Month: December 2020

2020 was a hard year for many retail establishments, with more than 12 filing for bankruptcy this year -- an 11 year high. Strained liquidity and plummeting sales made it difficult for some popular chains to stay open, especially if they were already experiencing...

You may have heard that there are a couple of ways to file for bankruptcy, both of which have certain advantages and disadvantages. Chapter 7 bankruptcy is generally referred to as a liquidation bankruptcy, whereas Chapter 13 bankruptcy is referred to as a...