It’s only Wednesday and we already have news of two major bankruptcy filings taking place this week: Boy Scouts of America and Pier-1 Imports have each filed for bankruptcy protection. While controversy abounds with regards to the Boy Scouts of America filing, Pier-1 Imports unfortunately seems to be just another of several big-brand retailers that […]

The end of an era? In this New York Times article, Vanessa Friedman and Sapna Maheshwari take an exploratory look at the recent bankruptcy proceedings of iconic New York department store Barneys New York. As they so aptly summarized the situation: “Retail watchers will probably be arguing for years over what, or who, was to […]

By now I’m sure you’ve heard that yet another international retail giant, Forever 21, filed for Chapter 11 Bankruptcy protection in September – but what does that mean exactly for both the corporation itself, and the consumer? In this article Terry Nguyen takes an in-depth look at Forever 21’s filing – and how online shopping […]

Unless you have specialized legal experience or other unique circumstances, there is a good change that you have never had to do any work within the Federal Court System. I’d venture to guess that a rather significant portion of the population would fall into this category, my clients included, so I wanted to put together […]

This is a more common question than you might think, and the short answer is simply, “No”. From a theoretical standpoint you have three options when it comes to handling a debt that has turned into a financial problem: You have the option to file bankruptcy. You have the option to work out a deal […]

Although this is not something that I am asked very often, it does come up from time to time in conversations that I have with new clients, and I wanted to address this topic in more detail. The simple answer is, no – you do not technically need to hire an attorney to file for […]