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Bankruptcies – May 2022 – Tri-Cities Are

Bankruptcies are classified under the following chapter titles:Chapter 7 — Pure and simple bankruptcy: the debtor assigns non-exempt property and the debt is discharged.Chapter 11 — Enables businesses and individuals to restructure their debts to repay them.Chapter 12 — Enables family farmers to restructure their finances to avoid liquidation for foreclosure.Chapter 13 — The plan […]

Don’t Overhaul the US Bankruptcy System

Senator Dick Durbin of Illinois is spearheading an effort to remake the US bankruptcy system. He says his goal is to Ban “Texas Two-Step” — a way to reorganize an insolvent company that a handful of companies have used to manage costly litigation. According to Durbin, this strategy represents a flagrant abuse of bankruptcy law. […]

Insolvency and Bankruptcy Code 2016, Hig...

A divisional bench of the High Court of Karnataka in its recent judgement/dated 5 April 2022, dismissed a court application challenging the constitutional validity of Sections 95, 99 and 100 of the Insolvency and Bankruptcy Code, 2016 (“the code“) because she found no merit in the challenge. Background: A petition was filed in the Hon’ble […]

Tory MP facing bankruptcy ‘over unpaid t

Tory MP facing bankruptcy ‘over unpaid taxes’ has time to sell his ‘£3million’ home to repay money HMRC filed for bankruptcy against Adam Afriyie, the MP for Windsor since 2005 The Tory MP, 56, was given time by the court to raise the necessary funds The documents were filed in a dispute over Mr Afriyie’s […]

‘Go ahead’ | Coeur d’Alene Press

HAYDEN — Hayden Councilman Roger Saterfiel officially withdrew from the interim mayoral race on Friday. He also asks the Chairman of the Council, Matt Roetter, to resign. “It’s time for Hayden City Council to begin the healing process,” Saterfiel said. “Maybe new blood is what we need.” Too much time was spent focusing on board […]

The Cité restaurant atop the Lake Point

“We may be closing today and paying off the bank,” she said on April 26. “The space is not for sale. It was never for sale. This has all been misunderstood.” Reached by phone today, Gouletas said she was “still working” with Republic. “You know how lawyers work,” she said. “They have to cross their […]

Sandy Hook parents want Alex Jones bankr...

NEWTOWN – The parents of two slain Sandy Hook boys and a Norwalk native who won defamation lawsuits against Alex Jones in Texas have joined Newtown families who won a lawsuit in Connecticut to urge a federal judge to reject Jones’ bankruptcy filings. In court papers filed a day after attorneys for the Sandy Hook, […]

Alex Jones’ attorneys told bankruptcy ju

(Photo by Oli Scarff/Getty Images) Last Friday, bankruptcy attorney Kyung Shik Lee chastised Sandy Hook plaintiffs for complaining about being robbed of their day in court. “It resolves disputes that have been going on for years… (but) I hear nothing but complaints from those who want the money or those who are entitled to it,” […]

The Price of Holding Pension Assets: QPA...

The retirement industry has become big, really big. Retirement investments valued at more than $33 trillion, according to the Institute of Investment Companies, now account for the largest share of US corporate stocks. Defined benefit and defined contribution plans account for more than half. Major international asset managers such as Barclays, Citigroupand JPMorgan Chase have […]

Boy Scouts bankruptcy judge approves sal...

FILE – This Wednesday, May 21, 2014, file photo shows merit badges and a rainbow-colored neckerchief on a Boy Scout uniform outside Amazon headquarters in Seattle. A Delaware judge faces a host of controversial and complex questions as she debates whether to approve the Boy Scouts of America’s bankruptcy reorganization plan. The BSA filed for […]

Alex Jones Sandy Hook trial delayed in T...

The delay came after three Jones-linked companies, including fringe media organization Infowars, filed for bankruptcy protection earlier in the week – a move that may temporarily suspend civil lawsuits against the companies. Jones, who is also being sued by the families of victims in Sandy Hook, Connecticut, was found legally responsible in October for false […]

Prestige America was sued over Ralph Lau...

Prestige America was sued over Ralph Lauren brands, but falsely declared bankruptcy By Matthew Russell Lee, Patreon Maxwell’s BookBBC–gbritish tutor – Honduras – ESPN NY Magazine SDNY COURTHOUSE, April 16 – Ralph Lauren sued Prestige America LLC for infringing its trademarks under the Lanham Act. On April 15, U.S. District Court for the Southern District […]

4 of the Best Places to Cast Your Reel i...

