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.
Bankruptcy is a great way to discharge debt so that you can move forward with a clean financial slate. It’s proven to be an effective tool for both consumers and businesses, but it’s important to know what kind of bankruptcy you qualify for.
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.
After allegations of a sexual harassment, celebrity chef Mike Isabella has filed for bankruptcy. Top Chef’s Mike Isabella Files for Bankruptcy Despite the fact that his sexual harassment case was settled in May, “Top Chef” Mike Isabella has been forced to file for bankruptcy.
What is it about celebrity status and bankruptcy? For some reason, it seems that fortune and fame often come with bankruptcy.
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.
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.
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.
When you’re facing a large amount of debt, it can feel insurmountable. Should you file for bankruptcy? How does bankruptcy work?