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Orange County
Bankruptcy Law Blog
Afraid That Filing Bankruptcy Will Affect Your Career? The Facts
Despite the Great Recession being officially declared over, it’s still a tight job market. Many people remain unemployed, while others are still worried about their job security. Even some in stable jobs feel they can’t afford to take risks. If [...]
When Medical Debt Becomes Overwhelming
Urgent medical needs cannot always wait until a patient’s income can cover the cost of the care he or she requires. As a result, overwhelming medical bills are now the primary reason that Americans file for Chapter 7 and Chapter 13 personal [...]
‘Disarray’ In DMX’s Chapter 11 Could Force Transfer To Chapter 7
Earl Simmons, the rapper known as DMX, filed for Chapter 11 reorganization in July, but he’s not getting much relief — and it’s not the first time. The performer tried filing for bankruptcy in 2009, but that case was dismissed [...]
Is It A Good Idea To Try Filing For Chapter 7 Without A Lawyer?
You may be thinking to yourself that a bankruptcy attorney’s blog isn’t likely to recommend trying to file bankruptcy on your own, and you would be right. This isn’t about helping bankruptcy lawyers hold onto their clients, however — it’s [...]
Rapper DMX Files New Chapter 11 Schedule Claiming $50 In Assets
Rapper DMX, whose real name is Earl Simmons, is apparently running pretty low on cash. Once among the top-selling hip-hop artists in history, the performer filed for Chapter 11 bankruptcy in July. He had apparently built up over a million in alimony [...]
Prudent Holding Company’s Pre-Meltdown Chapter 11 Saves Bank
Recently, a bankruptcy filing by a Wisconsin bank holding company was held up by the New York Times’ DealBook blog as a model of prudent and, in fact, innovative management. Typically, when bank holding companies file for bankruptcy, it’s far [...]