Category: Bankruptcy

Cellfor Insolvency

Cellfor Insolvency

Cellfor, a privately held company headquartered in Vancouver, Canada that supplies conifer varietal seedlings to the forest industry, got a court order granting it protection under the Companies’ Creditors Arrangement

February 20, 2012
Filing for Chapter 7 After A Divorce

Filing for Chapter 7 After A Divorce

Many couples argue over money. One spouse may be cheap. Another spouse may be a spender. The couple may be in conflict about their credit card bills, the mortgage or

February 1, 2012
Am I Eligible to File a Chapter 13 Bankruptcy?

Am I Eligible to File a Chapter 13 Bankruptcy?

The economic downturn has continued into 2012 for many New Yorkers. A growing number of struggling consumers are falling into bankruptcy because of plummeting home values, dwindling incomes, inability to

January 31, 2012
Director Duties to Creditors at Insolvent Businesses

Director Duties to Creditors at Insolvent Businesses

The California Court of Appeal, Sixth Appellate District issued a ruling in Berg & Berg Enterprises, LLC v. Boyle, 2009 Cal. App. LEXIS 1740 (Oct. 29, 2009) that limits a breach

January 14, 2012
Getting out of Student Loan Debt

Getting out of Student Loan Debt

On May 3, 2010, US News reported in “New Hope for Debtors Struggling With Student Loans” that most Americans who use loans to pay for a university degree, obtain jobs

January 9, 2012
Be Prepared for the 341 Hearing in a Chapter 13

Be Prepared for the 341 Hearing in a Chapter 13

The US federal court system allows for electronic filing of documents. A bankruptcy petition is usually filed electronically. Once a document gets filed with the court, all interested parties are

December 5, 2011
Ending a Business

Ending a Business

When a small business is not doing well, or when its owners want to start another chapter in their lives or careers, there are many ways to get out of

November 24, 2011
Copyright Registration Can Turnaround a Business Close to Bankruptcy

Copyright Registration Can Turnaround a Business Close to Bankruptcy

Copyright registration is a way to protect intellectual property. When a business is not doing well and close to bankruptcy, protecting intellectual property can turnaround the company. In Apple Inc.

November 20, 2011
Do not Keep a Home Purchase a Secret During Bankruptcy

Do not Keep a Home Purchase a Secret During Bankruptcy

For the ordinary person who sees a home he/she likes, s/he may let a real estate agent know to begin the purchase process, and conclude by signing their name in

November 18, 2011
Conversion or Dismissal

Conversion or Dismissal

A Chapter 11 case in New York starts with the filing of a petition with the bankruptcy court serving the area where the debtor lives. Each court has its own

November 8, 2011

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