A commercial bankruptcy occurs when a business is struggling with debt and is not able to succeed with their current debt schedule. Like a personal bankruptcy, a commercial bankruptcy can eliminate debt, or the debt can be restructured for the business to have a better chance of paying it back. In chapter 7 bankruptcy, the business is dissolved and assets are liquidated. This is a clean break from creditors when a business fails.
15 March 2019
Retirement is something everyone needs to think about. Even if you're several decades out, it's important that you investigate your options. And if you don't happen to work in an industry and in a company that offers pensions then it is even more important that you look into a do it yourself option. You should learn the basics of investing even if you think you might consider a financial investor at some point.
28 December 2018
Being injured while at work can be a painful and inconvenient experience. Filing a workers' compensation claim can help make the experience more bearable in a number of ways such as the following. Get Some of Your Wages Replaced While you may not be paid your full salary after being hurt while on the job, you can expect to get some of your wages replaced if your workers' compensation claim is accepted.
19 October 2018
If you have been arrested for murder, this can be a scary time. Once you are arrested, one of the first things you will do is to go to court to a bond hearing. The judge will determine if they will issue a bond to you. If you are issued a bond, you have different options when it comes to the bonds. Below is information about the different choices you have to make so you can decide if this is something that would work well for you.
21 August 2018
If someone you love is in jail, then you might be thinking about visiting him or her. If this is the case, you could be nervous and unsure of what to expect. Of course, visiting someone in jail for the first time can be a unique and even frightening experience, but many people find that it's worth it so that they can see their family member or close friend. These are a few tips that can help you if you are planning on visiting someone in jail.
13 May 2018
Planning for your retirement can feel like a daunting task, especially if your retirement is 30 or 40 years away. One way that you can make properly preparing for your retirement feel like an achievable goal is to streamline your retirement savings. Check out a few things you can do to simplify your retirement savings strategy. Roll Over Your Old 401(k)s into a Single Account Most individuals do not stay at the same job for the duration of their careers.
18 March 2018
If your teen is about to enter high school, now's the time to start teaching them about investments. The old days of simply sticking money in a savings account and waiting for it to collect interest are long-gone. While basic savings accounts are still a good thing to have, they're not the type of investments you're teen will need to secure a successful life later on. Here are four steps you can take to help get your teen started on the path to a successful financial future.
6 December 2017
Filing for a chapter 7 bankruptcy can be expensive. It comes as no surprise that thousands of people around the country are stuck in the situation of needing to file for a bankruptcy, but lack the funds to hire an attorney. If you're wondering if you need a chapter 7 attorney to file for bankruptcy, you're about to discover if you can undertake this process by yourself or if you should hire a chapter 7 attorney.
17 October 2017
A new business brings along with it many things to take care of, perhaps none so important as your cash flow and tax burden. If this is your first year as a self-employed person, you could be afraid that tax season will be troublesome and expensive, but it need not be with these tips. Open Checking Account Like many new entrepreneurs, your business costs are handled with money stored in personal banking accounts you may also use for rent, clothing, food and similar personal items.
2 September 2017
If you have found yourself behind bars, there is a good chance you will be granted bail. Bail is designed to allow you the opportunity to get out of jail while you are awaiting trial. This allows you to provide for yourself by working and to work on your defense. However, if you have never been in this position before, you may have many questions about bail bonds and bail bond companies.
12 December 2015