Harry and David filed a Chapter 11 bankruptcy. The company famous for Oregold Peaches (9 for about $30), Fruit of the Month Club, and lots of jams and snacks and gift baskets has filed a reorganization under Chapter 11, which means that it will continue to operate but it will trim it’s operation, likely writing down debts [...]
Susanne Robicsek, North Carolina Bankruptcy Attorney
“How much does it cost to file bankruptcy?” This is often the first thing that someone says to me when they call. What they want to know is the total cost for attorney fees and the filing fees. I understand why they ask me, because for someone in financial difficulty, the cost for filing bankruptcy is [...]
Consumers Beware if you get emails “from” the IRS. The IRS doesn’t send emails! Your Finances and personal information need to be guarded. Beware of emails which are really just phishing scams. You shouldn’t answer any emails asking for personal information, even if they look official. It is easy for any scammer to copy [...]
Bankruptcy clients of the month: Parents. Specifically, parents with adult kids that need monetary help. I seem to be seeing a lot more people whose adult children have moved in with them. As the economy grows worse, children seem to be moving home in greater numbers. The parents I am seeing are seniors living on fixed incomes, or people who are earning just barely enough money [...]
If you are in Chapter 13 bankruptcy and you want to sell your house, it isn’t hard so long as you let your lawyer know early, and discuss how to do it before you get underway with the sale. Permission must be granted by the bankruptcy judge in charge of your case or your [...]
Once a bankruptcy is filed, all creditors are supposed to stop trying to collect debts that are dealt with or discharged in your case. But what happens if a creditor contacts someone after bankruptcy? As soon as a case is filed, there is an automatic stay that protects you from your creditors, and they can’t [...]
