In today’s complex world of business, having an attorney look out for your company’s best interests could prove worthwhile. A lack of knowledge concerning business laws and policies may leave you and your company vulnerable to significant liabilities. Consulting with a business attorney can help you avoid potential legal problems, stay up to date on…
What is Chapter 13 Bankruptcy? Chapter 13 Bankruptcy is often referred to as a bankruptcy repayment plan. This type of bankruptcy enables wage earning individuals to propose a three to five year plan to repay their creditors. After the repayment plan commences, creditors are forbidden from pursuing other collection efforts against debtors. Chapter 13 is…
If you are looking to wipe out all of your debt and have a fresh start, Chapter 7 may be the best option for you. Of all the types of bankruptcies Chapter 7 is the most all-encompassing, because it covers not only individuals, but also corporations, partnerships and sole proprietorships. It is also the most…