Tortious interference happens when someone deliberately harms a business relationship or contract between other parties. It often involves one company trying to disrupt a deal, contract, or ongoing business arrangement for its own gain. This kind of interference can...
Month: June 2025
4 things you need to consider before filing for bankruptcy
Filing for bankruptcy represents a significant financial decision that can provide relief from overwhelming debt but also carries long-term consequences for your financial future. While bankruptcy offers protection from creditors and potential debt elimination, it...
What is the difference between chapter 11 and 13?
Bankruptcy can be a vital lifeline for those struggling with overwhelming debt. When considering bankruptcy, understanding the differences between Chapter 11 and Chapter 13 can help individuals and businesses make informed decisions. Chapter 13: Reorganization for...
The fate of nonexempt assets in Chapter 7 bankruptcy
When filing for a Chapter 7 bankruptcy, certain assets will be categorized as exempt from seizure by the courts to pay off any claims by creditors. However, some assets might be declared nonexempt. If so, you might wonder which of your assets would be nonexempt and...