WORCESTER 508-471-3018
Metro West 508-709-0024

April 2018 Archives

Bertucci's pizza chain seeks Chapter 11 bankruptcy protection

Massachusetts pizza company Bertucci's recently decided that it was in dire financial straits and therefore had to make a change. That change came in the form of a Chapter 11 bankruptcy filing. The filing took place on a Sunday, with many restaurants closing as a result.

Prenuptial agreements may not be enforceable in certain scenarios

Sometimes, marriages do not last, no matter how hard two spouses try to make it work. When divorce cannot be avoided, one of the most valuable tools a couple in Massachusetts can have in their arsenal is a prenuptial agreement. However, prenuptial agreements are worthwhile only if they are created properly.

Number of Chapter 11 bankruptcy filings rising

A number of businesses have come across devastating financial problems lately, especially those in the retail industry. In fact, the number of brand-new Chapter 11 bankruptcy filings in the United States, including in Massachusetts, spiked more than 60 percent year over year this past March, with the number of filings jumping by 299. The filing count jumped to 770 -- the highest figure recorded in a month's time since April of 2011.

Debt and property division may pose challenges during divorce

Without a doubt, getting divorced is not an easy process emotionally or financially in Massachusetts. One of the most challenging aspects of divorce to address is property division. This is particularly true for divorcing spouses who have large amounts of credit card to divide along with assets such as money and real estate.

Pets becoming even more of a fighting point during divorce

When two spouses decide to get divorced, they split their property and usually share custody of the children. However, what happens to Rufus, their dog? If they both have an affinity for Man's Best Friend, this can easily spark conflict during a divorce proceeding in Massachusetts.

Securing financial future after divorce is possible

A marital breakup in Massachusetts can be emotionally and financially difficult at any age. However, those above 50 face an extra challenge, in that they do not have many years to bounce back from divorce financially before they reach retirement age. A couple of tips may help these individuals to prepare effectively for retirement in the years ahead.

Remington files for Chapter 11 bankruptcy protection

One of the oldest manufacturers of guns in the United States, Remington, recently determined that it needed to take aggressive action in light of its financial situation. The company thus chose to file for Chapter 11 bankruptcy. Companies in Massachusetts that are facing financial struggles may also benefit from this type of bankruptcy filing.

Research indicates link between genetics and divorce

Sometimes getting divorced in Massachusetts is unavoidable if two spouses cannot resolve their differences. However, recent research shows that the tendency to get a divorce runs in people's genes. This may offer some solace for those wondering why they could not prevent their marital breakups from happening.

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Worcester Office
339 Main Street
Suite 300
Burnside Building
Worcester, MA 01608

Phone: 508-709-0024
Phone: 508-471-3018
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Westborough, MA 01581

Phone: 508-709-0024
Fax: 508-831-0955
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