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what happens when a company files for bankruptcy

What happens when a company files for bankruptcy? Do debts remain active?

When a company finds itself burdened with overwhelming debts, one option to manage these financial challenges is to file for bankruptcy. This can significantly alter the company’s obligations and potentially impact creditors, employees, and customers alike. But what happens when a company files for bankruptcy, and what does it mean for its outstanding debts? Let’s […]

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white-collar crime

White-Collar Crime: What Are Your Rights During the Legal Investigation Process?

White-collar crimes have the particularity of not being violent and are often carried out by people in positions of power or responsibility, such as corporate executives, financial professionals, government officials, and other individuals of high social or economic status. They will require a specialized attorney in white-collar crimes to provide you with a legal defense.

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consequences of insurance fraud

Understanding Insurance Fraud Crime: Legal Consequences to Consider

An insurance fraud crime is a serious offense that involves deception or misrepresentation to obtain benefits or payouts from an insurance company. It’s an offense with far-reaching consequences, not only for those directly involved but for the entire system, and that will have you reaching out to a criminal defense attorney. Insurance fraud inflates premiums,

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merchant cash advance debt relief

Merchant Cash Advance Debt Relief and California Chapter 11 Bankruptcy: A Path to Stability

While MCAs are marketed as a quick fix for cash flow issues, they often lead to financial distress, especially for small businesses. In California, we help clients struggling with merchant cash advance debt relief by guiding them through Chapter 11 bankruptcy as a means to restructure their finances and regain stability. Key Takeaways What is

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three strikes law california

Three Strikes Law California: What is it and how does it affect repeat offenders?

The Three Strikes Law California is a criminal law that establishes harsher penalties for offenders who have been convicted of multiple felonies. Implemented in several jurisdictions across the United States, the 3 Strike Law seeks to deter recidivism by imposing long-term prison sentences or even life imprisonment on those who commit three or more felonies.

Three Strikes Law California: What is it and how does it affect repeat offenders? Read More »

aggravated assault

Understanding the Different Types of Assault Charges: Simple vs. Aggravated Assault

Are you being accused of aggravated assault? Then, you may need an assault lawyer who can help you navigate this complex situation. Assault charges can vary significantly depending on the circumstances of the incident and the severity of the offense. If you or someone you know is facing assault charges, it’s important to understand the

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when to consider bankruptcy

What not to do before filing bankruptcy – Top 9 Mistakes to avoid

No one wants to have to file for bankruptcy, but, sometimes, you may have to travel this road while you get your debts in order. With the help of a bankruptcy attorney, you can also learn what not to do before filing bankruptcy. Key Takeaways What is bankruptcy? Sometimes bankruptcy is the best solution to

What not to do before filing bankruptcy – Top 9 Mistakes to avoid Read More »

white collar crimes

What Are The Most Common White Collar Crimes? What You Need to Know

You may have heard before about white collar crimes. What are they and why do you need a criminal defense lawyer if you are being accused of being involved in one of them? Key Takeaways Defining White Collar Crimes White collar crimes are not your typical criminal offenses involving violence or physical confrontation. Instead, they

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small business bankruptcies

Small Business Bankruptcies: Options and Challenges You Need To Know

Small business bankruptcies? That is a phrase no business owner wants to hear, but sometimes, it seems as if it’s the only way out of the situation they may be immersed in. The help of a bankruptcy lawyer in these cases is invaluable. Key Takeaways What are some challenges that can lead to small business

Small Business Bankruptcies: Options and Challenges You Need To Know Read More »

chapter 7 vs chapter 13

Chapter 7 vs Chapter 13 Bankruptcy: Which is the Best Option for California Residents?

In California, as in other US states, residents facing significant financial difficulties often consider bankruptcy as an option to obtain debt relief and a financial reset. But when comparing Chapter 7 vs Chapter 13 bankruptcy, which is the best option for you? An experienced bankruptcy attorney will evaluate your case and guide you in your

Chapter 7 vs Chapter 13 Bankruptcy: Which is the Best Option for California Residents? Read More »