PPP Loans Now Allowed to Businesses in Bankruptcy

The U.S. Small Business Administration (SBA) has announced a major policy shift to allow small businesses in bankruptcy proceedings to receive PPP loans. Previously, filing bankruptcy was one of the many conditions that disqualified a business from tapping the funds….


Impacts of Chapter 11 Bankruptcy on Franchise

The COVID pandemic has forced a large number of restaurants into bankruptcy 1. Of course, the restaurant industry heavily relies on a system of franchising to conduct operations. Franchisors sell the rights to operate using their brand and trademarks. Franchisees…


What Businesses Going Through Bankruptcy Can Learn From Chuck E. Cheese

In 2020, Chuck E. Cheese ran out of tokens. The pizza and entertainment company filed for Chapter 11 bankruptcy protection as the COVID-19 pandemic brought its in-person, interactive business model to a halt. Following complex legal procedures and a large…


COVID-19 Foreclosure Avoidance Program in Nevada

COVID-19 foreclosure avoidance programs have provided welcome relief for residents of Nevada during the pandemic. Avoiding foreclosure is on the minds of many. There are programs available to Nevadans that can help. The Home Means Nevada programs and the Hardest…


Safeguards Against Business Bankruptcies in a Post-COVID World

The COVID pandemic has changed the ways that people do business. Business owners today need new strategies to survive and thrive in a post-COVID world. Part of thriving is having a concrete plan to avoid bankruptcy. Our Las Vegas bankruptcy…


Top 10 Reasons People File for Bankruptcy

Millions of people file for bankruptcy each year. There are many different reasons that people seek the fresh financial start that they can get from bankruptcy. In fact, most people end up needing to file because of unexpected events in…


National Rifle Associate (NRA) Declares Bankruptcy and Plans to Incorporate in Texas

Texas flag (U.S. state) Gun Control USA. United States Gun Laws.With more than 5 million members, the National Rifle Association (NRA) commands a presence wherever it goes. Founded in 1871 in New York, the organization seeks to improve marksmanship skills…


Boring Company Poised To Expand on Bankrupted Las Vegas Monorail

The Las Vegas Monorail closed its doors for months when the COVID-19 pandemic hit, but it’s finally getting a fresh start. The Las Vegas Convention and Visitors Authority (LVCVA) purchased the Monorail in December 2020. Now, there are big plans…


How to File For Bankruptcy Without An Attorney

Most people use an attorney to file for bankruptcy. However, if you’re determined to go it alone, you need to make sure that you get it right. Here’s how to file for bankruptcy without an attorney. 1. Determine What Chapter…


Bankruptcy For Independent Business Owners

No one hopes for a bankruptcy. The word alone often ignites feelings of anxiety and dread. However, bankruptcies are nothing to feared or be ashamed of, as they can often alleviate an extraordinary amount of stress and debt and give…