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An ambitious burger concept aimed to disrupt fast food. Just a year later, it has filed for bankruptcy and closed its doors.
After announcing that its Berkeley Riverfront location would be closing in late July, Bar K has now filed for bankruptcy.
Comparing Chapter 7 vs. Chapter 13 bankruptcy helps you choose the right option. Chapter 7 is ideal for low-earning households who want to keep their homes but receive debt forgiveness for medical ...
Before you file for Chapter 7 bankruptcy, you must complete a credit-counseling course run by an agency approved by the U.S. Department of Justice. You can complete it in person, by phone or ...
The most common types of bankruptcy are Chapter 7 and Chapter 13. This article breaks down these two options, including how they work, the pros and cons of each and how to file.
Household items and funiture Lower-value jewelry Pensions and retirement accounts. Discharge This is the final phase of a Chapter 7 bankruptcy. If the trustee and the creditors raise no objections to ...
Chapter 7 bankruptcy can be completed in three to six months (versus three to five years for Chapter 13 bankruptcy.) You get to keep all your salary and wages after you file.
The creative dog park and restaurant/bar venue gained national recognition, but it wasn't enough to turn around financial ...
Chapter 7 bankruptcy is often referred to as “liquidation” bankruptcy. In this process, the court appoints a trustee to sell your non-exempt assets and use the proceeds to pay back creditors ...
A chapter 7 bankruptcy is filed in one of the 94 federal judicial districts’ bankruptcy courts. A petition is filed with the court that states the financial situation of the company and explains ...
Generally speaking, Sabatini says, “Chapter 7 is less expensive than Chapter 13 and much faster. A Chapter 7 is usually over within about four months. A Chapter 13 takes at least three years.
Declaring bankruptcy, in general, has a negative impact on your credit, whether you file Chapter 7, Chapter 13 or another type of bankruptcy. Filing bankruptcy can make it more difficult and more ...
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