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Although Chapter 11 bankruptcy offers significant protections for struggling businesses, the resulting reorganization may not be worth the time, effort and money involved. It’s important to [...]

After filing for personal bankruptcy, you’ll be granted the protection of the automatic stay. From there, the court will assign your case a trustee and that person will organize a Meeting of [...]

Personal bankruptcy affects an individual’s credit score in a variety of ways. However hopeless it may seem, there are responsible ways to begin building credit again almost immediately. Most [...]

There are three main types of business bankruptcies and they have wildly different effects on the owner and the business. Whether you’re looking at Chapter 7, 11, or 13, you’ll want to consult a [...]

There’s much to consider following the closure of a Chapter 13 bankruptcy proceeding and repayment plan. You may be able to pay off more debt than you think, but your credit score will take a [...]

The homestead exception was established to help struggling homeowners stay in their homes through a bankruptcy proceeding. The Arkansas homestead exemption allows qualifying debtors to protect [...]

Military members both active and retired have extra rights and options when it comes to bankruptcy. It’s important to understand each route as there are exclusion periods, security clearance [...]

There are a lot of facts - along with a lot of myths - out there about individual bankruptcy. This post highlights five facts anyone considering either should know about what happens in Chapter 7 [...]

Chapter 11 bankruptcy should be the last resort option for a business in a financial crisis, but it can be used strategically to help companies recover and come out in a better financial state on [...]

Real estate ownership plays a big role in paying back debts to creditors through a Chapter 13 Bankruptcy proceeding. There are specific rules and requirements to follow in order to keep property [...]