Many healthcare providers in Salem and throughout the rest of the country may worry about getting paid for their services. The Association of Credit and Collection Professionals reports that as recently as 2012, American hospitals provided over $45 billion in care for...
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Month: January 2016
Protected small business assets during bankruptcy
Not all of the business owners that we here at The help work their way through bankruptcy are hoping to reorganize their companies through a Chapter 11. Some are sole proprietors or small business owners buried under a mountain of both...
Chapter 11 bankruptcy helps save gunmaker Colt
When many in Salem hear that a company has declared bankruptcy, they may assume that its operating days are finished. They may have good reason to feel this way; after all, many businesses are never able to completely recover from bankruptcy. However, to automatically...
Explaining the wildcard exemption
When people file for Chapter 7 bankruptcy protection in Salem, their immediate concerns often surround their personal property, specifically how much of it they will and will not be able to keep. Both state and federal laws have put exemptions in place that allow...