For many people, travel is a great way to recharge, take a break from life's responsibilities, and experience the world firsthand. Unfortunately, traveling can also be very expensive and some people take on a considerable amount of debt in order to visit other...
Bankruptcy
Bergner’s parent company still at risk of liquidation
Whenever a company in Ohio is facing financial uncertainty and considering bankruptcy as a possible solution, there is always a chance that its assets could be liquidated entirely. However, in some cases, other companies may bid for a chance to take over the company...
Bankruptcy and peace of mind
There are many different reasons why people experience high levels of stress when they are going through financial challenges. Not only do some have other struggles that arise due to their circumstances, such as back child support, but people may be unable to pay...
What kind of assistance can you expect from unemployment?
You walk into work on a normal morning only to hear mumbled chatter about bankruptcy filings. Later on, you are given a notice that your job will soon be obsolete because the company you work for is going bankrupt and liquidating all of its assets. Fortunately for...
Filing for bankruptcy at a young age
People from various walks of life decide to file for bankruptcy, from those who have a high-profile and well-paying job to those whose income leaves them below the middle class. Some people may think that bankruptcy is for middle-aged and older individuals, but there...
Nursing home owner files for Chapter 11
Business owners in a variety of fields may need to file for bankruptcy for a plethora of reasons. Sometimes, financial burdens such as high levels of debt simply have to be addressed via a bankruptcy petition, which may offer a number of benefits for those who run a...
Talking to loved ones about bankruptcy
There are so many facets of the bankruptcy process that have been covered on this blog, but those considering Chapter 7, Chapter 13, or another type of bankruptcy should bear in mind that they may encounter many more issues prior to and after the filing of their...
The benefits of bankruptcy, from an emotional standpoint
When people think about bankruptcy, they likely understand the potential financial benefits of filing a petition, such as getting rid of debt or establishing a payment plan that helps one tackle their financial problems. However, what some may not realize is that...
Child support obligations and bankruptcy
When it comes to bankruptcy, each case is unique and some people face particularly difficult challenges, such as those who are struggling with child support payments. With regard to bankruptcy and child support, there are a number of things that non-custodial parents...
Bankruptcy filing in place for popular gun brand, Remington
One of the most feared nightmares of any Ohio company is the reality of needing to file for bankruptcy when a major bump in the road hurts sales and withholds profits. Many companies go to great lengths to protect against the financial pitfalls that are so notorious...