Family farm files for Chapter 7 bankruptcy
Financial hardships such as medical expenses, job loss and increases in the cost of living are common reasons for declaring a Chapter 7 bankruptcy. This type of bankruptcy allows most people to retain the majority
Activated carbon company files for Chapter 7 bankruptcy
Many companies start out with the funds that should cover startup costs. However, that isn't always the case, and even good intentions and the best planning can lead to Chapter 7 bankruptcy. It's wise to consider
Football coach files runs into trouble in Chapter 7 proceedings
Bankruptcy can allow a distressed consumer to create a fresh start and put an end to creditor harassment. A Chapter 7 bankruptcy can become contentious, however, when the liquidation process begins and the court decides
Chapter 7 conversion leaves city’s waste on curbsides
In this tough economic environment, many companies face financial difficulties. When they become too much to handle, some may choose to file for bankruptcy. In some more challenging cases, companies either choose to convert or
The Chapter 7 Means Test – Do I make too much to file?
If you are considering filing a chapter 7 bankruptcy, you probably have heard that not everyone qualifies. In 2005, Congress added the means test requirement to the bankruptcy code. The means test is intended to weed out
Former baseball star files for Chapter 7 bankruptcy protection
People across Mississippi struggle with finances, medical bills and mounting late fees every day. Many try to deal with these issues, in addition to the constant harassment from creditors, on their own in the hopes
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