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August 2018 Archives

Understanding automatic stays during business bankruptcy

If you are drowning in large amounts of business debt in Massachusetts, you may not be able to climb out of the hole without taking drastic action. Filing for  Chapter 11 bankruptcy protection may be a wise move to help you to break free from your debt. A major benefit of filing for bankruptcy is that you receive a nationwide and immediate injunction against every collection effort made against you, known as an automatic stay. However, there are some exceptions to automatic stays.

Various factors affect real estate purchase decisions

The commercial property industry throughout the United States, including in Massachusetts, is constantly changing due to the various factors impacting it. Some of these changes pose challenges to those interested in making a real estate purchase, but others present promising opportunities. Here is a glimpse at some of the issues impacting the real estate sector at the moment.

Restaurant chain files for Chapter 11 bankruptcy

A restaurant chain in another state recently determined that it needed to take drastic steps to address its lackluster financial situation. It thus decided to file for Chapter 11 bankruptcy protection. Restaurants and other types of businesses in Massachusetts that are struggling to overcome their debt situations can do the same to get back on the path to financial health.

Coworking space in limelight of commercial real estate market

It is no secret that retail companies are having a hard time in the current property market in Massachusetts and elsewhere. However, shopping mall owners are being creative by filling their empty stores with brand-new offices. After all, coworking is becoming a major trend, with coworking companies branching out in the commercial real estate market.

Discount store company seeks Chapter 11 bankruptcy protection

National Stores Inc., a company that operates several discount housewares and apparel stores, recently determined that it was in a poor financial condition. It has thus decided to file for Chapter 11 bankruptcy protection. The company operates stores such as Factory 2-U as well as Fallas, which has had several locations in Massachusetts.

Child custody dispute can make divorce difficult for children

Divorce can be just as hard on the children as it is on the parents. Just as parents react to divorce in a variety of ways, children also react to their parents' separation and child custody disputes, with some being only a little unsettled whereas others are traumatized. Here are a few tips for helping children to cope with divorce in Massachusetts.

Manufacturing firm files for Chapter 11 bankruptcy

An old manufacturing firm in another state recently decided to take drastic measures to remedy its precarious financial situation. It has filed for Chapter 11 bankruptcy protection. Companies facing financial struggles in Massachusetts can do the same in an effort to bounce back financially.

Finding the right commercial real estate leases can be tricky

Finding space available for lease is not a straightforward process that can be completed simply by searching the World Wide Web alone. Commercial real estate leases are a lot more complex, with what seems to be a great deal on the surface potentially turning into a costly nightmare. Here are a couple of important things to look for when on the prowl for the perfect space to lease in Massachusetts.

Financial aspects of divorce can be challenging to navigate

Going through the dissolution of a marriage can be complicated not just emotionally but also financially. For this reason, it is critical that those going through divorce consider the full picture and remain financially cognizant of what is taking place during the proceedings. Here are a few tips for tackling the twists and turns of divorce in Massachusetts.

Land ownership may be lucrative commercial real estate area

Owning nonresidential property can certainly be lucrative for an investor in Massachusetts. For this reason, many investors purchase vacant land with the intention of eventually building commercial buildings on it. Then, once their properties are erected, they can generate money from it in the form of commercial real estate leases or simply sell the property. In other cases, investors simply hold onto the vacant land until they can sell it for a much higher price than they purchased it for. Either way, here are a couple of tips for purchasing vacant land.

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