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Business Plan
Bankruptcy filings are at their lowest in 10 years, but not for the reasons you might think
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.…
Should student loans be dischargeable in bankruptcy?
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…
CHEMBIO DIAGNOSTICS: MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL POSITION AND RESULTS OF…
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…
Here’s why retailers take so long to file for bankruptcy
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…
Can you pay off your student loans in bankruptcy?
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…
Erdogan’s party calls for changes to Turkish bankruptcy law over abuse
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…
New “Fair Ground of Doubt” Standard for Alleged Discharge Violations: Proceed With Care |…
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…
Victims of Boy Scouts sue to exploit $ 667 million asset pool for abuse claims
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…
Biden left a generation of college graduates in debt
Your regrettable Sunday endorsement editorial states that "Biden is a man of compassion, honor and decency." Anyone can see it. This is not true.
Biden gets a lot of "nice" press. But he tried to cut Social Security and Medicare for…
Student Loan Debt Remission and Elimination – Top 4 Pros and Cons
1.Federal Reserve Board of Governors, “Consumer Credit - G.19,” Federalreserve.gov, April 7, 2021
2.Abigail Johnson Hess, “US Student Debt Has Grown Over 100% in the Past 10 Years,” cnbc.com, December 22, 2020
3.US Department of…