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February 2018 Archives

Why are Takata airbags so dangerous?

The Takata airbag catastrophe triggered the biggest automotive recall in the history of vehicles. As of the date of this blog article, automotive manufacturers have recalled approximately 37 million vehicles for Takata airbag problems. Nearly every month we hear of additional vehicles that have been subject to such recalls.

Can you make changes to avoid having to file for bankruptcy?

If your Virginia company is struggling to make ends meet and successful profits seem elusive, the thought of declaring bankruptcy may have crossed your mind. While filing for bankruptcy may provide temporary financial relief, it can have lasting consequences that could tarnish your reputation and make future business ventures more complicated. Fortunately, there are steps you can take to avoid having to file for bankruptcy when you are proactive about implementing these changes right away.

How income affects a person's eligibility for bankruptcy

People in Virginia who are drowning in debt may have a number of options, depending on their situation. However, if every bill comes with stress over how it can be paid, if collection agencies are calling daily requesting payment or if wages are being garnished, the fastest and most effective route to relief may be Chapter 7 bankruptcy.

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