Category: Bankruptcy

Understanding the Needs in Somerville

Being a Memphis bankruptcy lawyer , I've practiced in and around Somerville for 37 years, and I know its struggles and triumphs and how much Somerville depends on its farming. When the farming economy is good, the Somerville economy is good. And when farms suffer, Somerville suffers. Unfortunately, that means income is never really certain. Farming comes wth a lot of unexpected costs and risks, and regular life brings twists too. Even when the economy is doing OK,... Read More
Posted by Darrell Castle at Friday, Jul 29, 2016 | 0 comments
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India Pushes to Have All the Advantages of Bankruptcy

India has passed its first national bankruptcy law, which it hopes will help speed up the process for companies overwhelmed with debt. The law has been celebrated by investors, and that's probably because it reflects why bankruptcy is such a valuable option. If you're struggling with debt you can't pay, perhaps you could use some of these advantages: Bankruptcy increases payments to lenders.  A lot of people don't realize bankruptcy actually helps... Read More
Posted by Darrell Castle at Wednesday, Jul 20, 2016 | 0 comments
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Hiring a Bankruptcy Lawyer If You Need Workers Comp or SSDI

I recently had a potential client reach out to me with questions about bankruptcy. He'd been injured on the job and was receiving some worker's comp, but it wasn't enough. He was also looking into Social Security Disability Insurance (SSDI) to help cover costs.  This is a very common problem for injured workers. As I discussed on this blog last week, changes to worker's comp laws are making it very hard for people injured on the job to get the benefits they... Read More
Posted by Darrell Castle at Tuesday, Jul 12, 2016 | 0 comments
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What We Can Learn from the Gawker Bankruptcy Case

Gawker, the website known for its attention-grabbing headlines and conversational take on tabloid news, filed for bankruptcy earlier this month. The announcement came after a $140 million legal judgment in an invasion-of-privacy lawsuit by the former wrestler Hulk Hogan. Gawker is filing Chapter 11, which is specifically designed for businesses, but there are a lot of things anyone in debt could learn from this story: 1. Bankruptcy can be caused by one terrible event. In... Read More
Posted by Darrell Castle at Wednesday, Jun 29, 2016 | 0 comments
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3 Reasons Not to Pay for Your Vacation with Credit

This time of year, many of us are making vacation plans. Whether it's a humble roadtrip, a luxury cruise, or a simple staycation, it can be tempting to stretch your finances and spend more than you have.  I'm here to beg you not to. And here are 3 reasons: Your interest charges can build up. There's a reason so many credit card companies encourage travel spending. They know many families are willing to pay anything for happy memories, even if... Read More
Posted by Darrell Castle at Tuesday, Jun 21, 2016 | 0 comments
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