September, 2014

Chapter 11 Bankruptcy FAQs (Pt. 3)

September 26, 2014

Here is the conclusion to our blog series Chapter 11 Bankruptcy FAQs. Q – Are bankruptcy trustees appointed in Chapter 11 bankruptcy cases? A – Not typically, but they can be appointed by a bankruptcy court if or when the following circumstances may arise: Bankruptcy fraud is suspected by a court. Some type of incompetence…
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Chapter 11 Bankruptcy FAQs (Pt. 2)

September 23, 2014

Picking up from where Chapter 11 Bankruptcy FAQs (Pt. 1) left off, here, we will continue to respond to some common questions that people have when they’re considering Chapter 11 bankruptcy. Q – What are the special procedures for small business Chapter 11 bankruptcy cases? A – When a business legally qualifies as a “small…
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Chapter 11 Bankruptcy FAQs (Pt. 1)

September 19, 2014

In the wake of our recent blog on Trump Entertainment Resorts filing for Chapter 11 bankruptcy, we thought it would be a good time to answer some commonly asked questions about this type of bankruptcy, which is usually pursued by businesses. While the responses and information provided in this blog series are helpful, don’t hesitate…
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Trump Plaza Casino Closes as Trump Entertainment Resorts Files Chapter 11

September 16, 2014

This past week, Trump Entertainment Resorts filed for Chapter 11 bankruptcy in Delaware, claiming to have upwards of $100 million in liabilities. While the company’s Trump Plaza casino in Atlantic City closed its doors for the last time just days ago, executives at Trump Entertainment Resorts have stated that the doors of its Taj Mahal…
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How to Prioritize Your Debt: 5 Tips to Keep in Mind (Pt. 3)

September 12, 2014

Wrapping up our blog series How to Prioritize Your Debt: 5 Tips to Keep in Mind (Pt. 1), below we will provide discuss some final tips to remember as you rank your debt from highest to lowest priority to pay off. How to Prioritize Your Debt: Final Issues to Remember Tip 4 – Moderate to…
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How to Prioritize Your Debt: 5 Tips to Keep in Mind (Pt. 2)

September 8, 2014

Picking up from where we left off in How to Prioritize Your Debt: 5 Tips to Keep in Mind (Pt. 1), below we will continue pointing out some more important factors to remember as you prioritize your debt and get your finances in order. More Tips to Help You Prioritize Your Debt Tip 2 –…
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How to Prioritize Your Debt: 5 Tips to Keep in Mind (Pt. 1)

September 3, 2014

Not all debt is created equal, as some debt will be more important than other types of debt to pay off first. Being aware of what debt may be a higher priority to pay before other debt can be critical to saving money and limiting other stresses as you get your finances in order and…
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