las vegas chapter 7 Archives | Page 3 of 16 | Haines & Krieger

Sole Proprietor During Chapter 7 Bankruptcy

An incorporated business is separate and distinct from its owner. “The law” recognizes Microsoft as distinct from Bill Gates, just as Mary Smith’s Onion Buns, LLC is separate and distinct from it’s owner, Mary Smith....








Chapter 7 Bankruptcy Timeline

A no-asset Chapter 7 bankruptcy case is streamlined to take as little time as possible. The typical case is over in about three to four months. To keep the case moving along, the federal law has imposed certain...




Royalties During Bankruptcy

Revenue generated by property is part of your bankruptcy estate. This includes any earnings produced by contracts that were in effect when you filed for bankruptcy. For instance, if you signed a record contract and...




Switching Chapters During Bankruptcy

When a voluntary bankruptcy case is filed, the debtor announces his or her intent to proceed under a specific chapter of the Bankruptcy Code. There are three chapters the debtor may choose from: 7, 11, or 13. Chapter 7...