Many who come to us here at The looking to file for bankruptcy protection hope that doing so will allow them to get back onto firm financial ground. You may have had this same intention, yet then discovered that the potential for debt...
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Month: April 2016
Describing what could lead to a denial of discharge
Most of those filing for Chapter 7 bankruptcy in Salem typically expect their qualifying debts to be discharged. One could argue that they are right in this assumption; after all, the website USCourts.gov reports that more than 99 percent of individual bankruptcy...
Which form of bankruptcy is best to resolve medical debts?
A common myth that many in Salem may buy into is that only those who cannot manage their money are driven into bankruptcy. The fact is that most personal bankruptcy cases in the U.S. do not involve consumer debt at all. According to the results of a Harvard study...
The importance of an accurate asset valuation
For the Salem businesses that we here at The work with, one of the most important tasks associated with their impending bankruptcies is obtaining reliable and accurate valuations of their business assets. If you and your company are...