bankruptcy
Think Beyond Bankruptcy For Debt Elimination
For many bankruptcy is a four-letter word. And it should be. This option should be the absolute last considered when it comes to debt elimination. Although it can wipe debt clean and give a person or a business a clean slate from with which to work, the impacts of bankruptcy are harsh and sometimes can [...]
Bankruptcy Backfire! Is Bankruptcy “Reform” Biting the Hand that Fed it?
As anyone who follows the world of bankruptcy knows, as of October 17, 2005, substantial and, from the point of view of consumers, painful changes were made to the Federal Bankruptcy Laws. At the behest, primarily, of the credit card providers and banks, who had been lobbying for years, new legislation was drafted and approved [...]
Landlords Rejoice! The Bankruptcy Code Loves You
“In the wake of the recent and very substantial changes to the nation’s bankruptcy laws, the most significant beneficiaries are likely to be commercial landlords.” So says Warren R. Graham, a bankruptcy lawyer with 25 years of experience, much of it representing both landlords and tenants in large Chapter 11 reorganizations. “Most of the public [...]