Latest on the Bankruptcy Blog

Filing Chapter 11 can be an essential decision for a company to avoid bankruptcy and remain in operation. It may come as a surprise, but chapter 11 is often a company’s best alternative when it comes to keeping its doors open. Chapter 11 bankruptcies are also known as reorganization bankruptcies. While they can be a  … Read more

Dealing with debt is a challenging experience, and it can feel overwhelming when you try to handle it on your own. Bankruptcy is one of the options available to help you get back on track when you find yourself in a situation where you can no longer make payments on your debt. It can offer  … Read more

There are few things more daunting than the idea of retirement with a mountain of debt looming over us. It’s hard to imagine living a comfortable retirement when we’re weighed down by monthly payments, credit card bills, and loan repayments. Unfortunately, this is the reality for many seniors who find themselves struggling financially in their  … Read more

Summer vacation is the perfect time to unwind and go on a much-needed break. But, with the cost of travel, accommodation, and activities getting more expensive each year, planning for a summer vacation can be daunting. However, with some smart money management and planning, a summer vacation doesn’t have to break the bank. Whether you’re  … Read more

Tax season can be stressful, but the silver lining of this time of year is getting a tax return. Receiving a lump sum of money can be exciting, but it can also be difficult to know where to put it. Should you splurge on a vacation? Invest it in the stock market? The options can  … Read more

The Child Tax Credit is a program that aims to lessen the financial burden on families while providing support for children. This credit is beneficial to many families who are struggling to make ends meet as it can help offset the costs of raising children. The credit allows parents to receive up to $3,600 per  … Read more

If you are struggling with tax debt, you may be considering bankruptcy as a way to find relief from your financial obligations. Fortunately, filing for bankruptcy can indeed help you discharge some or all of your tax debt. But before you do, it’s important that you understand the basics of how this process works and  … Read more

Many people experience debt at some point in their lives, whether it’s as a result of an unexpected loss of income or bad money management. Fortunately, there are methods for getting out of debt and regaining financial control. We’ll review some easy tips to help you pay off debt and live debt-free. Start By Making A  … Read more

It’s a new year and time for fresh starts and new beginnings. If you’re carrying debt, now is the perfect time to start chipping away at it! Carrying debt can be stressful, so it can be rewarding to get it paid off in a timely manner. Here are some tips for paying off your debt  … Read more

The holidays are a time for giving, but for many people, they’re also a time for spending. The excitement of the holidays can also lead to overspending; and, often, going into debt. According to a recent survey, the average American plans to spend $1,000 on holiday gifts this year. If you’re worried about racking up  … Read more