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Bank9

As More Companies File for Bankruptcy, Their Employees Struggle to Follow Suit

By Bruce S. Rosenwater |

Chances are, if you’re like most people, filing for bankruptcy feels like a sort of personal failure. But it shouldn’t. Right now, hundreds of companies that have lost business due to the coronavirus are filing for Chapter 11, and in some extreme cases, Chapter 7. This leaves their employees without work and struggling with… Read More »

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Bankr26

When is it Time to Talk to a Bankruptcy Lawyer?

By Bruce S. Rosenwater |

With expanded unemployment benefits and mortgage deferments set to run out in August, many Americans will be facing a backlog of payments that they likely can’t afford. The job market hasn’t improved much, and many states remain in various stages of lockdown. Meanwhile, restaurants and bars are still closed as COVID cases spike in… Read More »

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BusBankr

Retail Bankruptcies Reach Highest Number in Over a Decade

By Bruce S. Rosenwater |

Two more retail behemoths have bitten the dust recently. Lord & Taylor and Tailored Brands have both recently filed for Chapter 11 after being crippled by COVID closures. Lord & Taylor is America’s oldest department store. It was recently purchased by Le Tote in 2019. Le Tote has also filed for Chapter 11. Tailored… Read More »

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Bank8

Is Bankruptcy in Your Future?

By Bruce S. Rosenwater |

The situation with COVID-19 is unprecedented, but experts have been warning of a wave of bankruptcies coming in the next few months. As unemployment benefits and mortgage foreclosures are expected to expire, the flood of consumer bankruptcies is coming. However, government safety nets have forestalled (if not eliminated) the wave of bankruptcies. Consumer Bankruptcy… Read More »

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DivCouple12

Kelly Clarkson’s Marriage the Latest Casualty of COVID Quarantine

By Bruce S. Rosenwater |

Kelly Clarkson announced that she and husband Brandon Blackstock are divorcing after seven years of marriage. This announcement came after the couple fled to Montana to quarantine during the COVID-19 outbreak. Clarkson and Blackstock had problems before the COVID crisis but were hoping a change of scenery and environment would be just the thing… Read More »

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Divorce12

Could Divorce Rates Cause a Boom in Property Sales?

By Bruce S. Rosenwater |

Ever since the housing bubble of 2008, property values have steadily increased reaching similar numbers seen prior to the bubble bursting. In fact, real estate has become one of the most stable investments in the country. Why? Because there are more millennials right now seeking homes than there are sellers right now. Low inventory… Read More »

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Divorce8

Angelina Jolie Reveals Why Brangelina is No More

By Bruce S. Rosenwater |

Angelina Jolie has been very private concerning her divorce from fellow actor Brad Pitt. The two were often photographed while together and the media dubbed the couple Brangelina. Since their divorce, Jolie has had primary custody of the couple’s children. Pitt admitted that alcoholism played a role in the couple’s divorce and Jolie later… Read More »

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Div_Money

Zooey Deschanel and Jacob Pechenik Officially Divorced

By Bruce S. Rosenwater |

Zooey Deschanel and Jacob Pechenik have officially finalized their divorce, according to sources. The filing was completed in L.A. Superior Court. The couple will both have joint custody of their two children. Deschanel officially changed her last name to Pechenik when the couple married. She will change her last name back to Deschanel. The… Read More »

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Divorce3

Elizabeth Chambers Files for Divorce After 10 Years with Armie Hammer

By Bruce S. Rosenwater |

Thirty-seven-year-old Elizabeth Chambers has filed for divorce from husband Armie Hammer in Los Angeles. The filing occurred the same day that the couple announced their divorce on social media. The couple told fans that after ten years as best friends, soulmates, and then parents, it was time to turn the page. The couple also… Read More »

