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Bankruptcy Blog

Blog Posts in October, 2010

Tribune Company Gives Official Bankruptcy Exit Plan

In an effort to keep its operations intact, the Tribune Company recently gave the Federal district Court in Delaware a formal bankruptcy exit plan for its review. The company, which owns the Los ...
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Federal Trade Commission Backs New Debt Settlement Law

The Federal Trade Commission has recently backed a new law that will make debt settlement more legitimate. It will prevent debt settlement companies from asking for fees upfront, but rather allowing ...
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Avoid Do It Yourself Bankruptcy

When people are considering filing for bankruptcy in the state of Texas, they often wonder why they need to enlist the services of a San Antonio bankruptcy lawyer . While you can certainly file for ...
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Behind on Your Mortgage?

According to experts, if you are behind on your mortgage payment, one of the best things you can do is contact your lender. Experts say that lenders may be open to working out a plan with you that ...
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Bank of America to Resume Foreclosures

This week Monday, Bank of America made an announcement that it would resume foreclosures in the 23 states that currently require judicial approval. Bank of America decided to move forward with ...
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California Megachurch Filing for Bankruptcy

The Associated Press has announced that the Crystal Cathedral, a megachurch in Southern California, has filed for bankruptcy . The church reportedly has debt that surpasses $43 million. Aside from ...
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Harrisburg Considering Alternative Program to Bankruptcy

At this time, the Harrisburg city council is looking for bankruptcy advice and is said to be soliciting attorneys as it decides whether or not to enroll in the state's distressed cities program. ...
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Toni Braxton Files for Chapter 7 for Second Time

In Los Angeles, it has been reported that the singer and Grammy award winner Toni Braxton has filed for bankruptcy for the second time in her career. In her Chapter 7 paperwork, Braxton claims that ...
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