Can Bankruptcy Stop Foreclosure? Receiving a foreclosure notice from the bank and worrying about losing your home can be stressful and confusing, and many people faced with foreclosure have no idea what to do and where to turn for reliable help.
Every bankruptcy requires a bankruptcy trustee. But what exactly does a bankruptcy trustee do? What is a Bankruptcy Trustee? In every bankruptcy filing, an impartial “bankruptcy trustee” is assigned to the case.
Extreme debt can feel overwhelming but can be made even more stressful when people are seeking to collect money from you.
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.
Toy retailer Toys R Us will be converting its Chapter 11 case into a Chapter 7 case after it has been unable to secure funding to allow it to restructure.
Wedding dress retailer Alfred Angelo Bridal set off a shock-waves through would-be “Bridezillas” when it made its announcement to file for Chapter 7 bankruptcy liquidation last Friday.
Have you accumulated tax debt and are looking for a way to discharge it? Read on to learn about tax debt and what your options are when it comes to bankruptcy.
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.