcy

Tax Liens and Bankruptcy

A “tax lien” is often imposed on a property as a means of securing the payment of back-owed taxes and the IRS will issue this tax lien to ensure that it gets paid no matter what. And if th...
How Often Can You File For Bankruptcy?

How Often Can You File For Bankruptcy?

While there are actually no restrictions when it comes to how many bankruptcy cases you are able to file if your debts have been discharged in bankruptcy, you will need to wait a certain amount of t...
Businesses at Risk for Chapter 11 in 2018

Businesses at Risk for Chapter 11 in 2018

As 2017 came to a close, the number of companies at potential risk of defaulting on their debts or seeking bankruptcy court protection continued to grow. The past few years have not been kind to bric...
Considering Bankruptcy?

Considering Bankruptcy?

When you’re facing a large amount of debt, it can feel insurmountable. Should you file for bankruptcy? How does bankruptcy work? As always, it’s advised that you work with a phoenix chap...
What is a Pre-Packaged Bankruptcy?

What is a Pre-Packaged Bankruptcy?

One of the quickest bankruptcy options available for businesses is a pre-packaged bankruptcy. While “pre-packaged” might sound like a great option for you, you’ll want to work with ...
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