Tag Archives: Illinois Bankruptcy Relief Lawyers
Hard Times In The Oilfields
Two hundred and thirteen oil and gas companies in North America have filed bankruptcy since energy prices crashed in late 2014, and these companies have listed a collective $85 billion in debt. Things have been particularly tough in the oil exploration service industry, as 108 of these firms have filed bankruptcy in the last… Read More »
The Comeback Trail
Bankruptcy blog sites are often replete with posts about recoveries from bankruptcy; for example, Abraham Lincoln, Cyndi Lauper, and Larry King all filed bankruptcy and they turned out alright. Their stories, and others like them, are both true and inspiring, and they show us that bankruptcy is a fresh start in the game as… Read More »
Your Bankruptcy And Your Security Clearance
Workers that are experiencing financial distress while serving at Scott Air Force Base, the Great Lakes Training Center, and Rock Island Arsenal, or while employed by one of the many private firms in Illinois that require a security clearance, may hesitate to file bankruptcy because they believe that such filing will lead to adverse… Read More »
Bankruptcy Fraud
Although filing for bankruptcy can potentially give you a fresh financial start, if you get greedy and try to obtain more than you are entitled to under the Bankruptcy Code you may find yourself in a world of trouble. That is why it is important to understand that having an experienced bankruptcy lawyer allows… Read More »
Puerto Rico’s Debt Relief Bill
Although Illinois is drowning in public debt, we are certainly not alone. Recently, the media spotlight has been on the Commonwealth of Puerto Rico and the fact that it owes approximately $73 billion in public debt. Proposed debt relief plans for Puerto Rico are particularly interesting from a legal point of view given that… Read More »
