Jan 17, 2022 | Bankruptcy, Chapter 13 Bankruptcy, Chapter 7 Bankruptcy, Declaring Bankruptcy, FAQ
There are a number of signs that you should be reviewing your financial situation and considering bankruptcy. They include the following: Your wages or bank accounts are being garnished. Your hard-earned labor is being taken away from you by force. (If this is...
Mar 31, 2021 | Bankruptcy
The COVID-19 Bankruptcy Relief Extension Act of 2021 was signed this week. This law extends the $7,500,000 debt cap for businesses under the Small Business Reorganization Act of 2019 (SBRA). The extension will last for one additional year, to March 27, 2022. The Act...
Feb 12, 2021 | Business Debt
Clients often ask me this question. They were instructed to operate their business as either a corporation or a limited liability company (LLC), and were led to believe that they would not have liability for the debts which the entity might incur. Photo by Matthias...
Dec 11, 2020 | Uncategorized
We were opposed to government bailouts during the great recession. Bankruptcy works, and we believe the system would have taken care of itself. Our beliefs are bolstered by recent bankruptcy news, in which three well-known debtors have emerged from bankruptcy to...
