What Are Bankruptcy Options for Small Businesses?
Bankruptcy Options for Small Businesses If you are a small business owner struggling to pay debt obligations you may be considering bankruptcy as an option. There are different bankruptcy filings to consider that are...
How is the Film Industry Avoiding Bankruptcy?
The film industry's annual ticket sales have declined almost every year since 2002 but gross annual revenue has doubled. If fewer people are going to the movies, how is the industry avoiding bankruptcy?
Bankruptcy: When Getting Out of Debt is a Goal for the New Year
Bankruptcy is known for helping people gain a fresh start. A new year's resolution many consumers make includes getting out of debt. Even if you don't believe in making resolutions you may see getting...
What You Should Know about Discharging Debt in Bankruptcy
Discharging Debt in Bankruptcy Whether you file Chapter 7 or Chapter 13 bankruptcy , the general goal is to regain control of your finances and get out of debt. Chapter 7 bankruptcy is known...
Does Alimony or Child Support Need to Be Reported as Income When Filing Bankruptcy?
When you file bankruptcy you are required to report monthly income, usually for the last 6 months leading up to the filing. This is used to help debtors complete the Means Test which determines...
Can I File Bankruptcy If I Am in Retirement?
Bankruptcy and Retirement Over the past few years more consumers over the age of 65 continue to struggle with outstanding debt. Studies have shown that more seniors are turning to bankruptcy to help deal...
Should I Stop Using My Credit for a Certain Time Period before Filing Bankruptcy?
Credit card use may be a concern for debtors experiencing job loss or those finding it a challenge to make ends meet. While juggling daily expenses many have a hard time meeting debt obligations....