We’re often surprised to read about the latest corporation entering “chapter 11 bankruptcy protection.” The company seemed strong – a corporate titan that was too big to fail. Indeed, chapter 11 is not necessarily a recipe for failure. Corporations often emerge stronger, leaner, and more profitable
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Qualified Answer
Maybe you wonder, like some of my clients did, whether you “qualify” to file for bankruptcy even if you have not missed a payment on your credit cards or other debts. Chances are you are contacting me because you have decided that you owe more debt than you can afford to pay. If that is the case,
Will Bankruptcy Fix the problem?
Many people ask me, “Do I qualify for bankruptcy?” Actually a better question is, “Will bankruptcy fix the financial problem I face?” Usually the person asking that problem can benefit from a bankruptcy fresh start. . . but not always. Nearly every month have to tell one or two potential clients
To File or Not to File
I recently gave a brief presentation on bankruptcy to the Deacons of a local church. As part of their benevolences they assist parishioners who have financial difficulty. They needed some guidance to identify situations where bankruptcy would be an appropriate solution. The talk also addressed the
What’s the Matter with Low Cost Bankruptcies?
If the so called “bankruptcy mills” were to the legal sector what their industrial forebears were to the productive industries, then veteran lawyers would have no basis for complaint. Mills and factories made production of consumer goods cheaper, faster, and more accessible, and provided jobs to
Bankruptcy Filers Beware: Con-Artists Posing As Attorneys
PLEASE BE AWARE OF THE FOLLOWING FRAUD ALERT FROM THE NATIONAL ASSOCIATION OF CONSUMER BANKRUPTCY ATTORNEYS: Telephone-Scam Soliciting Wire Transfers Prompts NACBA and Vermont Attorney General to Issue Consumer Warning Across the country, consumers are falling prey to a new scam targeting people who
