What Happens if My Employer Closes or Files for Bankruptcy? Lately, not a day goes by that we do not hear about another well-known business filing bankruptcy due to COVID-19. In fact, I just came across an interesting article from NBC News. It is called Which major retail companies have filed for bankruptcy since the coronavirus pandemic hit? Here's the [...]
One of the major decisions an individual faces especially during difficult times is filing for bankruptcy. Unsecured debts brought about by mounting medical bills, credit card debt, and even unpaid utility bills can be hard to deal with especially if your monthly income is very limited. Some may have enough disposable income to file a Chapter 13 bankruptcy petition in [...]
When I meet with potential clients for the first time, I feel their apprehension about filing for bankruptcy. Often times, they fear the stigma of bankruptcy. They feel like they have failed themselves and their families. They are worried what other family members, friends, neighbors and employers will think about them. I spend a lot of time explaining the process, [...]
Throughout this crisis, we have seen the good in people. We have those on the front lines fighting to protect us. Essential workers are making sure that we have food on our tables. Assistance programs to help us to financially get through it. These are good things. However, we still worry about our health, the health of our loved ones, [...]
