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New Mexico Lawyers Serving New Mexico's Legal Needs Since 1997

November 2018 Archives

David's Bridal files bankruptcy

Much to the chagrin of brides across the country, renowned bridal gown chain David's Bridal recently filed for Chapter 11 bankruptcy protection on November 19, 2018. The company missed a large debt interest payment back in October, and announced the prospective bankruptcy shortly thereafter.

What debts are nondischargeable in a Chapter 7 bankruptcy?

Chapter 7 bankruptcy is well-known as a debt relief mechanism because it is so effective at relieving the debtor's financial burdens. Even so, there are certain types of debt that will remain after the debtor receives a Chapter 7 discharge.

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