For many companies in Salem and throughout the rest of the U.S., the difference between financial struggles and solvency can be just a little bit if bad press. Businesses, particularly retailers, rely on their reputations to bring customers through their doors. For...
There Is Help.
There Is A Solution.
Month: August 2015
Divorce and bankruptcy
For many couples both in Salem and throughout the rest of the U.S., financial struggles are among the top reasons for divorce. In some cases, those struggles may not only prompt a separation, but also bankruptcy. When divorcing couples are facing bankruptcy, the most...
What is an involuntary bankruptcy?
If you’re like most in Salem who are contemplating bankruptcy, you may view it as a way to keep your creditors from pursuing any further action against you as you attempt to get back on to a firm financial footing. Yet could your creditors, if they wanted to,...
The tax implications of a Chapter 7 bankruptcy
When Salem residents incur massive debts, often the most viable solution is to declare a Chapter 7 bankruptcy. Indeed, many across the country turn to this form of relief every year. According to CreditSlips.org, over 124,000 bankruptcy cases had already been filed...
