Every bankruptcy case has creditors.
Some creditors may be paid through the bankruptcy, others are not so lucky.
Some creditors are secured against collateral, such as a car or house; while others are unsecured, such as a credit card or medical bill; others are priority claims such as taxes, child support or alimony.

By Tina Moore and Stephanie Pagone
A 61-year-old livery driver posted on Facebook early Monday that city and state politicians were to blame for his financial ruin — then pulled up to the gates of City Hall and shot himself dead with a shotgun, authorities said.

On the Verge of Bankruptcy?  Here Are Your Options

By Bridget Hillyer

As many of the readers of our blog are aware, we’ve developed a practice representing taxi medallion owners who own “underwater” taxi medallions. An underwater taxi medallion is a medallion valued at less than the bank loan for the medallion.  This blog post is about a successful workout which we negotiated for the owner of an underwater taxi medallion.

Donald Trump is the self-proclaimed “king of debt.” Before becoming president, he built his brand and companies with massive amounts of borrowed money.