During the pandemic, I picked up a few hobbies, Twitch streaming, online shopping, and fishing. Now I still only do a few, but fishing is by far one of my favorites. I have friends who used to go fishing in the Yakima Valley when I still lived on the west side. Now that I’m in […]

Natural gas supplier Volunteer Energy fi...

Submitted by: Jan Larson McLaughlin April 11, 2022 The natural gas supplier, Volunteer Energy Services Inc. (VESI), was the natural gas aggregation supplier for local Columbia Gas customers. Customers served by Columbia Gas and enrolled in Bowling Green’s natural gas aggregation program were recently notified that VESI filed for Chapter 11 bankruptcy on March 25. […]

Two more Snyder County companies file fo...

[email protected] Stanley Woodworking and William Penn Cabinetry, two Snyder County companies owned by Maurice and Deb Brubaker, have filed for Chapter 7 bankruptcy. It is the third company owned by the Brubakers, who work as tax professionals in Lewisburg, to file for bankruptcy this year. In January, Wood-Metal, of Selinsgrove, filed for Chapter 11 bankruptcy […]

After bankruptcy, Frontier executive col...

On the heels of a bankruptcy that wiped out billions of dollars owed to creditors, a new regulatory filing reveals Frontier Communications estimates it paid its new executive chairman $48.5 million in 2021 — the highest total disclosed this year by a publicly traded company based in Connecticut. Frontier operates the historic southern New England […]

How often can you file for bankruptcy? ...

Editorial Note: We earn a commission on partner links on Forbes Advisor. Commissions do not affect the opinions or ratings of our editors. Just as there are different types of bankruptcy, there are different rules as to how often you can declare bankruptcy. The waiting period for filing another bankruptcy case generally ranges from two […]

Choctaw County man jailed and ordered to...

MOBILE, Ala. (WALA) – A federal judge on Wednesday sentenced a Choctaw County man to more than five years in prison for taking advantage of an oversight to defraud the government out of nearly $1.5 million. Brandon Leross Bailey pleaded guilty in June to theft of government property and bankruptcy fraud. He admitted to falsely […]

Dutchess County looking to buy Boy Scout...

A Boy Scouts of America camp that was put on the market to meet a multimillion-dollar financial obligation to a national victims’ compensation fund may soon be purchased by Dutchess County. Dutchess County Executive Marc Molinaro announced Friday that he has sent a resolution to the county legislature to purchase Camp Nooteeming, a 272-acre camp […]

Joe Biden still battles student loan deb...

Senate Democrats are calling on the Joe Biden administration to back down from its attempts to overturn court rulings that help student debtors. The new demands were prompted by our original series showing the administration betrayed Biden campaign promise enable borrowers to pay off their student debt through bankruptcy. Instead, the administration fought debtors in […]

What we read this week [March 25, 2022] ...

United States: What we read this week [March 25, 2022] March 30, 2022 Mayer Brown To print this article, all you need to do is be registered or log in to Mondaq.com. By Law360a Delaware bankruptcy judge ruled that Art Van Furniture did not violate the Worker Adjustment and Retraining […]

Amid The Kashmir Files row, Bagga hurls ...

Row over Delhi Chief Minister Arvind Kejriwal’s statements on making The Kashmir Files film tax-free in the capital escalated on Sunday, Delhi BJP spokesman Tajinder Pal Singh Bagga , making derogatory comments against the CM on Twitter. Delhi BJP leader Adesh Gupta at a protest near the Delhi Assembly on Sunday also quoted Bagga’s tweet […]

Senator Tammy Baldwin urges Kohl’s to re

A view outside a Kohl’s store in Miramar, Florida. Johnny Louis | Getty Images A US senator from Wisconsin is urging Kohl’s not to accept any takeover offers that could precede a bankruptcy filing or threaten the jobs of workers in the retailer’s home state. Sen. Tammy Baldwin, a Democrat, sent a letter to Kohl’s […]

Fifth Circuit Reaffirms Jurisdiction of ...

Similarly, the development of renewable power generation facilities is typically funded based on the existence of long-term power purchase agreements (PPAs) with a power utility or end user. PPAs allow the developer to recoup the cost of construction over time based on a fixed electricity price schedule. Without the expectation of long-term revenue streams, many […]

Former Live Well Financial CFO settles d...

