2012-12-06 04:10
On November 26, 2012 Gary Busey finally got his bankruptcy discharge from the court. Back in February, the lethal weapon star announced he was filing for bankruptcy claiming he owed more tha… Read More
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Read basic bankruptcy information updated by expert and experienced bankruptcy attorney.
2012-11-27 23:22
Last week, Hostess Brands announced it was planning on converting its bankruptcy filing to a Chapter 7 bankruptcy. This created a media storm where many Americans flooded to grocery stores s… Read More
2012-11-20 14:24
November 18, 2002 – It was reported that the US Department of Energy sent a check for just shy of $1 million to A123 systems on the day of their bankruptcy filing. This is getting mor… Read More
2012-11-18 01:54
November 16, 2012, Hostess just announced that they would be going into bankruptcy court today and asking the judge that was presiding over their Chapter 11 bankruptcy to convert it to a Cha… Read More
2012-11-12 01:44
November 12, 2012, it appears that Greece will once again avoid filing bankruptcy by accepting a 2013 austerity budget that was proposed early Monday morning. This was an important step for… Read More
2012-11-10 23:10
Last year was a bad year for the green economy and the US saw many companies that had government guaranteed loans filing bankruptcy because of financial troubles. . We saw many federally ba… Read More
2011-03-14 01:43
When someone needs relief from debt that is too deep to repay. Bankruptcy will stop creditors from harassing the debtor and allows him to take a new look at his financial picture and find a… Read More
2011-03-10 02:34
When it comes to chapter 13 bankruptcy many people begin to grow concerned about their financial welfare. However, there should be an even greater concern for the condition of one’s fu… Read More
2011-03-07 02:36
Prior to 2005, Congress thought that it was too easy to file for bankruptcy. Apparently, it was abuse that spurred the passage of the new bankruptcy laws. Now, anyone considering filing bank… Read More
2011-03-05 18:28
When filing bankruptcy initiates an automatic stay which means that creditors are essentially put on hold. They can no longer take steps to collect the owed money. The court clerk will give… Read More
2011-03-03 18:34
When filing Chapter 13 or Chapter 7 bankruptcy, debtors must perform their intent to surrender, reaffirm, or redeem debt secured by property of the estate within 30 days after the first date… Read More
2006-06-07 11:16
This was a question that many people have when the news broke last week. One of the first household names in video gaming that created iconic games like Asteroids, Centipede and Pong announc… Read More
2006-06-07 11:16
Today, Eastman Kodak Company got approval from the bankruptcy court to sell digital imaging patents to RPX Corporation and Intellectual Ventures for $525 million. This sale brings Kodak one… Read More
2006-06-07 11:16
Last summer, the city of San Bernardino, California entered into bankruptcy filing to get out of unsustainable employment contracts that included Cadillac pensions from CalPERS. CalPERS or o… Read More
2006-06-07 11:16
Who would’ve thought? Ever since the bankruptcy filing of the famed Twinkie maker Hostess, schools are now complaining of having a tough time getting bread for school lunches. While, T… Read More
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