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trustee Tagged Articles
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What is the difference between a Chapter 7 and a Chapter 13 bankruptcy?
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| Sometimes you get into severe financial straits and have to rely on bankruptcy. When this unfortunate happenstance occurs, which form of bankruptcy do you choose? The two major forms of bankruptcy for consumers are Chapter 7 and Chapter 13. Each of these bankruptcy forms are designed to ease and remove debts from you, while at the same time paying off the bills as much as possible. |
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The Pitfalls of Being In Business With Family Members
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| Working with family members can be a very tricky task. This happens when you mix personal relationships with work relationships. There are all types of problems that arise with family business relationships: marriages, divorce, battles about the job, control over shares, and decision making issues. The business can actually be at risk for possible losses if the family members are no able to get along. |
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Other trustee Related Articles
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Buying a Bankrupts Business
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| You can buy a business -- or a "book of business" -- from a trustee in bankruptcy. The question is whether the former owner is allowed to solicit the customers for business in competition with you. |
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BANKRUPTCY TRUSTEES: WHO ARE THEY AND WHAT DO THEY DO?
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| When you file for bankruptcy, a trustee is appointed to your case to help liquidate your assets and to make sure that creditors are taken care of as much as possible. This trustee has a lot of power and rights in your bankruptcy case. Where does the trustee come from, and what rights are granted to him in your case? |
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