Ohio Burger King Bankruptcy
Burger King Franchisee Files Chapter 11 Bankruptcy in Akron, OH Burger King, a well-known fast food chain, has faced its fair share of challenges in recent years. However, the latest blow comes from Akron, Ohio, where one of its franchisees has filed for Chapter 11 bankruptcy protection. This filing has sent shockwaves through the local […]
Ohio Bankruptcy Statistics
Bankruptcy Statistics in Ohio The state of Ohio has experienced economic challenges in recent years, including rising debt, high unemployment rates, and increasing healthcare costs. These challenges have contributed to a sharp rise in bankruptcy filings across the state, with thousands of individuals and businesses seeking debt relief through bankruptcy courts. From 2019 to 2022, […]
Bankruptcy Statistics in the United States
Bankruptcy is a legal process that allows individuals, businesses, and other entities to eliminate certain types of debt or reorganize their financial affairs to pay off their creditors. The process is designed to give individuals and entities a fresh start and to prevent creditors from pursuing collection activities while the bankruptcy case is ongoing. In […]
Yellow Trucking Bankruptcy: What Went Wrong?
Overview of the Yellow Truck Bankruptcy The Yellow Truck bankruptcy has sent shockwaves throughout the American freight industry, raising concerns about the stability and future of one of the nation’s largest truckload carriers. With thousands of unionized workers and millions of dollars in outstanding debt, the once-prominent logistics firm has succumbed to financial turmoil, prompting […]
Instant Brands files for Bankruptcy – Insta Pot’s Final Hours
Background on Instant Brands Instant Brands is an Illinois-based kitchenware company that is widely popular for its pressure cooker and air fryer products. The company was acquired by Cornell Capital, a private equity firm, in 2019. Despite the surge in demand for its kitchen products during the pandemic, Instant Brands’ financial position has been facing […]
How to Avoid Foreclosure in Cleveland – Akron
Avoid Foreclosure in Cleveland and Akron There are many reasons for falling behind on loan payments if you live in Cleveland or Akron. The troubling times due to the pandemic, the loss of a job, or crushing medical debt. Whatever the reason, you need some quick help to find foreclosure solutions. Don’t be embarrassed. You’re […]
Cheap Bankruptcy Attorney
Cheap Bankruptcy Attorneys Are Problematic. Bankruptcy attorneys are in the business of making sure you get out of debt, but that doesn’t mean it is cheap. Cheap bankruptcy attorneys may be willing to skip following the rules or not do a good job for you. You need someone who will file for bankruptcy on your […]
Utility Bills and Bankruptcy
Can Bankruptcy Stop Utilities from Being Shut-Off? The average household in southern Ohio spends well over $3000 per year on utilities. When you’re in financial distress, these bills can be overwhelming. And utility shut-off is a disaster for most families. If you’re suffering from overwhelming debt, you sometimes face a tough decision, keeping the utilities […]
How to File Bankruptcy Yourself
How to file bankruptcy yourself is a common question. Even people I see in my own consultations sometimes ask if it’s a good idea to file bankruptcy myself. Seldom is the answer yes for filing Chapter 7 bankruptcy myself, and never for filing Chapter 13 bankruptcy (debt repayment plan) yourself. Can I File Bankruptcy Myself? […]
Eviction and Bankruptcy
If you’re facing eviction, bankruptcy may be a part of your recovery plan. A Federal Judge in Ohio has ruled that the CDC has exceeded it’s authority with the current ban on evictions, according to CNBC article by Annie Nova, March 11, 2021. And many Ohio renters are worried. Bankruptcy and eviction often go together. […]
