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Recent Posts in General Bankruptcy Information Category

97 results found. Viewing page 1 of 4. Go to page 1 2 3 4   Next

Filing for Bankruptcy and Divorce

Filing for divorce and filing for bankruptcy can be two very important decisions that you make and you may en d up being faced with these decisions around the same time. Both should be done with ...
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Proof of Claim

One of the many details involved in a bankruptcy case is known as the "proof of claim." What is this proof of claim? After a borrower has filed for bankruptcy, the creditor will submit their ...
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Fewer Bankruptcy Filings May Not Necessarily Indicate an Improving Economy

After a steady increase over the past several years, the number of bankruptcy filings in the U.S. is finally on the decline, although this may not necessarily indicate that the economy is improving. ...
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Los Angeles Dodgers File for Bankruptcy

The Los Angeles Dodgers filed for bankruptcy in a Delaware court on June 27 th, making it the third baseball team to file for bankruptcy in the past three years. Upon filing, the team was cleared to ...
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Star Chef Geoffrey Zakarian Files for Bankruptcy

Geoffrey Zakarian is a celebrity chef in his own right. He participates in four programs on the Food Network, including "Chopped", and has operated a number of high-profile restaurants over ...
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Disorganization or dishonesty? Lenders are making it difficult to get straight answers

As it is, mortgages are complicated. They become far more complicated when borrowers fall behind on their payments. Banks routinely transfer the notes underlying a property. Fees and charges stack up, ...
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Texas Congressman Files for Bankruptcy

Representative Rubén Hinojosa, a Texas congressman who is currently on the House Financial Services Committee, filed for personal bankruptcy earlier this year. According to court documents, ...
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Lessening the Impact Bankruptcy Has on Your Credit Score

Although it is certainly true that bankruptcy may negatively affect a filer's credit score, sometimes for years after the discharge, there are steps that a debtor can take to lessen the impact. ...
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Vegas Restaurateur Andre Rochat Files for Bankruptcy

Andre Rochat, chef and longtime Las Vegas restaurateur, filed for Chapter 11 bankruptcy on July 8 th, along with three of his businesses. Chapter 11 bankruptcy is a form of bankruptcy that involves a ...
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Teens Are Finding It Difficult To Land Summer Jobs

Before the job market took a turn for the worse, it used to be that teenagers found summer jobs with relative ease. Even high school drop outs didn't have to spend too long looking for employment. ...
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Bankruptcy Filings Down in First Half of 2011

According to a report by the American Bankruptcy Institute, U.S. consumer bankruptcies have fallen 8% in the first half of 2011, as compared to the same time period in 2010. Last year, bankruptcy ...
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Consumers are Still Borrowing, but Less on Credit Cards

Consumers throughout the U.S. are borrowing again, but many are reluctant to borrow on credit cards. According to statistics from the Federal Reserve Board, the amount of outstanding credit card debt ...
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Debt Control Starts With Self-Control

If you are one of many Americans over your head in credit card debt, paying off your cards may be easier said than done. Some borrowers see paying down debt as denying themselves the things they want ...
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Can we take on the challenge of living within our means?

The recent recession has brought to light a key issue of concern: Americans' failure to live within their means. When the real estate market was on the rise, credit was all too easy to get and many ...
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Rebuilding Credit after Foreclosure

How long will it take your credit score to recover after foreclosure or a short sale? The answer to this question will vary depending on the unique circumstances of your financial situation. It ...
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The Thrill and Worry of Starting a New Job

A recent series of articles by Tamara Keith of NPR ( www.npr.org ) follows one woman's search for a job in today's tough employment market. The most recent installment of the series follows Annica ...
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The Harsh Consequences of Lies in Bankruptcy Court

One of the most important things to remember as a borrower filing for bankruptcy protection is that you must be completely honest in all dealing with the bankruptcy court. These are legal proceedings, ...
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The Three Biggest Bankruptcy Myths: How Filing Will Affect Your Life

There are a number of myths surrounding bankruptcy and how it may affect you as a borrower. Here we will dispel three of the main myths on this important subject: Myth #1: Filing for bankruptcy is a ...
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March 2011 Job Report – Moving in the Right Direction

According to CNNMoney.com's latest monthly jobs report, the job market has continued to improve. March 2011 statistics indicate that the unemployment rate dropped down to the lowest percentage since ...
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New Student Loan Study Focuses on More Than Default Rates

A recent report by the Institute for Higher Education Policy has shed light on the burden that student loan borrowers face. The institute went further than other research by looking at students who ...
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How Does Bankruptcy Affect My Interest Rates?

It is an instant relief when after you file bankruptcy, the creditors' harassing phone calls stop but that stress is replaced by dealing with a severely damaged credit report that makes getting credit ...
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Can I Use a Credit Card Before I File Bankruptcy?

We understand that the reason you are considering bankruptcy is most likely using your credit cards beyond your financial needs. Many times, debtors are forced to use their credit cards to pay for ...
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How Can I Get a Credit Card When I Have Bad Credit?

Having bad credit won't necessarily prevent you from getting a credit card, but it can make it much more difficult. Here are some tips that will help you get a new card and start to build your credit ...
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My Spouse is Filing Bankruptcy. Is it Best to File Alone or Together?

This question is a difficult one to answer without knowing your entire financial situation, whether you are looking to file Chapter 7 or Chapter 13, as well as what assets and debt you both have. ...
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5 Ways to Avoid Going to Jail Over Your Debt

Collection agencies are using extreme methods when going after debtors. They are now going through the court system to collect which gives you two options: show up and pay up or go to jail. First, the ...
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