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Bankruptcy is the first step to a better future

There is are many false myths about bankruptcy. Many people believe that bankruptcy is a sign of failure. The fact stands that bankruptcy offers a way of beating crippling financial debt and offering applicants a clean slate. More than 700,000…

Examine your credit report after a bankruptcy

Individuals who file for bankruptcy often feel as if an enormous weight has been lifted from their shoulders. Debt has either been repaid or discharged and a fresh financial future has been unlocked. Unfortunately, there are steps one needs to…

When is bankruptcy the right choice?

Among the most unfortunate things about bankruptcy is the public’s opinion. Often seen as a financial failure, people often overlook the benefits of bankruptcy. The laws guiding bankruptcy give Americans a second chance after an unfortunate financial event. However, bankruptcy…

Three options to resolve tax debt

Unpaid taxes can be a serious financial issue. In addition to adding penalties and interest to the amount you owe each month, the IRS may use aggressive methods to secure payment. Paying back taxes often becomes a priority, especially when…

Independent Contractor Alert For Covid 19 Loans

The SBA released an Interim Final Rule regarding eligibility criteria for self-employed individuals on April 15, 2020. This rule is to supplement the other guidance that has been issued to date. Funding is limited andfor this reason we recommend submitting…

CARES Act Expands Eligibility Under the Small Business Reorganization Act: What Distressed Small Businesses and Their Creditors Should Know

The Coronavirus Aid, Relief and Economic Security (CARES) Act temporarily expands eligibility for “small businesses” to reorganize under chapter 11 over creditor objection under a new law that streamlines chapter 11 reorganizations Subchapter V modifies or eliminates many traditional chapter…

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