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 17, 2013 Patriot Coal says bankruptcy court OKs reorganization plan USEC Expects to File for Bankruptcy USEC, Enricher of Uranium for U.S., Seeks Bankruptcy 
A California woman was sentenced to six months in prison after giving false statements in court that resulted in committing bankruptcy fraud. Patricia Bonavito, 59, pleaded guilty to charges related to making false statements under penalty of perjury, while trying to get hundreds of thousands of dollars in debt discharged by the bankruptcy court. Bonavito [...]
Some people may wonder if they need to report the amount of debt they got discharged in bankruptcy when they file their taxes. For the most part, this may not be anything to worry about although it is something you can review with your bankruptcy attorney or tax consultant for clarity purposes. There are several [...]
Is filing for bankruptcy really as damaging as you think it is? For a while, people have been avoiding bankruptcy because of the supposed negativity that happens afterwards. Things really have changed and as more consumers get educated about bankruptcy and how it can help you, you may see this option in a new light. [...]
Bringing you the most up-to-date news, tips and blogs throughout the web. Here’s your Bankruptcy Update for December 12, 2013 Loehmann’s facing new bankruptcy U.S. judge approves ResCap’s plan to end its bankruptcy My Child Support Is Making My Chapter 13 Bankruptcy Tough 
You may hear about why it is important to review your credit report annually to make sure information is current and being reported properly to the credit bureaus. But anyone considering bankruptcy should also review their report to make sure they include all of their creditors in their documentation and schedules. You are required to [...]
If you are concerned about the possibility of losing an asset, then you may want to review options on how to protect them legally prior to filing bankruptcy. Most debtors who file either chapter (Chapter 7 or Chapter 13 bankruptcy) have been able to keep their property after getting a better understanding of how to [...]
Bringing you the most up-to-date news, tips and blogs throughout the web. Here’s your Bankruptcy Update for December 10, 2013 A Silver Lining In Detroit’s Bankruptcy Bus bankruptcy bedevils school districts American Airlines emerges from bankruptcy as new No. 1 as it completes US Airways merger
Consumers who find themselves in a bind may consider getting a payday loan or cash advance against their next paycheck. There are local locations in which you may apply for a payday loan in person and get the cash you need right away to take care of important expenses. Then you have online lenders that [...]
If you are wondering if bankruptcy is the right option for your finances, it may help to review how filing has helped millions deal with their finances. There are advantages to filing that has helped debtors get back on track and gain financial freedom to move forward with their lives. The following points may include [...]Bankruptcy News for You
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