Eric Rohr, who served as Live Well Financial’s chief financial officer from 2008 to 2018, reached an agreement with bankruptcy trustee David Carickhoff last week. (BizSense File) A former executive at collapsed Chesterfield-based lender Live Well Financial has reached an agreement to end a dispute over the company’s bankrupt assets. Eric Rohr, who served as […]

I went bankrupt. How can I increase my ...

Q. I went bankrupt in my twenties. I’m 40 now but my credit isn’t that hot. I only have one credit card and am paying it off, but I barely use it. I mostly use my debit card because I don’t want to spend money I don’t have. I have a car loan and I […]

I have a credit card debt of $25,000. S...

Q. I have $25,000 in credit card debt – lost my job with COVID and struggled for a while – $200,000 mortgage and $80,000 in student loans. I am able to make the minimum payment on credit cards but I never advance and the interest is killing me. When and how can I decide if […]

Lawsuit claims DR Horton homes cannot wi...

Alicia and West Dixon bought their first newly built home from DR Horton in 2014 because it was in the school district they wanted and they liked the layout of the home. Now, eight years later, they feel trapped in their Youngsville, Louisiana home, which they say has toxic mold due to faulty construction that […]

New Owners of Owego Ice Cream Shop Annou...

A popular Tioga County ice cream shop will soon open for the season under new ownership. Ice cream works! had become a must in the village of Owego since the beginning of its activities almost ten years ago. Sean and April Villanti acquired the store at the end of February. They bought the business from […]

Sequential Marks: Bankruptcy or Receiver...

UNITED STATESSAFETY AND EXCHANGES COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to section 13 or 15(d) of the Stock Exchange Act of 1934 Report date (date of first reported event): March 9, 2022 (March 3, 2022) SEQUENTIAL BRAND GROUP, INC. (Exact name of the declarant as specified in its charter) Delaware 001-37656 47-4452789 […]

April 1 is the deadline to apply for fre...

Shawnee County’s VITA program, which offers free help with filing tax returns, is seeing more people come to its sites in person than its volunteers can accommodate. Local Program Director Susan Fangman of Shawnee County’s K State Office of Research and Extension is asking people to send or drop off their tax information instead. VITA […]

Sacklers and Purdue reach agreement as o...

After hundreds of hours of negotiations brokered by Federal Bankruptcy Court Judge Shelley Chapman, the Sacklers also agreed to a series of other new terms. In addition to Sackler’s statement, which Mr. Tong called an “apology”, Judge Chapman recommends a hearing that would allow people who suffered from OxyContin addiction to describe what they went […]

Bankruptcy judge’s reprimand must not de

EDINBURGH, Texas — Ruben Ramirez, a lawyer by profession, says a federal judge’s rebuke of him shouldn’t be enough to stop voters from supporting him in the 15 Congressional District race. Ramirez is running for the CD 15 open seat in the Democratic Party primary. Last year, representing Pharr resident Lorena Singh, Ramirez persuaded a […]

North Richland Hills Alamo Drafthouse pe...

The Alamo Drafthouse site in North Richland Hills, closed since 2020, will not reopen, its owners announced Friday. The announcement came as the site filed for bankruptcy along with two other Alamo Drafthouses in North Texas, the Richardson and Lake Highlands sites. The Richardson and Lake Highlands theaters will remain open while the entities operating […]

Assembly passes bill protecting gunmaker...

MADISON, Wis. (AP) – The Wisconsin Assembly on Wednesday passed a Republican-drafted bill that would limit the legal liability of gun and ammunition manufacturers, a move that could protect them from big payouts as a result of a mass shooting. Under the bill, no one could sue firearms or ammunition manufacturers for damages related to […]

Former CCS chief of oncology deemed ‘dan

The Department of Health and Yi called their own experts to discuss whether Yi was following or violating accepted standards of care for cancer patients. In the case of the 43-year-old woman, identified as Patient A, the board concluded that Yi had mistreated her with a high dose of radiation intended to cure her cancer […]

What we read this week [February 17, 202...

United States: What we read this week [February 17, 2022] February 18, 2022 Mayer Brown To print this article, all you need to do is be registered or log in to Mondaq.com. As reported by Bloomberg, hearings began Monday to decide whether to dismiss Johnson & Johnson’s District of New Jersey bankruptcy […]

Hispano Suiza Engineering, associated wi...

