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If a company declares Chapter 11 bankruptcy, often referred to simply as business bankruptcy, it doesn’t mean they’re going out of business. In fact, the opposite is true. That said, there can be serious impacts on the way the company operates on a daily basis –...
Many people who are considering Chapter 13 bankruptcy have questions about what happens to their IRS debt. They wonder if their back taxes can be wiped out via bankruptcy. As you may expect, this isn’t a question with a yes or no answer. Read on to learn more about...
When you have a mountain of medical debt, it can feel as though there’s no way out of it. However, there is something known as the statute of limitations that disallows a creditor to sue you for certain types of debt, including medical bills. Read on to learn more...
If you’ve been dealing with significant debt and are ready to move on, then you may want to file bankruptcy in California. While this isn’t the right solution for everyone, for some it can be a lifesaver. Learn more about how debt is reorganized in a Chapter 7...
Bankruptcy law can be confusing for everyone but when a couple is living in a gray legal area, it can become even more complicated. This may the best case for same-sex couples who may be married or living as domestic partners. Read on to see how California law applies...