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Category: Bankruptcy

18 Apr, 2012
Reaves & Lee

Your 401(k) and Bankruptcy

Retirement funds and 401(k) account monies are generally exempt from liquidation in a bankruptcy filing. This rule applies mostly to Chapter 7 cases in which some of a person’s assets could be used to satisfy debts to...

11 Apr, 2012
Reaves & Lee

How Stars End Up In Bankruptcy

Whether talking about professional athletes, Hollywood movie stars or even aids to such celebrities, financial hard times can strike anyone. In fact, many celebrities are at an increased risk of financial hardship and risk...

26 Mar, 2012
Reaves & Lee

What Debts Are Not Dischargeable?

The purpose of seeking bankruptcy is to resolve debts through a legal channel that can provide a release from liability over those debts. Whether those debts are resolved through a Chapter 7 liquidation case or a Chapter 13...

22 Mar, 2012
Reaves & Lee

Sprint At Risk For Bankruptcy?

With constant improvements in technology mobile phone companies have a lot of competition these days. As big name cellular providers continue to step up efforts to increase their market share, some of the smaller companies...