Individuals who reside, have a place of business, or own property in the United States may file for bankruptcy in a federal court under Chapter 7 (“straight bankruptcy”, or liquidation).
College Financial Prep’s platform has allowed us to share our expertise and provide invaluable insights to students and families navigating the often overwhelming world of college financing. The impact of these conversations can be life-changing, empowering students to make well-informed decisions about their education and financial futures.
When a plaintiff in a personal injury or medical malpractice case needs to file for bankruptcy, usually a chapter 7, this has specific consequences for the posture of the personal injury or medical malpractice case. In this article we explore what happens in this situation, and what the plaintiff’s attorney needs to know in order to bring that action to a successful conclusion.
Attend a free online seminar hosted by the Farmingdale Small Business Development Center featuring Rachel Kaylie to discuss financial options during difficult times.
People experience financial hardship for a variety of reasons. These days are especially difficult for the average person due to the worldwide pandemic caused by the corona virus, also known as COVID 19.
Chapter 7 of the United States Bankruptcy Code provides for “liquidation” – the sale of a debtor’s nonexempt property and the distribution of the proceeds to creditors.
There are many different injuries that can result from a car accident. Serious injuries might become permanent and result in physical disability. If you are a victim in a motor vehicle accident, you may suffer property damage, lost wages, pain and suffering, cost for medical treatment, and losses as a result of disability.