Vitality Health Plan of California recently filed for Chapter 11 bankruptcy protection in December 2018. The company primarily offers Medicare Advantage plans for California residents. Several prominent California hospitals canceled their contracts with Vitality Health earlier in the year after their financial situation deteriorated. Since this summer, the company has had negative working capital, though [...]
Exide Technologies used to operate a lead-acid battery smelter in Los Angeles County. The factory has been closed, and the site has been abandoned. Families who live near the abandoned site have concerns for their safety, particularly in light of Exide Technologies’ bankruptcy plan. The bankruptcy plan would allow the company to abandon the site [...]
The COVID-19 pandemic and extended shutdowns across the state have caused many popular restaurant chains to file for bankruptcy in San Diego. Friendly's, an East Coast restaurant chain best known for its ice cream, filed for chapter 11 bankruptcy protection this week. The Western Massachusetts-based company that owns Friendly’s, has announced that an investor will [...]
Filings for Chapter 11 bankruptcy jumped by 48% when compared to last year, according to the American Bankruptcy Institute. The COVID-19 pandemic has caused significant economic hardship for businesses and private individuals alike. In April, chapter 11 bankruptcy filings increased by 28%. Experts anticipate more bankruptcy filings as the coronavirus shutdowns continue in many states, [...]
The coronavirus pandemic has caused significant financial hardship to businesses and individuals throughout the United States. The shutdowns related to the coronavirus pandemic have spurred bankruptcy filings throughout the country. Many of the country's biggest chain stores have filed for bankruptcy, and experts expect a wave of bankruptcy filings to happen in the next few [...]
California Bankruptcy Law If you are on the verge of bankruptcy, it might seem like everything is happening way too fast. Even though you may be dealing with an emotional whirlwind on the inside, it is important to slow down and examine the facts. When you understand how Bankruptcy Law is handled in the [...]
Many Americans are going through extremely difficult financial times. Millions of Americans have been laid off from their jobs because of COVID-19 shutdowns. The coronavirus crisis has caused financial stress for nearly 9 out of 10 Americans. According to a recent CNBC poll, 40% of Americans are worried that they do not have enough money [...]
A San Diego bankruptcy lawyer will only let you become bankrupt but after that, you need to handle yourself. Read this article to know how you can handle yourself after getting bankrupt. How bankruptcy can be a good idea for you? Stop your creditors from collecting money As you are bankrupt your creditors cannot take any [...]
Choosing the right bankruptcy is very important as each and everyone is different and their benefits are also different. Always consult with a professional San Diego bankruptcy attorney for you to get the best possible advice on which bankruptcy you should choose. Chapter 7 or Chapter 13 Both chapters 7 and 13 have their pros [...]
