A debtor’s death may throw an unexpected wrench into the works of his or her bankruptcy case. We here at The understand that those left behind after a debtor in bankruptcy has died may be concerned about the implications such a case...
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Month: May 2016
Examining the most expensive medical conditions
Many in Salem may find it difficult to grasp just how great of a crippling effect medical debt can have on one’s finances. They also may fail to realize how pervasive the problem is in the. U.S. According to data shared by The Association of Credit and...
Drop in oil and gas prices drives energy company into bankruptcy
Nearly all businesses in Salem may be subject to the fluctuations of the market, yet some may feel it much more than others. As consumer demand ebbs and flows, the hope is that those companies experiencing a crunch have the financial support needed to endure such...
What are impaired creditors?
Filing for bankruptcy does not necessarily put an end to your company. On the contrary, many businesses in Salem have used bankruptcy as a way to save themselves from mounting debt and start anew on firm financial ground. This happens thanks to the reorganization plan...
