Category: bankruptcy
Filing for Bankruptcy can help you reinstate your driver’s license
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There are several instances in which filing for bankruptcy can help you regain your driver’s license. In the state of Florida, if you are driving…
What is Chapter 12 bankruptcy?
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Chapter 12 bankruptcy is a type of bankruptcy specifically fashioned to either family farmers or fishermen seeking to reorganize or consolidate their debts through bankruptcy…
Weinstein Company Bankruptcy – Harvey Weinstein Pleads “Not Guilty”
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*** FURTHER UPDATE *** In a further development related to the Weinstein Company’s Chapter 11 bankruptcy case, disgraced former CEO Harvey Weinstein today entered “not…
CHAPTER 11 BANKRUPTCY FILINGS – 770 AS OF MARCH, 2018 – HIGHEST IN 7 YEARS
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*** UPDATE *** (See prior article on this blog – “Chapters in Bankruptcy, a Short Primer…”) The number of Chapter 11 (“reorganization” bankruptcy) filings has…
Exceptions to Credit Counseling Course requirement in Bankruptcy
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One of the requirements for filing a petition with the Bankruptcy Court is to take a credit counseling course. Under Title 11 U.S.C. Section 521(b)…
Leveraged Buyouts… Bain Capital… And The “Art” Of Bankrupting Companies
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lev·er·aged buy·out ˌlev(ə)rijd ˈbīˌout/ – noun Plural noun: leveraged buyouts The purchase of a controlling share of a company by its management, using outside capital…
Chapter 7 Bankruptcy
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Chapter 7 of the Bankruptcy Code allows debtors to have their debts forgiven through liquidation. During this process, nonexempt assets are sold and the proceeds…
Gibson Brands, Inc. DBA Gibson Guitars Files For Chapter 11 Bankruptcy Protection
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*** UPDATE TO PREVIOUS ARTICLE *** Ending months of speculation concerning the future of the once iconic guitar manufacturing company, Gibson Brands, Inc., the parent…
Chapters In Bankruptcy: A Short Primer
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RE: CHAPTER 7, 11, & 13 BANKRUPTCIES This article is intended to provide background information on, and will discuss three chapters of the United States…
Rookie Bankruptcy Paralegal Anthony Rodriguez
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Episode 1: The Journey My name is Anthony Rodriguez. At age 33 I found myself barely making it in the San Fernando Valley located in…
Connecticut – a Legacy of Debt and the Possibility of Chapter 9 Bankruptcy
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The State of Connecticut ended the 2017 fiscal year on a note of financial doom. As of the end of December, 2017, the state had…
Chapter 9 Bankruptcy – Santa Cruz, CA & Calpers Pension Crises
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The City of Santa Cruz, CA is one of the latest municipalities to fall into what some have called a “…disturbing trend that will end…