Tag : liquidation

Taking Back Oz Through Bankruptcy Liquidation

Bankruptcy Law Overview

I remember watching the Wizard of Oz movie every Thanksgiving Day as a child growing up here in the southland.  After sticking my fingers into the black olives and then eating them from my fingertips and stuffing my belly fully of all the trimmings that make up every traditional holiday meal, the family would then […]

How Do I Know Whether to File Chapter 13 or 7?

Bankruptcy Law Overview, Chapter 13, Chapter 7, Foreclosure, Modifications

As a consumer debtor, you will usually have two options when deciding to file bankruptcy; Chapter 13 or 7 under the Bankruptcy Code.  The question is which is better?; and which one should you file?  The answers to these questions are as unique as your individual circumstances. Under Chapter 7 of the Bankruptcy Code, you are […]

Advantages of Bankruptcy when Closing a Business

Chapter 13, Chapter 7, Small Business Bankruptcy

When closing a small business, there are advantages to using Bankruptcy as a means to winding up your small business.  If you’re Going Out of Business and are looking for alternatives to Bankruptcy, or a more detailed discussion on bankruptcy advantages, then you must read Gordon Eng’s recent article in the Los Angeles Lawyer magazine of the […]

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