News

BUSINESSES ARE FILING BANKRUPTCY AT THE FASTEST PACE SINCE THE PANDEMIC

BUSINESSES ARE FILING BANKRUPTCY AT THE FASTEST PACE SINCE THE PANDEMIC Corporate bankruptcies are surging.  June saw the highest monthly bankruptcy filings since 2020.   Supply chain issues continue; consumers are spending less; and retailers are closing brick and mortar locations.  The pandemic stimulus set off a shopping spree that lasted...

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CHAPTER 7 BANKRUPTCY PRE-FILING PLANNING

CHAPTER 7 BANKRUPTCY PRE-FILING PLANNING Once a Chapter 7 bankruptcy is filed, all of the assets of the debtor that filed becomes property of the bankruptcy estate.  Immediately upon filing, a Chapter 7  the bankruptcy court appoints a bankruptcy Trustee to sell your “nonexempt” assets or those things not protected...

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