from The American Bankruptcy Institute
Medical bills continue to be one of most common reasons why consumers file bankruptcy. Even if you have health coverage it can be challenging to pay co-pays for doctor visits, prescription medications, and make payments on bills your insurance did not cover. Millions of Americans continue to juggle their finances by trying to make their [...]
Bringing you the most up-to-date news, tips and blogs throughout the web. Here’s your Bankruptcy Update for February 11, 2014 Vince Young Settles Bankruptcy, Plans Return to NFL First Mariner Bancorp files for bankruptcy Former Baywatch star Donna D’Errico files for bankruptcy
A company in West Virginia blamed for the chemical spill that left hundreds of thousands of residents without safe drinking water has filed for bankruptcy. Freedom Industries Inc.
Bankruptcy has created stereotypical views of consumers who file for protection. While each situation is different, you should not let rumors, misconceptions, or false presumptions steer you from learning the facts about filing. There are people who have been known to be careless about their finances and seek protection. Yet, most cases do not include [...]
Debtors may wonder if they can keep their vehicle in a Chapter 7 bankruptcy case if they are still making payments on it. Others may wonder what can happen if they have been unable to make payments but they still want to retain the vehicle. Even though there are two options a debtor may have [...]
Nicole Eggert, 42, former star of the television show “Baywatch” files bankruptcy with this filing being her third attempt in one year. Eggert filed a Chapter 13 bankruptcy petition to restructure financial obligations and catch up on mortgage payments to prevent foreclosure of her home. She filed bankruptcy twice in the last year with both [...]
There are too many debtors who think they can file bankruptcy protection and feel the court doesn’t need to know everything about their finances. The bankruptcy code is established with federal regulations providing a fair option for debtors who truly need financial help. When you abuse the law to your benefit you could face serious [...]
Former NFL quarterback Vince Young, who recently filed bankruptcy, is now seeking to have his case dismissed. Attorneys representing Young claim they have reached a settlement with his largest creditor, Pro Player Funding in regards to a loan he took out with the company during the NFL lockout in 2011. Young had filed Chapter 11 [...]Bankruptcy News for You
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