Attorney Richard Gaudreau

Tag: chapter 11 bankruptcy

Bankruptcy Truths

Bankruptcy has a bad rap.  It's true.  Working in bankruptcy, we see so many of the harsh realities our clients are facing each day.  Outside the bankruptcy circle (including bankruptcy attorneys, financial advisors and even the courts), bankruptcy has a bad image.  "Bankruptcy is great for people who rack up enormous debt and then can't...

Bankruptcies on the Rise amid Economic Recovery

[caption id="attachment_40" align="alignleft" width="210" caption="U.S. Bankruptcy Courts Still Seeing an Increase in Filings"][/caption] U.S. bankruptcies increased 35% over the last year with 1.3 million bankruptcy cases filed between July 2008 and June 2009 as the recession took a steep toll on households and businesses, said the Administrative Office of the U.S. Courts on Thursday.  Leading...