For those Salem clients that come to us here at The for assistance in filing for a Chapter 11 bankruptcy, one of the components of their proceedings that generates the most questions is the disclosure statement. If you are preparing for...
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Month: March 2016
Detailing debt relief options
Many of those who are struggling with debt in Salem typically face two major challenges: they find their own knowledge and experience insufficient to overcome the financial hurdles that they face, or they simply lack the resources to repay their creditors. In both...
Chapter 7 the only option for struggling clinical research lab
For most of the business owners in Salem who are considering bankruptcy, the preferred method is to file for a Chapter 11 or “reorganizational” bankruptcy. The reason being is just that: it allows them to reorganize their companies into a different...
Who is filing for medical bankruptcy?
The rising costs of healthcare have left many people in Salem, both insured and uninsured, with little chance to realistically afford their medical bills. If you feel as though you are drowning in medical debt, you may wonder how many others are in your same...
Retaining your accounts receivable through bankruptcy
More often than not, the companies that come to see us here at The hope to continue operating after their cases have been discharged. If this adequately describes your situation, then reorganizing your debts and finances through a Chapter...