Today In Bankruptcy – 10-03-2013

nyc-operaBringing you the most up-to-date news, tips and blogs throughout the web. Here’s your Bankruptcy Update for October 03, 2013 Failed Kickstarter Forces NYC Opera to File for Bankruptcy Caught in the Nation’s Largest Food Fraud, Groeb Farms Files for Bankruptcy Financial plan for historic church is flawed, bankruptcy court says

9 Reasons Why Consumers File Bankruptcy

9 Reasons to File BankruptcyThere are times filing bankruptcy is necessary in order to maintain a level head and to keep from drowning in debt.  If you find yourself relating to any of the following reasons, you may want to discuss your situation further with an experienced bankruptcy attorney. Obtain a fresh start.  You don’t have to keep struggling [...]

Will the Shutdown Cause Small Businesses to File for Bankruptcy Relief?

Here is an interesting article from NBC News about how the recent Government Shutdown could affect small business owners and lead to possible bankruptcy filings:
Will Government Shutdown Lead to Bankruptcies?

Adam Brown is a bankruptcy attorney for Dexter & Dexter, a debt relief agency helping people file for bankruptcy.

Rent stabilized leases in Chapter 7 bankruptcy (continued)

As many readers of our e-mails and blog are aware, if an individual resides in an apartment with a rent controlled or rent stabilized lease and files for personal bankruptcy under Chapter 7 of the Bankruptcy Code, the trustee assigned to the case can assume, assign and transfer the bankruptcy estate's rights and interests in the lease to the landlord, pursuant to § 365 of the Bankruptc

Ratings Agency Hammers National Collegiate Student Loan Trust In Response To High Default Rates

Fitch RatingsFitch Ratings, a major agency that gauges the health of financial instruments, sees a river of red in the private student loan market.
With anywhere from 22% of 55% of trusts issued by National Collegiate Student Loan Trust, Fitch Ratings on October 1, 2013 downgraded 42 classes of the portfolio.
That may not mean much to you, but consider the broader context.

Property Revested in Chapter 11 Debtor Even Though Not Schedulede

Miami Personal Bankruptcy Lawyer Jordan E. Bublick has over 25 years of experience in filing Chapter 13 and Chapter 7 bankruptcy cases. His office is centrally located in Miami at 1221 Brickell Avenue, 9th Fl., Miami and may be reached at (305) 891-4055.  www.bublicklaw.com

Property Revested in Chapter 11 Debtor Even Though Not Schedulede

Miami Personal Bankruptcy Lawyer Jordan E. Bublick has over 25 years of experience in filing Chapter 13 and Chapter 7 bankruptcy cases. His office is centrally located in Miami at 1221 Brickell Avenue, 9th Fl., Miami and may be reached at (305) 891-4055.  www.bublicklaw.com

Debtors Pass Means Test But Case Dismissed Based on the Totality of Circumstances of the Debtors' Financial Situation

Miami Personal Bankruptcy Lawyer Jordan E. Bublick has over 25 years of experience in filing Chapter 13 and Chapter 7 bankruptcy cases. His office is centrally located in Miami at 1221 Brickell Avenue, 9th Fl., Miami and may be reached at (305) 891-4055.  www.bublicklaw.com

Debtors Pass Means Test But Case Dismissed Based on the Totality of Circumstances of the Debtors' Financial Situation

Miami Personal Bankruptcy Lawyer Jordan E. Bublick has over 25 years of experience in filing Chapter 13 and Chapter 7 bankruptcy cases. His office is centrally located in Miami at 1221 Brickell Avenue, 9th Fl., Miami and may be reached at (305) 891-4055.  www.bublicklaw.com

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