Do you remember the story of the two Hispano Suiza companies? Well, one of them is in trouble. Austrian outlet ORF reported that Hispano Suiza Engineering based in Villach, Austria, filed for bankruptcy, unable to cover its debts. The latter is not associated with Hispano Suiza, the maker of the Carmen electric supercar, but with […]

EMEA Morning Briefing: Stocks will open ...

Prices for shipping goods from Canada to the United States in the spot market for standard heavy-duty trucks jumped 44% to $4.07 per mile from Jan. 2 to Feb. 5, according to Truckstop.com Inc., a platform matching loads to trucks. The price of refrigerated trucks rose by a third during that period to $4.87, the […]

Hertz will release records of rental car...

In recent years, some people who rented cars from Hertz have found themselves arrested when the company tells police they stole the cars despite claiming to be legitimate renters and returned the vehicles on time. . It now appears that those instances were primarily errors created by Hertz’s computer system when it was unable to […]

Judge delays start of hearing on Boy Sco...

DOVER, Del. (AP) — The judge presiding over the Boy Scouts of America bankruptcy has delayed the start of a trial to determine whether the BSA reorganization plan should be upheld after a settlement with the official committee representing more than 80,000 men who say that they were molested as children by scout leaders and […]

VeroBlue Bankruptcy Persists, Investors ...

-Photo of Messenger File VeroBlue Farms USA, once the promising start-up that brought aquaculture to Webster City and Hamilton County, filed for Chapter 11 bankruptcy in late 2018, revealing more than $100 million in debt, including the most were unsecured. WEBSTER CITY — Long after the aquariums were drained and the resulting disappointment settled in […]

Healthe bankruptcy names at least one 22...

Healthe, Inc., the company that went bankrupt after changing course from circadian lighting to disinfection lighting, has identified in its bankruptcy filings at least one other supplier of ultraviolet (UV) LED products to which she owes a disputed sum of money, in addition to Crystal IS. In an assets and liabilities document filed with the […]

“In the street”: a man loses his house b

Things The Invercargill High Court has upheld the official assignee’s decision to sell a bankrupt man’s house to pay creditors. An Invercargill man fears he will be left homeless after losing the house he bought while unknowingly bankrupt. Darryl Robert Hewitson bought the house in the Heidelberg suburb of Invercargill in 2014 after receiving a […]

A judge awarded a 35-year-old man who ha...

The context of the cancellation of student loans Two weeks ago, news broke that a thirty-five-year-old man named Ryan Wolfson had achieved the almost impossible realization of being relieved of the burden of student debt worth one lakh. dollars, which was considered bankruptcy. While the Biden administration is not in favor of this relief being […]

PWM’s real estate creditor asks the cour

By Vince Sullivan (February 1, 2022, 9:03 PM EST) – A secured creditor of office tower owner PWM Property Management LLC on Monday evening petitioned a Delaware bankruptcy judge to require the debtor to file its chapter plan 11 within 30 days or begin making monthly interest payments until a plan is consummated. In its […]

Apollo Seeks Las Vegas Return Approval A...

While strolling through Central Park on a brisk fall morning in 2020, Apollo’s global managing partner, David Sambur, received a call from a financial representative charged by Las Vegas Sands Corp. to sell the company’s properties on the Strip. Sambur, who oversees Apollo’s private equity strategy and has played a major role in several gaming […]

Erika Jayne cleared of all charges in To...

Erika Jayne has been officially cleared of all charges in her ex-husband Tom Girardi’s $2million lawsuit The Real Housewives of Beverly Hills Star Erika Jayne has been officially dismissed from the lawsuit against her ex-husband, Tom Girardi. The reality star was previously named in a fraud and embezzlement lawsuit filed in December 2020. Since then, […]

bankruptcy proceedings and the recent ca...

Dondero vs. Alvarez & Marsal CRF Management, LLC et al, Adv. proc. 21-03051 (Bankr. ND – Texas, January 4, 2022) Judge Stacey GC Jernigan introduction Civil procedure matters aren’t the sexiest topics, and probably for that reason, I rarely see blog posts focused on purely procedural matters. The Northern District of Texas Bankruptcy Court was […]

Opinion: The ‘big quit’ might not be suc

Women, especially women of color, have been significantly impacted economically by the COVID-19 pandemic. From higher grocery prices, to inadequate availability of childcare and health care, to below-average access to sick and family leave – communities of color in the United States get hit in the sack. The data shows that various teams are winning. […]

Paul ‘PK’ Kemsley on Channel 4 Property

Sell ​​Super Prime, a A new property show coming to Channel 4 later this year will showcase the UK’s most exclusive properties as estate agents compete for a sale down the line. London-born property tycoon Paul Kemsley, nicknamed PK, and his wife, The Real Housewives of Beverly Hills Dorit Kemsley, swap Beverly Hills for London […]

Insurers pushed to settle Archdiocese ab...

