by Miller & Miller Law, LLC | Sep 20, 2016 | Commercial Bankruptcy
Success in the retail industry is not easy to achieve, and can easily be lost. A recent article highlighted the recent cluster of bankruptcy filings in the retail industry, especially the retail sporting goods industry, highlighting some of the common causes leading...
by Miller & Miller Law, LLC | Sep 19, 2016 | Commercial Bankruptcy
Previously, we began looking at the topic of Chapter 11 bankruptcy in the context of retail business failures. As we noted, Chapter 11 bankruptcy gives business debtors the opportunity to reorganize in order to pay off creditors.Creditors’ committees, which are...
by Miller & Miller Law, LLC | Sep 16, 2016 | Personal Bankruptcy
Last time, we began looking briefly at how the type of bankruptcy for which a debtor files can impact his or her financial life post-bankruptcy. Another important issue to consider regarding the impact of bankruptcy is how it will impact a debtor’s credit score...
by Miller & Miller Law, LLC | Sep 14, 2016 | Personal Bankruptcy
No matter what a debtor’s profile in terms of specific types of debt, one of the foremost concerns people have about bankruptcy is how it will impact their credit score and their financial life in general. The answer depends on factors related to the bankruptcy...
by Miller & Miller Law, LLC | Sep 5, 2016 | Personal Bankruptcy
In our last post, we began looking at the issue of whether tax debt may be discharged in bankruptcy. The issue is an important one for debtors who bring significant tax debts to the bankruptcy process, whether in Chapter 7 or Chapter 13 bankruptcy.As we noted, there...
by Miller & Miller Law, LLC | Sep 1, 2016 | Personal Bankruptcy
Americans bring all kinds of debt to bankruptcy court. Some of the more common forms of debt include medical debt, credit card debt, and mortgage debt, but tax debt can also be a significant reason for filing for many debtors.Tax debt, though, is not necessarily...