Chapter 11 bankruptcy is an important type of bankruptcy protection that can help a struggling business reorganize their debt and stay in business. A Tennessee-based discount retailer and pharmacy chain has announced it is seeking Chapter 11 bankruptcy protection. The...
Month: September 2019
What is a bankruptcy exemption?
While bankruptcy is an all-around protection for struggling consumers faced with overwhelming debt, bankruptcy exemptions provide an additional layer or protection for the filing party's property. The way it works is that bankruptcy exemptions protect certain...
Lien stripping may help you keep your house
Your income used to be enough to live on, but lately, it seems as if you have more bills than you do paycheck. The idea of declaring bankruptcy may seem appealing, but you love your house, and losing it is just not an option. Filing Chapter 13 bankruptcy allows you to...
The different ways Chapter 13 bankruptcy can help consumers
Chapter 13 bankruptcy is important for struggling consumers, homeowners and others to understand. The importance of Chapter 13 bankruptcy protections to consumers cannot be overstated if they wish to enjoy debt relief but want to retain their assets, including a...
Bankruptcies up and continue to be high in Tennessee
Bankruptcy relief is an important legal protection for struggling consumers to be familiar with. While there was a year-over-year drop in consumer bankruptcy filings, the number of consumers seeking bankruptcy protection during August increased. Commercial bankruptcy...
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