Copyright © 2022 Albuquerque Journal As the Archdiocese of Santa Fe’s bankruptcy reorganization enters its fourth year without resolution, pressure mounts for church insurance companies to pay a larger share of the payout to nearly 400 survivors of child sexual abuse. The archdiocese and plaintiffs alleging abuse by priests and other clergy reached a tentative […]

Bankruptcy Alert – When PPP Wasn’t Enoug

Travel back in time to the spring of 2020: people search for toilet paper and spray their groceries with Lysol. Additionally, lenders are tackling new loan programs created under the CARES Act. Lenders quickly learn how to process applications for Paycheck Protection Program (PPP) and Economic Disaster Loan (EIDL) loans and navigate an ever-changing landscape […]

These stores in the Saint-Louis area wil...

ST. LOUIS – World News in Clayton is expected to be closed by the end of January. The retailer filed for Chapter 11 bankruptcy in July 2020, citing the pandemic and declining sales. World News, which opened in 1967, isn’t the only company to close in St. Louis later this month. Brooks Brothers is also […]

Dr Peter McCullough in Billings Tuesday ...

In case you missed our previous coverage, Dr. Peter McCullough will be headlining an event for the Big Sky Liberty Alliance on Tuesday night in Billings. Tickets are still available last time I checked. Email bigskylibertyalliance(at)gmail.com if you would like to attend the event. Initial coverage from December 29, 2021: He recently wrapped up a […]

The Bills played the first perfect game ...

It was the most fun Buffalo Bills fans had ever had — certainly for Bills fans my age in their 20s or 30s, who missed the Super Bowl teams of the early ’90s. The Bills completely destroyed the New England Patriots at Highmark Stadium, by a score of 47-17. The score wasn’t even that close. […]

The exoneration decision shows the dange...

Law360 – January 13, 2022 It is common for accountants to seek to limit their liability to a client for malpractice. Typically, in the mandate contract, the liability is limited to the amount of the fees paid by the client to the accounting firm. It is also increasingly common for malpractice claims, as well as […]

De Brazos bankruptcy judge cuts ERCOT de...

Electrical Reliability Council of Texas (ERCOT) Command Center in Taylor, Texas REUTERS/Julia Robinson Join now for FREE unlimited access to Reuters.com Register Trial over massive energy bill scheduled for February A cooperative seeks to reduce its bill by going bankrupt The names of companies and law firms listed above are auto-generated based on the text […]

Home COVID test kits distributed quickly...

Home COVID test kits distributed quickly to Roanoke area libraries News / 2 hours ago Video Health experts warn of flu-COVID combo known as ‘Flurona’ News / 2 hours ago Video Fire crews offer advice after several weekend fires in our region News / 5 hours ago Video 2 The famous restaurant Anthony’s files for […]

N.Y. District Court Rules that Chapter 1...

U.S. courts have a long-standing tradition of recognizing or enforcing the laws and court rulings of other nations as an exercise of international “comity.” It has been generally understood that recognition of a foreign bankruptcy proceeding under chapter 15 is a prerequisite to a U.S. court enforcing, under the doctrine of comity, an order or […]

Warren and Cornyn introduce bill to bloc...

US Senator Elizabeth Warren (D-MA) speaks at a press conference outside the United States Capitol in Washington, United States, September 21, 2021. REUTERS / Elizabeth Frantz Bill calls on corporations and the wealthy to file for bankruptcy in their home state Warren aims to prevent favorable judges from ‘picking things’ Cornyn says bill will close […]

CONSUMER ALERT: Attorney General James s...

Affected consumers are expected to file a priority claim by Monday, September 27, 2021 NEW YORK – New York Attorney General Letitia James issued an alert today, urging ShrubBucket’s New York clients to immediately file a claim in the company’s ongoing bankruptcy proceedings they owe money for undelivered services or products. ShrubBucket – an Ithaca, […]

Bankruptcy of the Boy Scouts creates a r...

This file photo from Feb. 4, 2013 shows a close-up of a Boy Scout uniform in Irving, Texas. Amid the complex Boy Scouts of America bankruptcy case filed in February 2020, friction between the BSA and major religious groups that help it manage thousands of Scout units is escalating. At issue: churches’ fears that a […]

What you need to know about filing for b...

