Blog

June 20, 2024

When debts pile up and revenue isn’t enough to cover expenses, filing for bankruptcy is a viable, and sometimes the only, solution. This guide will walk you through the steps of filing for business bankruptcy, helping you understand your options and know what to expect.

April 17, 2024

Bankruptcy can be a distressing legal process, particularly if you're an unsecured creditor—someone owed money without collateral attached to the debt. Whether you’re a debtor or a creditor in the context of a Chapter 11 bankruptcy case, it's good to understand how the process works and how unsecured creditors get paid.

April 15, 2024

Bankruptcy can be a financial lifeline for individuals or businesses that are deeply mired in debt with no apparent way out. However, for immigrants — or those who sponsor immigrant relatives — the decision to file for bankruptcy is packed with questions and concerns about its potential impact on their immigration status.

Feb. 2, 2024

Filing for bankruptcy can be an intimidating process, but also one of the best decisions you make. Going through it takes time, effort, and patience, and once you do it, a weight may be lifted off your shoulders.

Dec. 19, 2023

Understanding bankruptcy can feel like trying to decipher a foreign language. It's filled with terms that might seem complicated and even intimidating.

Nov. 15, 2023

If you have worked hard for decades to pay into your retirement accounts, including 401(k) and IRA, you might be worried about what could happen to these accounts if you file for bankruptcy.

Oct. 17, 2023

If your business is struggling with too much debt, you may be considering Chapter 11 bankruptcy as a way to repay your creditors while staying open. As a responsible business owner, you may be wondering, “Which creditor will get paid first?”

Aug. 25, 2023

Filing for bankruptcy can help individuals, families, and businesses going through financial difficulties to achieve debt relief and settle disputes with creditors. However, bankruptcy often involves several complex stages, and going through the process alone is never advisable. There are options for help -- such as hiring an experienced attorney -- for the best possible results.

July 19, 2023

When you file for bankruptcy, you must submit a variety of documents to disclose information regarding your income, debt, expenses, assets, and other financial and legal affairs. The information you provide can affect the outcome of your bankruptcy case, which is why you cannot afford to make mistakes when filing for bankruptcy.

June 6, 2023

In the United States, older homeowners who are facing financial adversity may be able to seek out debt relief by filing for bankruptcy or taking out a reverse mortgage.