Did you know that the average business lasts about ten years? When businesses reach this milestone, the owners must determine whether the company has a chance of surviving the next decade. It may be an option to file for bankruptcy, but this isn't always as bad as it sounds. When a business files for bankruptcy, [...]
About Vikas SharmaThis author has not yet filled in any details.
So far Vikas Sharma has created 4 blog entries.
Ready to start saving 10% of your income? Need a Certified Financial Planner(“CFP”)? By Ryan J. Really https://getreallylegal.com Attorney -Teacher- Veteran There is so much to discuss about Certified Financial Planners (“CFP”) that cannot be covered in one article. Here is some background to help get you started in the “systematic savings” game. You can [...]
The coronavirus pandemic has decimated businesses nationwide. Unsurprisingly, small businesses are among the hardest hit. Many small business owners have chosen to close their doors rather than continue to struggle. Among those determined to stay in business, bankruptcy rates have gone up by around 40 percent. Filing for bankruptcy can be a high-impact way to [...]
Although a federal appeals court recently took away one of the options for homeowners in bankruptcy, a number of good alternatives exist for distressed homeowners looking for refuge. In Failla v. Citibank, the Eleventh Circuit Court of Appeals, which includes Florida, Georgia, and Alabama, ruled that homeowners who surrender their houses in bankruptcy cannot contest subsequent foreclosure [...]