The Bankruptcy Code of the United States What is the Bankruptcy Code in the United States? Title 11 of the United States Code is often known as the US Bankruptcy Code. It specifies companies and individuals’ steps when filing for bankruptcy in the US Bankruptcy Court. The US Constitution grants the US Congress the power […]
Is it Possible to Buy a House After Bankruptcy? FHA loans can be an excellent option for bankruptcy victims because they can purchase a house with lower credit scores. What is the best time to buy a house after bankruptcy? Before you can obtain a loan, you must first wait for a judge to discharge […]
Bankruptcy at a Low Price Low-Cost Bankruptcy Attorney People who want to file bankruptcy are often low-income. Our fees are among the lowest in Los Angeles County, and we specialize in helping low-income individuals. We offer easy access to our services payment plans. We make it easy for clients with low incomes. Find answers to […]
Ford Motor Company: Why Bankruptcy is a Foregone Conclusion Ford’s credit rating will likely be lower soon, and the company could go bankrupt even before a recession. S&P and Fitch could downgrade Ford’s credit rating in a matter of minutes. This will result in Ford’s long-term debt being subject to a covenant, which could adversely impact […]
Weatherford’s CEO Resigns as The Firm Prepares to File For Chapter 22 Bankruptcy Protection Weatherford International’s CEO has resigned only days before the firm’s annual meeting amid a financial problem that may result in the business declaring bankruptcy for the second time in less than a year. According to the business, Mark McCollum left on […]
Can You Declare Bankruptcy if You Owe Money on your Student Loans? It is not impossible, but it is difficult to discharge your student debts via bankruptcy. When student loan payments become too much to bear, declaring bankruptcy to discharge your debts entirely may seem like the best choice. You would be free of that […]
The Ultimate Guide to Personal Bankruptcy In America There have been approximately 750,000 filings for personal bankruptcy in recent years. So, we walk you through the basics with no judgment. This is one of the paradoxes of the pandemic economic system: People aren’t filing bankruptcy as they used to due to government intervention to stop debt […]
Chesapeake Energy Declares Bankruptcy After trying for years to manage its debts, Chesapeake Energy finally declared bankruptcy on Tuesday. Although the company is now much smaller than its former self, it was once the country’s second largest producer of natural gas. It was a free-spending company that had assets in almost every major energy-production area […]
Charming Charlie Continues Brick-And-Mortar Comeback 18 Months After Bankruptcy Retailer of accessories and apparel for women- Charming Charlie make a comeback in 2021, 18 months after it filed for bankruptcy and closed all 261 stores. The chain, which is well-known for its scarves and handbags and jewelry, opened six new locations in 2020. It plans […]
Are the Boy Scouts Infringing on their Honor Code by Declaring Bankruptcy under Chapter 11? Boy Scouts of America is an organization that has built its reputation by maintaining a clear moral code. They have sought refuge in bankruptcy court, where promises can be broken. Critics of Tuesday’s Boy Scouts Chapter 11 bankruptcy filing claim […]