Tag Archive for: bankruptcy law

,

Is There a Minimum Amount of Debt Needed to File for Bankruptcy?

St. Clair County, AL–If you’ve fallen into debt and are considering filing for bankruptcy, rest assured you aren’t alone. With the average consumer debt (i.e. payday loans, credit card debt, student loans, etc.) currently set at around…
,

Can You Transfer Assets to Friends or Family Before Filing for Bankruptcy?

So, you want to file for bankruptcy but also have assets that may be at risk of being liquidated. Can you transfer those assets to a friend or relative to avoid this? In this article, we’ll discuss why you shouldn’t transfer assets before…
,

Parent Company of New York & Co. Files for Chapter 11 Bankruptcy and Many Stores Could be Closing Because of It

New York & Co. has become a staple in shopping centers and malls across the U.S. Unfortunately, the women’s fashion retailer may no longer be a part of most mall directories in the coming months as all 400 stores could be closing. According…