Archive for June, 2009
Saturday, June 27th, 2009
In these hard economic times, it seems like everyday newspapers carry front-page articles about companies on the verge of, or filing for, bankruptcy. Car companies in particular are at the center of these reports, closing dealerships, and, in the case of Chrysler, actually filing for Chapter 11 bankruptcy. But many ...
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Friday, June 26th, 2009
When it comes to the bankruptcy process, too many consumers end up making mistakes. Some try to cheat the system and play outside the rules, while others simply do not listen to their lawyer' s advice or pay attention to the rules when initiating the process. Still others make a ...
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Thursday, June 25th, 2009
An Individual Voluntary Arrangement (commonly known as an IVA) is often described as the formal and legal alternative to bankruptcy. As such, when deciding how to deal with a debt problem, it is normal to compare both the IVA and bankruptcy routes. Below, I have tried to summarise the main ...
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