Factors to Consider | Your Options It takes courage and confidence to open your own business and take personal responsibility for your success or failure. Choosing the appropriate legal structure can provide you with a significant amount of … [Read more...]
What Are the Fundamental Requirements to Create a Contract?
What Constitutes a Valid Offer to Enter into a Contract? There's a common misperception that, in order to be binding, a contract must be in writing. In fact, many types of oral agreements are fully enforceable in a court of law, but that's a topic … [Read more...]
Are Oral Business Agreements Enforceable?
Can a Contract Be Voided Because It’s Not in Writing? In the business world, much is done conversationally. You may talk with vendors and suppliers on the phone, or stop by a customer’s place of business to discuss your products. What happens if you … [Read more...]
Is Your Business Contract Enforceable in Court?
The Requirements of a Valid Business Agreement When you own or operate a business, you enter agreements every day, with customers, vendors, suppliers, and others. You need to know that the contracts that govern your business dealings are enforceable … [Read more...]
Paying the Costs of a Bankruptcy Filing
What Are the Out-of-Pocket Costs? How Do You Pay Them? When you lose your job or have substantial uninsured medical expenses, and bankruptcy seems like the only way to get a fresh start, the last thing you want to think about is another expense. But … [Read more...]
Chapter 7 or Chapter 13?
How to Determine Which Type of Bankruptcy Petition to File If you’re like many Americans, struggling with the loss of employment as a result of the pandemic, you may be considering filing for bankruptcy. If you’ve never done so before, you may be … [Read more...]
The Automatic Stay in Bankruptcy
What Is It? What Does It Protect You From? Can You Lose It? While a personal bankruptcy filing can allow you to permanently discharge certain debts (under Chapter 7) or restructure existing obligations to make them more affordable (under Chapter … [Read more...]
Myths Surrounding a Personal Bankruptcy Filing
Dispelling Common Misperceptions If you've been hit hard by the pandemic—you've lost your job or your family business has collapsed—you may be considering personal bankruptcy in order to get a fresh start. If you've never considered bankruptcy … [Read more...]
Season’s Greetings and Happy New Year
Filing for Bankruptcy Protection—How Long Should You Wait?
Is It Better to File Right Away or Try Other Options? If you're struggling to make mortgage or rent payments because of the economic downturn caused by the coronavirus, you're not alone. According to a recent report in The Washington Post, more than … [Read more...]
