Bankruptcy filing is not something that anyone wants to go through, but it is a process that has become more commonplace than ever before all throughout the country. After all, bankruptcy filing can happen in many different ways – and there are more kinds of bankruptcy cases and bankruptcy filing procedures than the average person might have realized (until now, that is). For instance, bankruptcy filing can be conducted by an individual person, but the process of bankruptcy filing can be conducted by a business as well.
According to data gathered surrounding chapter 11 bankruptcy filings, we can clearly see that many of the businesses that must go through the bankruptcy filing process are small businesses. After all, up to 90% of businesses that file for chapter 11 bankruptcy will actually have less than 50 total employees – or 50 employees at the very most. In addition to this, such companies going through the chapter 11 bankruptcy filing process will have no more than $10 million in annual revenues – as well as no more than this very same amount in total assets and liabilities as well.
Bankruptcy filing can be a confusing process for a person or a business who has never gone through it before, but fortunately the average bankruptcy lawyer can help. This bankruptcy lawyer can help the people in need of bankruptcy filing to understand bankruptcy law far more fully than they otherwise would have. Such a lawyer can also help to make a difficult process as easy as it can possibly be.
Aside from bankruptcy law, it is also very important to discuss the matter of environmental law as fully as is possible, especially when we consider the fact that environmental law is growing every more important here in the United States. After all, very nearly half of all adults throughout the United States have become concerned about at least one aspect of the environment, from volatile organic compounds to air quality to carbon emissions to radon found in homes and posing a health risk to many unknowing families. Of course, there are far more environmental topics that people have become concerned with.
Water conservation is one of them, and implementing laws to support at least some level of water conservation has certainly become a hugely important aspect of environmental law in today’s day and age. After all, over the next few decades it has been estimated – likely quite accurately so – that up to one third of all counties throughout the continental United State will experience some level of water shortages. In order to prevent this from happening – or becoming even worse that that – it will be hugely important to take action now, before things get bad. Implementing environmental law is just one way that this can be accomplished.
And may other types of law exist as well. As many a mediator will be well aware of, divorce cases are commonplace all throughout the United States. In fact, even a first marriage will eventually end in divorce as much as 42% of the time. With each subsequent time that a person gets married, the odds of the marriage ultimately ending in a divorce climb by quite the considerable amount. Fortunately, working with a mediator and going through the process of divorce mediation can be incredibly beneficial for moving the divorce process along in a timely manner. A mediator can also play a key role in preventing the divorce form becoming too contentious to be productive, something that must particularly be avoided if custody needs to be decided for minor children that the couple may have had during their marriage or even before it.
A mediator can also be beneficial for deciding matters surrounding personal injury litigation. After all, personal injury cases are quite frequent, and are made up of everything from car accident cases to cases of professional malpractice. For many people here in the United States, employing a mediator will ultimately be more than worth the upfront cost, as a mediator can help to prevent the case from ever needing to go to trial. In fact, only about 4% of all personal injury cases ever actually do.