Month: May 2016

At what point should your business decide to file bankruptcy? How much debt is too much debt? These are good questions any struggling business should ask. Determining when to file is almost as important as determining whether to file. If you wait too long to file, you...

In some cases, Tennessee debtors who are in the middle of a Chapter 13 bankruptcy may find themselves in situations in which their required payments will be late. This can cause significant stress for debtors, as keeping to the set repayment plan is a condition for...

Tennessee businessmen know that a company may declare bankruptcy if it continues to experience losses and take on debt. The Supreme Court recently ruled that a fraud may lead to a dismissal of discharge of personal debt, even when it involves asset transfers that...

As Tennessee businessmen may know, a company may have to go into bankruptcy if it sees continuing losses and mounting debts. This is what happened with Aeropostale, a clothing company based in New York City that markets apparel for teenagers and young adults. The...

Your business debt is a reality - it has already happened. Now is not the time to wonder what would have happened if you had done something differently. Now is the time to start thinking about how to save your business or avoid personal liability for its debts....

Tennessee shoppers should be aware that clothing retailer Aeropostale has filed for bankruptcy protection. The company filed for Chapter 11 bankruptcy protection on May 4 after seeing a steady decline in sales. It was known for its basic designs in a variety of...

There’s no question that medical debts can strain a family’s finances. Although studies disagree about the precise percentage of bankruptcies that might be caused by overwhelming medical debt, it’s easy to see how problems could start. For example,...