from The American Bankruptcy Institute
Bringing you the most up-to-date news, tips and blogs throughout the web. Here’s your Bankruptcy Update for December 19, 2013 ‘Safe Harbor’ in Bankruptcy Is Upended in Detroit Case LightSquared Proposes New Financing as Way to Emerge From Bankruptcy The Year’s Bankruptcy News in 11 Chapters
A recent report released by the National Consumer Law Center (NCLC) shows evidence that debt collectors may be forcing more families into poverty. The report claims that many states across the country may not offer as much protection to consumers from debt collectors that allow them to sustain necessary living needs when it comes to [...]
A Florida bankruptcy judge will allow Casey Anthony to discharge most of her outstanding debt. Anthony filed for bankruptcy protection earlier this year after accumulating hundreds of thousands of dollars in liabilities with much of the debt being legal fees. If she has any criminal fines or student loans she would still be responsible for [...]
Whether you plan to file bankruptcy in the near future or it is something you are considering, one aspect to help you understand your financial situation includes reviewing outstanding debts owed. Many consumers have a good idea of which creditors they owe, but sometimes things can become questionable when a debt collector contacts you out [...]
A California man who pleaded guilty earlier this year to fraudulently concealing assets in his bankruptcy case was sentenced to six months in federal prison. Mark Hagen, resident of La Jolla, admitted he lied to the bankruptcy court about his assets when he filed for protection in 2008. He failed to be honest about thousands [...]
Many debtors feel bankruptcy is their final option in helping them regain financial control. While there are filing fees and credit counseling fees that are required, many wonder how they can pay if they can’t afford to pay their creditors. You may even have the notion of saying why bother paying for an attorney when [...]
Chapter 13 bankruptcy is a repayment plan that restructures debt obligations to help you make affordable payments each month. The plan is designed to help you get out of debt or help you catch up on debts you may have fallen behind on. Making a purchase in Chapter 13 such as a vehicle may be [...]
Bringing you the most up-to-date news, tips and blogs throughout the web. Here’s your Bankruptcy Update for December 19, 2013 Ski center slaloms toward bankruptcy finish line Bankruptcy Auction Yet to Produce Buyer for Atlantic Club Bankruptcy judge suspends trial over proposed swaps settlement 
Debtors considering Chapter 13 bankruptcy may want to know how much they are required to pay during the plan. Understanding what you will be required to pay will depend on several factors. Your monthly income, type of debt, and ability to make payments will have an effect on what you will pay. There are certain [...]
Sometimes debtors just need to face the facts when it comes to throwing in the towel on their finances. You may have been trying to make payments or find ways to make your money stretch in an effort to avoid filing because of silly misconceptions about why you should avoid it. It is possible you [...]Bankruptcy News for You
Updated daily, this blog will keep you informed on the latest bankruptcy news!
Bankruptcy Questions Answered
Learn more about how Bankruptcy works and what you need to know.