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bankruptcy Tag

Covid-19 Pandemic & Its Impact on Businesses

personal bankruptcy chapter 11 in MD

Covid-19 Pandemic & Its Impact on Businesses Companies large and small are falling prey to the impact of Covid-19. Market experts are estimating that this year will easily set a record for the number of filing for bankruptcies. Even a semblance of a turnaround is unlikely to change the picture. What about individuals? If individuals face dire financial issues, bankruptcy is an excellent chance to press the rest button. For many senior Americans, bankruptcy does bring much-needed relief from debt brought by various factors including medical expenses and the need to help children. A lawyer specializing in chapter 7 bankruptcy in Maryland says, “Bankruptcy is a...

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