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Couple2

Neil Gaiman and Amanda Palmer Announce Divorce

By Bruce S. Rosenwater |

Everyone’s favorite post-punk couple, Neil Gaiman and Amanda Palmer announced the couple had split after nine years together. However, even more recently, the couple announced that they were not getting a divorce and that their personal issues became a tad more public than either of them was comfortable with or expected. The quarantine has… Read More »

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Div5

Mary-Kate Olsen Denied Emergency Divorce Filing

By Bruce S. Rosenwater |

One half of the Olsen twins, Mary-Kate, recently filed for divorce in New York City. She was hoping to get the divorce through the courts quickly, but the judge ruled that her divorce was not an “emergency” despite her petition. This has caused some to speculate as to whether or not the presiding judge… Read More »

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Jamie King Files for Divorce from Kyle Newman

By Bruce S. Rosenwater |

Jamie King recently announced she had filed for divorce from American filmmaker Kyle Newman. King also requested a temporary restraining order against Newman. The fight looks to be trending toward ugly. In the most recent news, King has been granted her request for a temporary restraining order. The last time King spoke of her… Read More »

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ArguingCouple

China Passes Law Requiring “Cooling Off Period” Before Divorce

By Bruce S. Rosenwater |

Everything that is happening to us now in the U.S. first happened in China. After lockdowns placed Chinese couples into close quarters with one another for extended periods of time, several Chinese rushed to the divorce court to end their marriage. In China, you can have a divorce in about an hour if you… Read More »

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Depressed

Derek Chauvin’s Wife Seeks Name Change in Divorce

By Bruce S. Rosenwater |

For the past several days, there has only been one story, the death of George Floyd. Prior to that, there was only one story, the coronavirus and the various fallout expected from the extended lockdown. For the past several days, civil unrest has broken out across the country after America bore witness to white… Read More »

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Bankr19

Economists Predict Spike in Bankruptcies After Coronavirus

By Bruce S. Rosenwater |

The Federal and state governments are doing everything in their power to protect people from the deadly spread of the coronavirus. This not only includes shelter-in-place orders and social distancing, but it also includes provisional amendments to the bankruptcy code and other measures that will prevent foreclosures and evictions. But as we’re still in… Read More »

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DebtDefense

Mortgage Forbearance During the Coronavirus Quarantine

By Bruce S. Rosenwater |

For those who are having difficulty making mortgage payments right now, there are provisions of The CARES Act that may be useful. Due to the national coronavirus emergency, mortgage lenders are offering forbearance  on loan contracts while the state of emergency is still in place. This will allow you to “pause” or reduce your… Read More »

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Div9

Will the Coronavirus Impact Your Divorce?

By Bruce S. Rosenwater |

The coronavirus has taken over just about every aspect of our daily lives. Marriages, as well as society, appear on the brink of collapse. But those who are only now coming to realize that the person they cohabitate with is not their one true love are not the subject of today’s blog post. Today’s… Read More »

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DistWoman3

How to Make Your Marriage Survive the Coronavirus

By Bruce S. Rosenwater |

By now, we’ve already discussed how the virus lockdown affected couples Xi’an and New York City. Suffice it to say, they’re divorcing at higher-than-average rates. So what should you do during the virus lockdown to prevent yourself from wanting to murder your spouse or otherwise engaging in behaviors that are likely to cause the… Read More »

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DivorceCourt

Divorced Couples Navigate Coronavirus Quarantine

By Bruce S. Rosenwater |

As coronavirus fears wreak havoc all over the United States, many divorced couples navigating child custody and visitation arrangements are finding it difficult to keep up with court-mandated orders. This is no excuse, however, and the courts don’t appear to want to allow parents to change visitation and custody schedules because of the virus… Read More »

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DivCouple

How the Coronavirus Changed One Divorced Couple

By Bruce S. Rosenwater |

If you’re like just about anyone, then you heard that the coronavirus was making its way through China and then onto into Italy where it wreaked a tremendous amount of havoc, taking the lives of thousands and grinding Italy’s health care system to a halt as there were not enough beds available. You may… Read More »

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