Bankruptcy should never be seen as a sign of failure. It is a legal way to rebuild after an emergency. If you are deeply in debt, consider taking advantage of this opportunity to protect yourself and your family, but be sure to understand the process and its implications. The bankruptcy court of Maryland warns that […]
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COVID-19 Small Business Bankruptcy Relief
Many small businesses throughout the U.S. have sadly struggled to survive the challenges posted by the novel coronavirus. If a business is overwhelmed by debt, its owners may decide to file for bankruptcy. Businesses most often file for bankruptcy under Chapter 11 or Chapter 7 of the Bankruptcy Code. While Chapter 11 historically has proven […]
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