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Personal Bankruptcy: What Debts Can Be Discharged?

Personal Bankruptcy: What Debts Can Be Discharged?

Filing personal bankruptcy may seem frightening, but in many cases it is the best thing you could possibly do for your financial future. It can get you back on your feet and moving towards financial freedom. If you are facing overwhelming debt and considering bankruptcy as a...
Corporate Bankruptcy Attorney: Los Angeles Based American Apparel Files for Bankruptcy

Corporate Bankruptcy Attorney: Los Angeles Based American Apparel Files for Bankruptcy

Los Angeles Based American Apparel Files for Bankruptcy: October On October 5, 2015, American Apparel filed for Chapter 11 bankruptcy in Delaware, capping a 25 year run from wholesaler to controversial retailer of young American fashion. Whether American Apparel emerges from...
Debt Settlement Los Angeles: The Difference Between Debt Settlement and Bankruptcy

Debt Settlement Los Angeles: The Difference Between Debt Settlement and Bankruptcy

As a business owner, it is extremely discouraging to be on the brink of financial ruin. After all of the hard work, time, money and resources you have invested in your business, this can’t be the end, can it? Fortunately, it doesn’t have to be. Countless L.A. business owners have...
Pasadena Bankruptcy Law: Deadlines to be Aware of When Filing for Chapter 7 Bankruptcy

Pasadena Bankruptcy Law: Deadlines to be Aware of When Filing for Chapter 7 Bankruptcy

Chapter 7 bankruptcy is a debt liquidation process where individuals, corporations or other business entities who have overwhelming debt seek relief from creditor claims while retaining assets or property that are exempt from seizure. You do have to qualify for Chapter 7 relief...
Los Angeles Bankruptcy: Why 50 Cent Chose to File for Chapter 11 Bankruptcy

Los Angeles Bankruptcy: Why 50 Cent Chose to File for Chapter 11 Bankruptcy

Recently, Curtis James Jackson III, better known as the music , 50 Cent, filed for Chapter 11 bankruptcy protection. The move came after the entertainer was dinged for a $7 million dollar civil verdict in an invasion of privacy lawsuit brought by Lastonia Lewiston. Ms. Lewiston’s...
Debt Settlement Los Angeles: When You Should Contact an Attorney

Debt Settlement Los Angeles: When You Should Contact an Attorney

Debt settlement in Los Angeles Debt settlement in Los Angeles is as varied as the city itself. With that in mind, the stress of the financial situation can make many individuals and families too quickly choose an option that is ultimately wrong for them. Dealing with debt is...
Determining the Right Type of Debt Relief for Your Los Angeles Business

Determining the Right Type of Bankruptcy Relief for Your Los Angeles Business

It takes money to make money is a popular phrase in the business world, but when the second half of that saying is not coming true when it needs to happen, it might be time to think about debt relief options. Bankruptcy might be the answer you are looking for. The Truth About Los...
Rebuilding Your Credit After Chapter 7 and Chapter 13 Bankruptcy

Rebuilding Your Credit After Chapter 7 and Chapter 13 Bankruptcy

The stock market crash of 2008 affected over 50% of Americans, and left at least 10% of Americans unemployed. Don’t be ashamed if you are one of the many Americans still affected by the recession. In these difficult times, it is not surprising if you find yourself unable to meet...
Giving-Your-Business-a-Fresh-Financial-Start-After-a-Chapter-11-Bankruptcy.

Giving Your Business a Fresh Financial Start After a Chapter 11 Bankruptcy

About 50% of businesses fail in their first 5 years according to Gallup, although a Forbes analysis put the failure rate as high as 80% for new businesses within their first 18 months. Regardless, these figures should not discourage anyone from starting one or even continuing...
Chapter 7 Bankruptcy As a First Option

Commentary: Chapter 7 Bankruptcy As a First Option

If you’ve been battling credit card and/or medical bill debt for a long time, you are not alone. Many Americans are still in debt that they cannot escape. You may have tried or heard about plans to spend less, save more, shift debt, consolidate, or debt counseling and debt...
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