Impacts of Chapter 11 Bankruptcy on Franchise

The COVID pandemic has forced a large number of restaurants into bankruptcy 1. Of course, the restaurant industry heavily relies on a system of franchising to conduct operations. Franchisors sell the rights to operate using their brand and trademarks. Franchisees are independent business owners who conduct their operations under the terms of the agreement. Because …

What Businesses Going Through Bankruptcy Can Learn From Chuck E. Cheese

In 2020, Chuck E. Cheese ran out of tokens. The pizza and entertainment company filed for Chapter 11 bankruptcy protection as the COVID-19 pandemic brought its in-person, interactive business model to a halt. Following complex legal procedures and a large number of filings, the company emerged, having shed $705 million in debt and improving its …

COVID-19 Foreclosure Avoidance Program in Nevada

COVID-19 foreclosure avoidance programs have provided welcome relief for residents of Nevada during the pandemic. Avoiding foreclosure is on the minds of many. There are programs available to Nevadans that can help. The Home Means Nevada programs and the Hardest Hit Fund are two opportunities that may fit Nevada homeowners’ needs. Does Nevada Have a …

Safeguards Against Business Bankruptcies in a Post-COVID World

The COVID pandemic has changed the ways that people do business. Business owners today need new strategies to survive and thrive in a post-COVID world. Part of thriving is having a concrete plan to avoid bankruptcy. Our Las Vegas bankruptcy lawyers have 16 tips for safeguarding your business from bankruptcies in a post-COVID world. 1. …

Divorce Rates During COVID-19

The COVID-19 pandemic has been hard on everyone. Many people found themselves suddenly unemployed and unable to make ends meet. Schools have shuttered, and plans have changed. Unfortunately, the sudden upheaval has left married couples in challenging positions at times. Many may be wondering how COVID has impacted the divorce rate. The answer may surprise …

National Rifle Associate (NRA) Declares Bankruptcy and Plans to Incorporate in Texas

Texas flag (U.S. state) Gun Control USA. United States Gun Laws.With more than 5 million members, the National Rifle Association (NRA) commands a presence wherever it goes. Founded in 1871 in New York, the organization seeks to improve marksmanship skills and defend gun ownership rights. However, the NRA may soon be carrying out its mission …

Boring Company Poised To Expand on Bankrupted Las Vegas Monorail

The Las Vegas Monorail closed its doors for months when the COVID-19 pandemic hit, but it’s finally getting a fresh start. The Las Vegas Convention and Visitors Authority (LVCVA) purchased the Monorail in December 2020. Now, there are big plans to expand services with the help of the Boring Company and its founder, Elon Musk. …

How to File For Bankruptcy Without An Attorney

Most people use an attorney to file for bankruptcy. However, if you’re determined to go it alone, you need to make sure that you get it right. Here’s how to file for bankruptcy without an attorney. 1. Determine What Chapter to File To file for bankruptcy without an attorney, you must start by determining what …

Your Guide to Criminal Misdemeanors in Nevada

A misdemeanor is not as serious as a felony charge. However, it can still have negative consequences if you don’t handle it the right way. An experienced attorney who handles misdemeanors can help guide you through the process and possibly avoid jail time or have the charges dismissed altogether. Here is a comprehensive guide to …

Bankruptcy For Independent Business Owners

No one hopes for a bankruptcy. The word alone often ignites feelings of anxiety and dread. However, bankruptcies are nothing to feared or be ashamed of, as they can often alleviate an extraordinary amount of stress and debt and give you hope again. Further, the stereotype of an individual “losing everything” during a bankruptcy is …