What is a Power of Attorney?

A power of attorney is a document that a person signs in order to give another person control of managing their financial, medical, legal and/or business affairs if there comes a time they are unable to. A power of attorney can be temporary, such as handling the affairs of someone while they are out of…

Business Bankruptcy: Frequently Asked Questions

What is the difference between chapter 7 and chapter 11 bankruptcy? Businesses usually have a couple of choices when it comes to filing bankruptcy. Chapter 7 bankruptcy is reserved for companies that are struggling so badly they want to throw in the towel. These companies are liquidated, and all assets (and proceeds from assets) are distributed between…