March 2021

If your debts have become unmanageable or you are facing foreclosure on your home, you may be considering filing for bankruptcy. While bankruptcy may be the only way out for some people, it also has serious consequences that are worth…

What is bankruptcy? Bankruptcy is a legal proceeding involving a person or business unable to repay their unpaid debts. The bankruptcy process begins with a petition filed by the debtor, which is most common, or on behalf of…

Bankruptcy courts are quiet places these days, at least compared to previous years.Business and consumer bankruptcy rates are at their lowest in about a decade, according to a new report from Supreme Court Chief Justice John Roberts.…

About seven million borrowers are in default on their federal student loans, and a record amount of unpaid student debt is past due. There is a well-known concern that defaulting on student loans will hamper economic growth and hurt…

We develop, manufacture and commercialize point-of-care tests for the detection and diagnosis of infectious diseases, including COVID 19, sexually transmitted disease, and fever and tropical disease. Our product portfolio is based upon…

There are going to be a lot of personal bankruptcies in the weeks and months to come.Timing is key and having a plan is everything, experts say, because a bankrupt crash landing is suicide.While 630,000 retail businesses have been closed…

Photo credit: Getty Getty This is one of the most searched student loan questions on Google: Can you pay off your student loans in bankruptcy? The quick answer is that student loans are generally…

By Nevzat Devranoglu, Ali KucukgocmenISTANBUL, Nov. 13 (Reuters) - President Tayyip Erdogan's AK party on Tuesday submitted a bill to parliament to toughen Turkey's bankruptcy law to prevent what the government sees as regulatory abuse by…

Due to the economic fallout from COVID-19, more bankruptcies are on the horizon, especially as government assistance programs expire and involuntary or voluntary moratoria on creditors' actions end. Creditors should be aware and prepared…

Law360 (Jan. 8, 2021, 8:03 p.m. EST) - Lawyers for victims of alleged Boy Scouts of America sexual abuse sued the bankrupt organization in Delaware on Friday, seeking a Chapter 11 court declaration that over $ 667 million is said to…