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Credit card debt As part of Chapter 7 bankruptcy, your credit card debt is typically discharged immediately. On the other hand, Chapter 13 bankruptcy focuses on reorganizing your debts.
The chain filed for its second bankruptcy and liquidation on August 7, 2019, [13] closing the remaining 54 stores [14] with plans to auction its intellectual property. [15] ALDO filed for bankruptcy on May 7, 2020, citing repercussions related to the COVID-19 pandemic as to why. [16] The shoe chain emerged from bankruptcy two years later. [17]
Movement of the Dow Jones Industrial Average between December 2019 and March 2020, showing the all-time high in February, and the crash in February and March during the COVID-19 pandemic On Monday, 24 February 2020, the Dow Jones Industrial Average and FTSE 100 dropped more than 3% as the coronavirus outbreak spread worsened substantially ...
Chapter 7 bankruptcy is ideal for unsecured loans (such as credit card debt), while Chapter 13 bankruptcy may be best if you have certain assets you want to keep.
Bankruptcy outlook as JCPenney files for Chapter 11 amid coronavirus. May 18, 2020 at 2:09 PM ...
Most bankruptcy attorneys predicted that this will result in increased attorneys fees and will make attorneys less likely to take on some cases. In addition, bankruptcy filings are now subject to audit in a manner similar to tax returns. Increased compliance requirements for small businesses. The new law increases the bureaucratic compliance ...
BNL Technical Services, owned and operated by Wilson Pershing Stevenson, received nearly $494,000 in 2020 from a Paycheck Protection Program loan through the Coronavirus Aid, Relief and Economic ...
The State of California's describes wildfire evacuation COVID-19-related protocols in August 2020. On August 18, San Diego and Santa Cruz were removed from the state watchlist, now consisting of 42 counties. [77] On August 24, Orange, Napa, Calaveras, Mono, and Sierra were removed from the state watchlist. [78]