Seder & Chandler, LLP
Worcester 508-471-3018
Westborough 508-709-0024

November 2017 Archives

Several reasons exist to feel thankful during divorce

Getting divorced is a distressing experience, so naturally, finding reasons to complain is often easier than finding reasons to be grateful. However, finding reasons to be filled with gratitude even in the midst of an acrimonious divorce proceeding may make the process more palatable. Here are a few reasons to feel thankful while going through divorce in Massachusetts.

Chapter 11 bankruptcy offers benefits for medical centers

For many business owners in Massachusetts, filing for bankruptcy is a sign that a business has failed. However, the opposite is true. Pursuing a Chapter 11 bankruptcy as a business owner -- particularly as one who owns a medical center -- can lay the necessary foundation for a positive future.

Home costs a factor in property division during divorce

Ending a marriage is an emotionally challenging process, but it is also tough financially. One of the biggest sources of financial conflict during a divorce proceeding is figuring out what to do with the family home. A few tips may help with navigating this aspect of the dissolution of a marriage in Massachusetts.

Breach of contract can be costly

If the world were prefect, any agreement made would be upheld consistently, and both sides would be satisfied with the agreement's outcome. However, the world is not perfect -- especially the business world. For this reason, breach of contract can be a major problem among business owners in Massachusetts.

Chapter 11 bankruptcy filed by apparel retailer

Styles for Less, a teen apparel store based in another state, recently filed for bankruptcy. The Chapter 11 bankruptcy filing was executed in an effort to keep the business afloat at a time when many retailers are struggling financially. Internet commerce is being blamed for the decline in business of many retailers throughout the United States, including in Massachusetts.

Marital debt can be major source of conflict during divorce

Spouses typically do not plan to get divorced. However, divorce is sometimes inevitable, and the process can quickly become complicated and overwhelming. One aspect of divorce in Massachusetts that can be particularly complex is how to handle marital debt.

Plastics company files for Chapter 11 bankruptcy

A plastics company in another state recently decided to file for bankruptcy. Its Chapter 11 bankruptcy filing comes as the company finds itself with more liabilities than assets. A company in Massachusetts that is struggling with large amounts of debt may be able to take advantage of this type of bankruptcy protection, which can offer benefits long term.

A smoother divorce is possible with preparation

A marital separation in Massachusetts can be hard to process for several reasons, including emotional ones. However, one of the biggest sources of conflict during a divorce proceeding is finances. Two individuals who marry each other naturally allow their finances to intertwine, and unraveling those financial ties can be a major challenge and have consequences that last decades.

Businesses seek protection in Chapter 11 bankruptcy

The company that owns Romano's Macaroni Grill recently decided to file for bankruptcy protection. The decision was made because the restaurant is financially struggling as fewer people seek to eat at sit-down restaurants. Like Romano's Macaroni Grill, companies in Massachusetts who are having trouble making financial ends meet may be able to take advantage of Chapter 11 bankruptcy.

Different child custody arrangements possible

When two parents in Massachusetts get divorced, their divorce decree will spell out which parent will get to keep their shared children. It will also detail how visitation will work. Two types of custody that are important to take into consideration when working out a child custody arrangement during divorce are legal custody and physical custody.

Family home may cause conflict during divorce process

During divorce proceedings in Massachusetts, a big decision that a couple may have trouble making is how they will handle the marital home. Typically, they both may have emotional ties to the residence. A couple of options for dealing with the marital home during the divorce process is to sell the house or to simply have one party keep the home.

Island Air carrier files for Chapter 11 bankruptcy

An aircraft carrier in another state recently decided to file for bankruptcy protection. The Chapter 11 bankruptcy protection was sought with the goal of helping the company, known as Island Air, to continue its normal operations while dealing with some legal troubles involving its aircraft lessors. This type of bankruptcy protection can be helpful for companies in Massachusetts and elsewhere that are facing overwhelming financial and legal problems.

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Phone: 508-471-3018
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