Tag Archives: Bankruptcy

Sears C.E.O. and Investor Lampert Sounds Alarm on Bankruptcy Risk

Edward Lampert, the Sears chief executive whose hedge fund owns big chunks of the company‚Äôs debt, suggests selling stores and asking lenders to take equity stakes. Read more detail on Recent Business Law posts –

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(Video) NEVER MEET WITH A PARALEGAL REGARDING CHAPTER 7 BANKRUPTCY

I am not sure everyone understands the role of a paralegal. Paralegals are not licensed lawyers. They cannot give you legal advice, sign you up, or even quote you a fee without violating state law and many ethical rules. Read … Continue reading

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(Video) HOW DOES A CHAPTER 7 BANKRUPTCY START? WHAT IS A PETITION FOR RELIEF?

Section 301(a) of the Bankruptcy Codes states that a voluntary Chapter 7 Bankruptcy is commenced with the filing of a petition with the bankruptcy court. A petition, simply put, is a formal written request, signed by you, appealing to the … Continue reading

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(Video) Statutory Presumptions of Fraud Under The Bankruptcy Code

We have blogged on this topic before. The general consensus in the Bankruptcy Code favors discharging unsecured debt. However, there are reasons why creditors can object to you discharging a debt with them and they are contained in Section 523 … Continue reading

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Amending Bankruptcy Forms

The best ways handle Amending Bankruptcy Forms in Tacoma Amending bankruptcy forms is usually necessary if you discover a mistake in your bankruptcy forms, petition, schedules, or other paperwork, you can fix it easily by filing an amended version of … Continue reading

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