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Bankruptcy Blog

Blog Posts in June, 2010

Bankruptcy and Your Credit Report

What is a credit report? A credit report is essentially a detailed history of your credit behavior. Your report tracks: § how many accounts you have open or closed § if you have accounts in ...
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What is Liquidation?

One question that people commonly have when they are considering filing for consumer bankruptcy is "what is liquidation?" and "what assets can be liquated?" These are normal questions and people ...
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WaMu Delays Reorganization Hearings

In Wilmington, Delaware, it is reported that Washington Mutual Inc. delayed its hearings to discuss the company's chapter 11 bankruptcy proceedings. The company is working to satisfy its shareholders ...
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Blockbuster Working with Bondholders to Operate During Bankruptcy

Dallas based video rental giant, Blockbuster, is allegedly working with its bondholders. At this time, the company is rumored to be in the midst of negotiations with bondholders to obtain $150 million ...
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Foreclosure FAQ

What is foreclosure? Foreclosure is a process that occurs when a homeowner falls behind on his or her mortgage payments to lenders or financial institutions. Once homeowners fail behind on their ...
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3 Ways a San Antonio Bankruptcy Lawyer Can Help You

People who choose to file for consumer bankruptcy, whether it is Chapter 7 or Chapter 13, often feel bittersweet. That is normal and to be expected. Anytime we have to confront our finances, it can be ...
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