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Bankruptcy Blog

Blog Posts in July, 2010

Tips to Avoid Bankruptcy

If you believe that you are on the verge of bankruptcy and you know that your debt has gotten out of control, you may wonder what you can do to avoid filing for Chapter 7 or Chapter 13 . This is ...
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Bankruptcy Warning Signs

Did you know that each year, the number of consumer bankruptcies filed in the United States has increased. This fact is especially true in large cities, like San Antonio. In 2009, approximately two ...
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5 Consumer Bankruptcy Fresh Start Tips

If you are filing for chapter 13 bankruptcy or chapter 7 , there are several things you can do to ensure a fresh start post- bankruptcy . Below, our legal team has provided 5 tips: 1. Take the time to ...
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Auction Date set for Texas Rangers

Daniel Kaplan of the SportsBusiness Journal recently stated that U.S. Bankruptcy Judge Michael Lynn announced that he will uphold the auction of the Texas Rangers, which will take place on August 4 th ...
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Giudices Conceal Assets during Chapter 7 Bankruptcy

This week, several stories have emerged regarding the details of Teresa Giudice's bankruptcy . Giudice stars on the hit show "Real Housewives of New Jersey" which is aired on Bravo. Court paperwork ...
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Trump Entertainment Emerges from Bankruptcy

News sources claim that Trump Entertainment has moved one step close to emerging from Chapter 11 bankruptcy following approval from the New Jersey Casino Control Commission. Trump Entertainment ...
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The Role of a Bankruptcy Trustee

After people have filed their Chapter 7 or Chapter 13 bankruptcy petitions, a bankruptcy trustee will be appointed to their cases. Essentially, a bankruptcy trustee is designated to oversee people's ...
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U.S. Bankruptcy Statistics

When it comes to the topic of consumer bankruptcy , there are many statistics that are surprising. Below, we have listed statistics that were compiled by Harvard Professor Elizabeth Warren. The study ...
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Who Can File for Chapter 13 Bankruptcy?

In the United States, consumers may file for chapter 13 bankruptcy if they: § are a U.S. resident § have a source of proven, regular income § owe less than $290,525 in unsecured debts § owe less than ...
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Dermontti Dawson files for Chapter 7 Bankruptcy

This week, it is reported that former Pittsburg Steelers All-Pro center Dermontti Dawson filed for chapter 7 bankruptcy . Dawson filed his petition with the U.S. Bankruptcy Court in Lexington, ...
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