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 October 22, 2013 Widow’s Bankruptcy Case Poses Risk to Rent-Stabilized Tenants Casey Anthony settles bankruptcy case French luxury chain Hediard files for bankruptcy 
Many consumers who are struggling financially weigh their options with either bankruptcy or debt consolidation. While both options can help you deal with debt, in some cases, one may present more advantages than the other. When you compare pros and cons of each, you may get a better idea which option may be best for [...]
The stepson of legendary actor Mickey Rooney has filed bankruptcy following a court order claiming he owes his stepfather over $2 million for an elder abuse settlement. Rooney, 93, claims his stepson Christopher Aber and his wife Christina, took money from his bank accounts, refused to feed him food, and kept him from receiving his [...]
How long a bankruptcy case lasts depends on which chapter you file. Chapter 7 bankruptcy can eliminate or discharge eligible debt within a matter of months. Chapter 13 bankruptcy can help you repay debt obligations within an average of 3 to 5 years. Since each person’s situation varies, the length of your case may also [...]
Bringing you the most up-to-date news, tips and blogs throughout the web. Here’s your Bankruptcy Update for October 17, 2013 JCPenney stock falls over false bankruptcy rumor Puerto Rico Denies Bankruptcy And Takeover Rumors Park Cities’ Bank Holding Company Files for Bankruptcy 
A federal grand jury returned a 24-count indictment on former Enron Executive Jeffery Adam Shankman, 46, that included concealing assets with bankruptcy fraud. He is expected to make his appearance before a U.S magistrate judge upon turning himself in to authorities. His charges include purposely hiding assets from creditors and the bankruptcy trustee who was [...]
Deciding to file for bankruptcy is a major step toward financial freedom, that is, once you explored all of your options and thoroughly examined your situation. In getting an idea of whether filing is best for you, there are a few questions to think about that may put your circumstances into a better perspective. How [...]
Bringing you the most up-to-date news, tips and blogs throughout the web. Here’s your Bankruptcy Update for October 15, 2013 Bridgewater-based Savient Pharmaceuticals files for bankruptcy Bondholders Seek to Force Suntech Into Bankruptcy in U.S. Bankruptcy trustee targets Catholic schools 
Groeb Farms, a major honey supplier in the United States since 1981, has filed for Chapter 11 bankruptcy in Detroit, Michigan. The filing comes after the supplier was accused of buying Chinese honey illegally. The supplier supposedly was making illegal honey purchases in order to avoid anti-dumping tariffs imposed in 2001 by U.S. trade regulators. [...]
A Mansfield, Ohio man was found guilty on more than 24 charges in connection to a mortgage fraud scheme that caused several banks, including J.P. Morgan Chase and Washington Mutual Bank, to lose over $1 million. David R. Sharrock, 71, pleaded no contest to a slew of charges that included bank fraud, conspiracy, wire fraud, [...]Bankruptcy News for You
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