Bringing you the most up-to-date news, tips and blogs throughout the web. Here’s your Bankruptcy Update for March 13th, 2014 Pacific Steel Casting Files for Bankruptcy Protection Chanel West Coast Files For Bankruptcy Ashley Stewart looks to shed 27 stores in Chapter 11

There are times in which money becomes a problem for married couples looking to end their marriage, bankruptcy at some point may be something either or both spouses are considering.  Some may wonder if it is best to file for one over the other while others may want to do them both at the same […]

Baldridge v. Douglas Stanley Ellmann (In re Baldridge), Appeal No. 13-1700 (6th Cir., Feb. 3, 2014).

The automatic stay in bankruptcy is the notice that puts creditors on notice that they cannot take certain actions against you in terms of collecting the debt.  The automatic stay is created immediately upon filing of the bankruptcy case whether or not official notice has been received by that creditor or not.  The automatic stay+ Read MoreThe post What Is The Automatic Stay In Bankruptcy? appeared first on

A federal jury in the state of Missouri recently found a woman guilty of making a false statement during a bankruptcy proceeding.  Shelley R. Callahan, 49, of Clinton, Missouri also known as a serial bankruptcy filer for filing multiple petitions in a short time period, appeared in court to face a jury in relation to […]

The overhaul of the U.S. Bankruptcy laws in 2005 significantly impacted the way secured debt is handled in a bankruptcy proceeding. Those changes were to the great benefit of debtors, our clients. Secured debt is a loan where you have pledged an asset (most commonly a car or a house) as collateral. In the event you do not repay the loan, the creditor has the right to take possession of the property, sell it, and recover what money it can from the sale.

By Mary Ann Gorman
Mt. Gox is in the hot seat as they were granted Chapter 15 bankruptcy protection by the U.S. on Monday. This move prevents traders in the U.S. from taking legal action against them for the current time, protecting their U.S. assets.

Madison did research on the bankruptcy means test.  Then she emails me for help. Hello. I have been doing some research and I believe my husband and I should file for Chapter 7 Bankruptcy but I’ve taken the means test and our income is well over what I’ve seen the limit for a three household […]The post Madison emails about the Bankruptcy Means Test appeared first on Robert Weed.

Bringing you the most up-to-date news, tips and blogs throughout the web. Here’s your Bankruptcy Update for March 11th, 2014 Sbarro pizza chain files for bankruptcy Mt Gox bitcoin exchange files US bankruptcy papers Judge Approves Edison Mission Plan to Exit Bankruptcy