Corporations

US Business Starting to See Coronavirus Bankruptcy Surge

Collection Law, Corporations, Did You Know?, In the News

According to the New York Times, corporate America is starting to see Covid-19 related bankruptcies on the increase. At Faucher Law, P.C., we still haven’t seen this increase. Note that the New York Times doesn’t give statistics, and it’s only talking about major corporate bankruptcies: chapter 11, not chapter 7. Read more »

Filing Bankruptcy If Debtor No Longer Lives in US

BAPCPA, Business, Corporations, Pre-Bankruptcy Planning, Procedure, Trustee

I had an American client who lived in Europe – Luxembourg, of all places. He moved because his business ventures in the US were going bad. His wife was from Luxembourg, so the family moved close to his in-laws Read more >>