Things You Should Know About Filing BankruptcyThe article offers information about filing bankruptcy in the U.S.Mitchell, AndrellosWashington Informer
Bankruptcy is a legal process that can help people like you who can't pay their bills. It allows you to wipe out your debt and get a fresh start. Filing for bankruptcy will also put a halt to foreclosure or legal actions against you, and it stops creditors from calling and demanding...
Filing for bankruptcy is a major decision that can have significant consequences on your financial and personal life. While it may seem like the only option when facing overwhelming debt, there are important things you should know before making this choice. Here are five key points to consider: ...
Cause for termination generally includes failing to pay a franchise fee, filing bankruptcy or failing to make needed repairs to premises. The franchise agreement will also specify the conditions, if any, under which you can “cure” a default. For example, you may be entitled to written notice...
him into a long drought between records that he said contributed to his filing bankruptcy in 1992, along with tax problems. The country legend was able to settle his debts and then some when he sold the rights to 600 of his songs to Sony-Tree Publishing in 1993 for more than $3 ...
Finally, bankruptcy law is a legal specialization that deals with the filing and discharge of debts by individuals and businesses. These attorneys can help clients understand their options, file the necessary paperwork, and represent them in court proceedings. Choosing the right area of law to speci...
Founded in 1971, bookstore chain Borders was forced to file bankruptcy and close all remaining stores by the end of 2011. The company, like many, did not pivot to online sales as fast as its competitors; between 2001 and 2008, it had even linked to Amazon instead of establishing its own...
Since a bankruptcy filing can make it harder and more expensive to get new loans, it is important to check these items and ensure that they are accurate. Remember that any bankruptcy filing should be removed from your report after seven to 10 years.2 ...
Stock futures fall following Wall Street's historic rally; IBM ends its facial recognition business; Chesapeake Energy reportedly prepares a bankruptcy filing.
The Lehman Bankruptcy… On September 15, 2008 Lehman Brothers, a massive international investment bank,declared bankruptcy. The United States government had stepped in and prevented the demise of several other big and equally reckless firms – Bear Stearns and AIG among them – but Lehman wasleft ...