Articles Tagged with where to file bankruptcy

Bankruptcy Lawyer Bryan W. Stone answers the question: “What are my alternatives to bankruptcy?”

There are many considerations that go into filing for bankruptcy. As we’ve discussed many times before, you have to be sure that bankruptcy is right for you and, even if it is, that this is the right time to move forward. Something you may not think much about is how residency can impact your ability to file for bankruptcy. To learn more about where the law allows you to file for bankruptcy, keep reading.

Bankruptcy Lawyer Bryan W. Stone answers the question: “How do I file for bankruptcy?”

Once you have committed yourself to filing for bankruptcy in order to take control of your debt, it is one of the first questions you must next face: Where should I file? The question becomes necessarily more complex when a company is looking at filing for Chapter 11 bankruptcy; it is inherently more difficult to determine a particular state of residence for corporations and other business models that have assets and conduct business in multiple states. However, where to file for bankruptcy, known in the legal world as “venue,” is also a common conundrum for individual consumers looking to file for Chapter 7 or Chapter 13 bankruptcy.