bankruptcy Archives - Bolinske Law
12
archive,tag,tag-bankruptcy,tag-12,ajax_fade,page_not_loaded,,qode_grid_1300,qode-content-sidebar-responsive,qode-child-theme-ver-1.0.0,qode-theme-ver-10.1.1,wpb-js-composer js-comp-ver-5.0.1,vc_responsive

bankruptcy Tag

San Bernardino California has filed for bankruptcy protection under chapter 9 of the bankruptcy code. The primary reason a municipality would file for bankruptcy protection is they can no longer afford to pay their bondholders and pension obligations. In this case it looks like the...

According to the American Bankruptcy Institute http://news.abi.org/press-releases/february-bankruptcy-filings-decrease-21-percent-from-previous-year-commercial-filings, bankruptcy filings have dropped 21% nationwide in February 2013. The article said that February filings were up 5% from January 2013. This seems to reflect what I am seeing in banks that have cut credit limits and increased...

The prevalence of leases continues to grow.  Many individuals want to drive a newer car but could not otherwise afford the car outright.  Many businesses want commercial space but cannot afford the cost of purchasing a commercial building and its upkeep.  Most leases go off...