from The American Bankruptcy Institute
Dots, a discount fashion retailer files Chapter 11 bankruptcy. The retailer claims the filing will help reorganize the company while maintaining regular operations. The retailer, also under new ownership, has roughly 400 locations across the U.S. in 28 states. The popular retailer offers affordable fashions including clothing and jewelry for women.
With the economy still struggling to bounce back, many people have decided to start their own business when they were unable to gain employment. Having an entrepreneurial attitude during an economic downturn can be beneficial with proper planning.
Bringing you the most up-to-date news, tips and blogs throughout the web. Here’s your Bankruptcy Update for January 30, 2014 Toni Braxton Buys $3 Million Mansion After Filing For Bankruptcy Hospital bankruptcies a result of trends, not a single event WR Grace’s bankruptcy exit financing deal gets court approval
Filing for bankruptcy doesn’t have to mean you’ve given up on your finances. You don’t have to keep struggling in figuring out how you will meet necessary financial obligations month after month. Chapter 7 bankruptcy can help you wipe out debts while Chapter 13 bankruptcy can help you pay them with an affordable repayment plan. [...]
Vince Young, 30, former NFL quarterback for the Texas Titans filed for Chapter 11 bankruptcy. Just over a year ago there were reports Young was running out of money even though he signed a contract that would guarantee him $26 million. He filed his petition in Houston federal bankruptcy court while battling lawsuits against him [...]
Debtors who are considering filing for bankruptcy may wonder about the credit counseling requirement and why they have to complete it. In short, it is required since it is stated in the bankruptcy code. Yet, if you don’t complete it you may not be able to file your petition when you are ready to seek [...]
What is a bankruptcy petition? This is known as a formal application that plays a significant role in how your financial situation is communicated and reviewed by the bankruptcy court. This is lengthy documentation that includes information the court needs to know while allowing you to present your case. It acts as a written request [...]
Star of reality television series “Dances Moms” emerges from bankruptcy, but many had no idea it was filed in the first place. Abby Lee Miller, 47, just completed her bankruptcy case after running into financial troubles that almost cost her to lose her home and dance studio in Pennsylvania. Thanks to the success of the [...]Bankruptcy News for You
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