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Chapter 11 bankruptcies are up 63 percent

December 31, 2018

Chapter 11 bankruptcies occur when companies file for bankruptcy in order to protect themselves from creditors and to restructure their debt into something more manageable. This process is overseen by a Federal bankruptcy judge. Usually,…

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Toys “R” Us not going bankrupt after all

December 27, 2018

In the early summer of 2018, one of the largest and most iconic toy stores shocked the world by closing almost all of its 800 stores. Toys R Us was already in Chapter 11 bankruptcy…

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Bankruptcies soar among the elderly

December 18, 2018

A 2018 study has shown that bankruptcies among the elderly have increased over the last several years at a significant rate. From 1991 to 2016, the study indicated that bankruptcies of people 65 and older…

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The easiest ways to save money after bankruptcy

December 12, 2018

Life after a bankruptcy can be a tough. Sure, the knowledge that your debts have been wiped out is good, but sometimes there is a sense of failure. There is also the fear that you…

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Child Playing

What to Consider When Deciding Whether to File for Child Support

Parents want to provide a safe and secure environment for a child. The additional court-ordered financial support is also welcome to help provide for the many needs of a child. However, is filing for child…

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Debts that Can Be Relieved Through Bankruptcy

Often the people who would benefit the most from bankruptcy don’t know enough about the protections they’re afforded under the law. When you have financial stress, there are emotional traumas that come with the problem….

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Who Pays Child Support in Joint Custody

In joint custody cases, who pays child support and how much child support depends on several factors. First you will consider the incomes of both parties, and second you will look at how many overnights…

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What Should I Do If I Can't Afford My Child Support Payments?

Child support payments are a reality for many single parents but many people struggle with making these payments. If you are behind on your child support payments and are in debt because of it, there…

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