Bankruptcy is a legal remedy to restructure or eliminate debt loads that individuals can no longer repay. Often bankruptcy is the result of unexpected financial setbacks such as medical bills or loss of employment. In some instances, bankruptcy protection may be needed a second time by an individual who has already sought bankruptcy protection in…
When a money judgment is obtained against an individual or entity, it establishes a monetary sum that the person filing the lien is entitled to recover. One method of obtaining payment on the judgment is to file it as a lien against property owned by the person who owes the debt. When a judgment is…
Small and large businesses alike must sometimes file bankruptcy when debts become unmanageable. If you’re a small business owner and find yourself in this situation, we understand you’re worried about your future and there’s a lot you’re concerned about. The guidelines and rules surrounding business bankruptcies can be confusing for anyone to understand. Because of…
