Monthly Archives: June 2021
Weinstein Ordeal Costs Hollywood Stars Millions
The third circuit court of appeals has handed down a ruling that could cost Hollywood stars millions. The money is tied up right now in Harvey Weinstein’s bankruptcy. The Hollywood producer became famous overnight after it became known that Weinstein had forced himself on potential actresses. His trial ended in a guilty verdict in… Read More »
What Are Exemptions In Bankruptcy?
Bankruptcy exemptions allow those in Chapter 7 to protect some of their most prized assets from liquidation. Remember, in Chapter 7 bankruptcy your assets are liquidated to repay creditors. On the other hand, Chapter 7 bankruptcy requires that you pass a means test to show that you don’t have enough money to pay your… Read More »