from The American Bankruptcy Institute
Earl Simmons, aka hip hop rapper DMX, filed for Chapter 11 bankruptcy protection back in July of this year. But it seems that actions related to his filing are now being questioned by federal authorities. Along with a new lawsuit against the rapper, his legal team has their hands full in trying to get the [...]
Bringing you the most up-to-date news, tips and blogs throughout the web. Here’s your Bankruptcy Update for October 31, 2013 New York City Opera Files for Bankruptcy California pension fund appeals San Bernardino bankruptcy Foreclosure on Property After Bankruptcy?
So, you have decided to file bankruptcy. While this option may be a difficult decision to make, it is significant as you have gotten even closer to establishing the fresh start and financial control you deserve. But, filing does include several processes including filling out forms, completing credit counseling, and appearing before a judge. It [...]
Bringing you the most up-to-date news, tips and blogs throughout the web. Here’s your Bankruptcy Update for October 29, 2013 Billions in Debt, Detroit Faces Millions in Bills for Bankruptcy Gov. Rick Snyder takes stand in Detroit bankruptcy trial Batista’s OGX ends bondholder talks as bankruptcy looms
Every year over one million consumers use bankruptcy as a way to help resolve their debt obligations. Bankruptcy is a unique financial process that includes court-supervision to help stop legal action such as lawsuits, wage garnishment, collections, foreclosure and repossession. While bankruptcy is a powerful tool, you may wonder if it is the best option [...]
Bankruptcy is used by millions of consumers to help them regain financial control. As a significant financial tool it has been used to help stop repossession, foreclosure, and wage garnishment. You can obtain the fresh start you need or get help repaying obligations based on what you can afford without paying interest. It is common [...]
Debtors have the option of filing “pro se” (Latin phrase meaning for oneself), but they are warned the process includes levels of complication when tackled without a bankruptcy attorney. Some think the process is simple since you can easily download forms required online to get your case filed. Although if you fail to file the [...]
Bringing you the most up-to-date news, tips and blogs throughout the web. Here’s your Bankruptcy Update for October 24, 2013 Will Detroit actually enter bankruptcy? Oncor should be well protected from bankruptcy, Moody’s says 11 people who now control Detroit’s bankruptcy future 
In most cases, you cannot be discriminated against because you filed for bankruptcy protection. There are agencies and businesses that may not deny, suspend, or revoke opportunities or privileges because of a bankruptcy filing. Yet, keep in mind there are a few establishments where rules are not as strict depending on the entity. It is [...]
A popular gift shop located just blocks away from the White House has filed for bankruptcy protection. The shop known as the “Official White House Gift Shop” claims it is unable to pay their creditors with outstanding liabilities in the hundreds of thousands of dollars. The shop is known for selling memorabilia and commemorative items [...]Bankruptcy News for You
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