Bankruptcy is a legal procedure that is carried out by individuals or businesses that cannot pay their debts and want to get their debts discharged or reorganized by the bankruptcy court. A bankruptcy filing can be initiated by an individual or a business or even a...
Filing for bankruptcy is a great way to get back on your feet if you are deep in debt. When you have to choose between paying your debt off or taking care of your family, a Chapter 7 bankruptcy is a great choice for you. If you take the help of a bankruptcy attorney...
Although you do not need a fixed amount of debt on you to file for bankruptcy, these factors will help you decide if you need to file for bankruptcy or not. Some chapter of bankruptcy have limits to the debts but no such thing as minimum debt. The best thing to ask in...
If you have filed for bankruptcy before and have received a discharge, then as per the bankruptcy code there is a time limit on when you can file again. In case of the previous bankruptcy filing gets rejected, you can file for discharge without any time limits. You...
Even if your business is thriving and gaining profits day after day, poor management and business choices can quickly topple it all down to insolvency. If companies or individuals have a failing business, they can risk losing their personal assets and other property...
Many small businesses find it challenging to survive in times of crisis. The COVID-19 situation in California has forced many organizations to shut down. To get out of debt, San Diego businesses and individuals look for solutions in such times of economic recession....
