Tag Archives: Chicago Consumer Bankruptcy Lawyer
Why The Toys R Us Reorganization Failed
Bankruptcy is normally a fresh start for distressed debtors in Illinois and Indiana. However, there are very few guarantees in life. And, there is certainly no guarantee that a consumer bankruptcy will be a financial mulligan for you and your family. Things definitely did not work out that way for the giant toy retailer…. Read More »
Bankruptcy Filings Increase
After several consecutive years of steady decline, consumer bankruptcy filings increased 6 percent in 2016. According to a report, Illinois had the second-highest number of new bankruptcy filings in the country for December 2016. Alabama and Tennessee had the highest per capita filing rates, continuing a trend of more bankruptcies in the South than… Read More »
Chicago Schools Mull Bankruptcy
Faced with a $1 billion deficit and almost no way to make up the difference, the Chicago Public Schools are once again contemplating bankruptcy. But what would happen if a petition is filed? Both Governor Bruce Rauner and Mayor Rahm Emanuel have floated Chapter 9 bankruptcy as the best available option, as the state… Read More »
Baseball And Bankruptcy
Another baseball season is coming to an end, and may people claim that winning is all in the numbers, from RBI and ERA to OPS and WAR. Other people say that the only number that matters in baseball is three, because when there are less than three outs in an inning, anything is possible,… Read More »