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Bankruptcy Law: A Guide to Chapter 7, 11 and 13

Bankruptcy Law: A Guide to Chapter 7, 11 and 13

Bankruptcy is a legal process designed to give individuals, small business owners and large corporate entities relief from crushing debt. Debtors are allowed to retain most of their assets so long as they are statutorily exempt from seizure by the bankruptcy trustee to distribute...
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...
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...
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...
Why so many Solar Companies Are Going Bankrupt

Why so many Solar Companies Are Going Bankrupt

Tesla founder Elon Musk recently unveiled a new system of batteries for businesses and homes that he claims will “fundamentally change the way the world uses energy.” The solar industry of tomorrow has indeed seen a big launch in the 21st Century, and big companies like SolarCity...
Filing for Bankruptcy After Losing a Lawsuit

Filing for Bankruptcy After Losing a Lawsuit

Lawsuits can merely be a nuisance for many companies and a cost of doing business. For individuals, they may be considered just an inconvenience if they have few assets to lose. If you have been sued for a business debt or other matter and face considerable exposure and asset...