Bankruptcy: Why does it happen to careful people?

There is sometimes this assumption about bankruptcy that it happens to people who spend recklessly and make obvious mistakes. While you can certainly find these situations, the reality is that careful people also find themselves facing financial problems and bankruptcy. It can happen to anyone. For example, one of the top reasons for bankruptcy in… Continue reading Bankruptcy: Why does it happen to careful people?

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Business owners have an extra reason to plan estates well

It’s not easy to discuss what to do with assets and properties upon a family member’s death. Discussion of the end of life is always unpleasant, and descendants may have different ideas over what to do with homes and businesses. Owners of farms, people who own family businesses, farms and other major sources of revenue,… Continue reading Business owners have an extra reason to plan estates well

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Need Now: Motivated Full-Time Legal Assistant

Busy Madison law firm with four Attorneys is seeking a Legal Assistant (paralegal) to assist in civil litigation, family and bankruptcy law matters. Work station has a great view of downtown and the lake. Those with paralegal skills are encouraged to apply. Responsibilities include the following: Drafting, proofreading and finalizing documents including correspondence, pleadings, briefs,… Continue reading Need Now: Motivated Full-Time Legal Assistant

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The 3 different types of bankruptcy that a business can file

Just like individuals swimming in debt may choose to file for bankruptcy as a way to alleviate their financial pressures, businesses often do the same. They may file for Chapter 7, 11 or 13 bankruptcy depending on how they’re incorporated, the assets and debts they have and whether they’re looking to remain in business. Chapter 13 bankruptcy… Continue reading The 3 different types of bankruptcy that a business can file

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