Advantages and Disadvantages of Filing Bankruptcy

Being overwhelmed with financial debt can sometimes lead you to choose bankruptcy as a last resort. It can be a great tool for debt relief, but filing for bankruptcy is a serious decision that you have to think through. The bankruptcy filing has certain advantages and disadvantages, and it is up to you to weigh the pros and cons between filing and not filing.

Life After Bankruptcy: Tips on How to Rebuild Your Credit

Filing for bankruptcy in Washington or Oregon is a means to give yourself a fresh start after being overwhelmed by unmanageable debt. Many people think that debtors who filed for bankruptcy will have a hard time rebuilding their credit, especially people with bad credit scores even before filing bankruptcy. However, there are ways to increase your credit score despite having a bad credit history. In this article, you’ll learn how to improve and rebuild your credit wisely.

Alamo Drafthouse Files for Bankruptcy, Two Texas Theaters Will Close

KXAN Austin reports the the popular Austin, TX based theater chain is closing two locations in the State of Texas in response to their recent Chapter 11 Bankruptcy filing. The two locations are in Austin, TX and San Antonio, TX.
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Drivers Sue Over Sky-High NYC Taxi License Costs


This article was first reported at Courthousenews. The url is https://www.courthousenews.com/drivers-sue-over-sky-high-nyc-taxi-licens...
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BROOKLYN (CN) — Taxi cab drivers are seeking more than $2.5 billion from the New York City Taxi & Limousine Commission, saying they paid artificially inflated prices for their taxi medallions, collectively losing hundreds of millions as a result.

Even if You Are in Prison – File Required Bankruptcy Documents or Your Case Will Be Dismissed.

In prison?  If You Are Going to File Bankruptcy, You Must Follow the Rules – No Exception.

CFPB Cracking Down on Mortgage Servicers

CFPB Compliance Bulletin Warns Mortgage Servicers: Unprepared is Unacceptable
Servicers Should Gear Up for Expected Surge in Homeowners Needing Assistance

The Bankruptcy Chapter 11 Subchapter V debt limit of $7,500,000 has been extended for 1 more year to March 2022

The Bankruptcy Chapter 11 Subchapter V debt limit of $7,500,000 has been extended for 1 more year to March 2022. The House passed a bill, which was signed by President Biden this week. Any clients, attorneys or accountants who have questions about Subchapter V Bankruptcy should contact Jim Shenwick 212 541 6224  [email protected]

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