[ad_1[ad_1 The bankruptcy process can be a tangled and daunting process. The bankruptcy process is legal which allows those who are in financial trouble to settle or eliminate the majority of their debts off their financial statements without the obligation of paying back. If you reside in Texas and you’ve struggled with the burden of debt […]

After WNC Birth Center Closes, Some Pati...

ASHEVILLE – The closure of an alternative birth center has left some patients seeking reimbursement as the center begins a process of compulsory liquidation. Due to the nonprofit WNC Birth Center’s revenue model, patients prepaid an estimated amount. Once any insurance was collected, they were either reimbursed for any overpayments after birth or required to […]

Follow the Yellow Brick Road: The Single...

Recently, there has been a difference of opinion on whether a foreign liquidator should initiate Chapter 15 proceedings before seeking courtesy in the United States (the “United States”). In Moyal vs. Münsterland Gruppe GMbH & Co. KG1, a plaintiff brought an action in New York State court, which was ultimately returned to the Southern District […]

Judge moves forward with key Boy Scouts ...

DOVER, Del. – A Delaware judge on Tuesday refused to delay a key hearing that could determine whether the Boy Scouts of America can come out of bankruptcy later this year with a reorganization plan that would compensate thousands of men who say they have been sexually abused in their homes. childhood. The Boy Scouts, […]

Purdue Pharma bankruptcy insider speaks ...

One day last spring, Ryan Hampton had a secret meeting with David Sackler, whose family company, Purdue Pharma, was accused of helping precipitate the opioid crisis. Hampton was the co-chair of the Official Unsecured Creditors Committee (UCC), a powerful group that represented thousands of people and entities with claims against Purdue in what was then […]

Homeowners File for Bankruptcy to Protec...

Support local journalism Your membership makes our reporting possible. {{featured_button_text}} Operators were hoping for a resurgence once the pandemic subsides and restrictions lifted. The building’s website says the Sky Events Center and the Tea Room have reopened. In the meantime, the Nelson’s have received court clearance to sell three of their vintage cars – a […]

Committee wants to file its own plan in ...

DOVER, Del. (AP) – A committee tasked with representing tens of thousands of alleged victims of child sexual abuse in the Boy Scouts of America bankruptcy on Wednesday called on the judge to end BSA’s exclusive rights to file a plan to reorganization, so that he can file his own. The committee’s filing in court […]

Shotgun Willie’s ends bankruptcy case be

The latest thing to come out at Shotgun Willie? Bankruptcy protection. The Glendale Strip Club pulled out of the Chapter 11 process over the summer, eight months after filing. Shotgun Willie’s did not come out of bankruptcy in the traditional sense, with a reorganization plan in place. On the contrary, the club at 490 S. […]

Bishop’s Lodge owner files Chapter 11 fo

A group of partners belonging to Bishop’s Lodge have filed for Chapter 11 bankruptcy protection with the US bankruptcy court in Delaware. The decision of the majority owners of the property came against the wishes of its managing member, Richard Holland. “We didn’t need to file bankruptcy,” Holland said in an interview on Wednesday. Holland […]

What is an automatic stay? | Debt

If you are searching for the term automatic stay, you are probably thinking about filing for bankruptcy. But on a positive note, an automatic stay offers bankrupt people great relief from debt problems, just when they need it most. We will explain. What is an automatic stay? An automatic stay is a federal injunction that […]

What Can Creditors Take In Bankruptcy?

Bankruptcy is often used as a last resort because it comes with risks and drawbacks. To help minimize risk, laws are in place to protect you while providing creditors with a portion of the debt repayment. When you file for bankruptcy, you don’t have to give up everything you own. Bankruptcy is a process designed […]

Chapter 7 vs Chapter 13 Bankruptcy | De...

Bankruptcy is a legal process, often seen as a last resort for individuals or businesses, that reduces or eliminates the obligation to repay certain debts and offers a fresh start. But this can be confusing because different chapters of the file bankruptcy code can be applied, depending on whether the debtor is an individual or […]

4 New York dioceses file for bankruptcy ...

Four of New York’s eight Catholic dioceses have file bankruptcy in part because of a flood of sexual abuse lawsuits authorized by the state’s Child Victims Act. The law has allowed victims of childhood sexual abuse to come forward over the past two years to bring legal action against those they hold responsible for the […]