from The American Bankruptcy Institute
More individuals in the House of Representatives are voicing their opinions on why student loan debt should be forgiven in bankruptcy. In recent months more efforts are being made to provide Congress with more insight on how student loan debt continues to be a huge problem. House Democrat Naomi Jakobsson proposed House Resolution 620 which […]
A former commercial real estate agent and businessman who pled guilty in 2012 to various federal charges was recently sentenced in court. Michael Wayne Harding, 59, of Keswick, Virginia pled guilty to one count each of bankruptcy fraud and wire fraud after waving his right to an indictment. Harding will complete 30 months in federal […]
Bringing you the most up-to-date news, tips and blogs throughout the web. Here’s your Bankruptcy Update for April 15th, 2014 Apollo’s Momentive Performance Files for Bankruptcy Brass Instrument Maker S.E. Shires Files for Bankruptcy Mt. Gox founder won’t appear in U.S. for questions about bankruptcy case
Women’s clothing retailer Coldwater Creek has filed for bankruptcy. The business, originally known as a catalog business 30 years ago, recently filed Chapter 11 bankruptcy protection in Delaware. Coldwater had over 300 store locations in operation but cited declining sales and the downturn of the economy. At one point, the company had revenue peaking at […]
Real Housewives stars Teresa and Giuseppe “Joe” Giudice only paid a small fraction of their debt obligations in the total of $7,500 according to their bankruptcy trustee. Due to criminal charges against the couple it is likely creditors can pursue them for payment again. They have outstanding debt obligations of more than $13 million. The […]
A man behind an investment scheme meant to defraud investors was charged with two counts of bankruptcy fraud. William Marshall Wolfe, 44, of Ridgeland appeared in federal court and indicted on charges related to bankruptcy fraud following a federal investigation involving multiple government agencies. Documents related to the court indictment claim Wolfe devised a scheme […]Bankruptcy News for You
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