What is the difference between chapter 7 and chapter 11 bankruptcy? Businesses usually have a couple of choices when it comes to filing bankruptcy. Chapter 7 bankruptcy is reserved for companies that are struggling so badly they want to throw in the towel. These companies are liquidated, and all assets (and proceeds from assets) are distributed between…
Many people that consider filing bankruptcy make the mistake of waiting too long before seeking legal advice from a bankruptcy attorney. There are simple warning signs you can look out for. If you are experiencing more than one of these warning signs and have accumulated debt you cannot afford to repay, you may be on…
There are times when real estate or land changes ownership in such an ambiguous manner that no clear owner or holder of the title is known. In these instances, a quiet title action may be needed in order to establish ownership of the parcel of land and any structures that sit upon the parcel. A…
You're often reminded of how extremely important your credit (aka FICO) score is. Nowadays, your credit score can determine whether or not you purchase a home for your family, insure your vehicle or take a new job. Yes! That's correct. Employers are checking the credit scores of potential employees as part of the hiring process.…