How a $15.00/hr. Minimum Wage Increase Would Affect the U.S. The federal minimum wage was created in 1938. Since 1938, in the last 81 years, minimum-wage has increased from $.25 to $7.25.  For the longest time in history, Congress [...]

Toys-R-Us Pays Severance A bankruptcy judge approved a settlement to be paid to 33,000 former Toys R Us workers. The laid-off employees filed a class-action lawsuit against the company. Workers are receiving $2 million dollars. The law firm representing [...]

Bankruptcy Filings Declining in the U.S. Bankruptcy filings in the U.S., according to the Administrative Office fo the United States Courts, were down .9% from March 2018 to March 2019. The statistics show a nation-wide declining trend since 2011. Bankruptcy [...]

Are the Conditions Right to File for Bankruptcy in Las Vegas? Unexpected Snowfall Hits Vegas Las Vegas, Nevada, February 20, 2019 A perfect storm has led to snowfall in Las Vegas this week.  The great 2019 blizzard took [...]

Gymboree Preparing for Bankruptcy Gymboree, the San-Francisco based major children’s clothing retail store, is reportedly filing Chapter 11 bankruptcy.  With over one billion dollars of debt, Gymboree is expected to not only file for bankruptcy protection, but also close all [...]

The Boy Scouts of America teaches youth character, leadership, and outdoor skills. The Boy Scouts Consider Bankruptcy After experiencing huge legal costs, reports say that the Boy Scouts have hired attorneys. The legal fees come from defending the [...]

Mattress Firm Joins Other Companies Who Have Filed Chapter 11 Bankruptcy in 2018 The largest mattress retailer in the country, Mattress Firm, filed for Chapter 11 bankruptcy. The plan for the company is to close around 700 of its stores. [...]

What If I Can't Afford My Chapter 13 Payments? Chapter 13 bankruptcy in Las Vegas and Henderson isn't the most popular chapter of bankruptcy to file.  However, a chapter 13 bankruptcy does grant debtors a 3-5-year grace period to pay off [...]