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Bankruptcy Blog

Blog Posts in 2011

103 results found. Viewing page 1 of 5. Go to page 1 2 3 4 5   Next

Chapter 7 Case Makes its Way to Court of Appeals

A Chapter 7 bankruptcy case has made its way all the way up to a U.S. circuit court of appeals. Luckily for the person affected by the bankruptcy case, the court ruled in a couple's favor. ...
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Swedish Car Company Filing for Bankruptcy

A popular Swedish car company announced this week that it will file for Chapter 11 bankruptcy. This announcement came with much regret after the company had worked for months to secure much-needed ...
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Attorneys in Conflict Over Single Word in Bankruptcy Case

An entire county in Alabama has been forced to file for bankruptcy and the process has not been easy so far. Attorneys have been battling it out in court over the definition of a single word, ...
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Airline Making Changes after Filing for Chapter 11

One airline is going through serious changes after announcing that it will file for Chapter 11 bankruptcy. The new CEO spoke publicly this week to say that while the airline is confident about ...
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Largest Bankruptcy Drawing to a Close

The largest bankruptcy case in history is finally drawing to a close almost four years after it first began. The financial institution that once controlled a significant portion of the country's ...
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Two States Unite to Combat Foreclosure

The attorney generals of two states hit the hardest by foreclosures have decided to band together to help homeowners. Both California and Nevada have been hit especially hard by the foreclosure crisis ...
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TV Star Files for Bankruptcy Twice in One Year

A reality TV star had filed twice for bankruptcy within a period of one year. The 41-year-old filed again in Georgia after her first filing was dismissed. While her attorney is not speaking publicly ...
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Couple Challenges Bank's Foreclosure

Even though a couple is offering to make mortgage payments on their property, the bank is still insisting that it will foreclose on them. The two have filed a lawsuit in Jefferson County, Texas ...
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Bankruptcy Causes Company to Lose Sponsorship

One company will not only lose their corporate sponsorship of a popular basketball team but may also be forced to pay out tens of millions of dollars to its customers. Although information regarding ...
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Animal Sanctuary Shut Down due to Bankruptcy

While most bankruptcy cases involve people fighting to keep their homes, one case involved a bunch of monkeys. An animal refuge that was home to 112 monkeys and one baboon was forced to file for ...
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Several States Experience Increase in Foreclosures

After months of declining figures across the United States, several states saw an increase in foreclosure filings over the past month. According to a company that monitors foreclosures nationally, ...
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Arizona Municipality Faces Bankruptcy

A municipality in Alabama is going to file what could be the largest municipal bankruptcy yet in history. After a meeting of commissioners voted to go ahead with the bankruptcy, the town is now in ...
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Bankruptcy to Stop Wage Garnishments

Are you considering Chapter 7 bankruptcy as a way to stop wage garnishments ? This can work in most states except for four: South Carolina, North Carolina, Texas and Pennsylvania. If you reside in any ...
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Bondholders Negatively Impacted by Chapter 11 Filing

The way in which a holding company is planning on filing for bankruptcy could seriously affect bondholders, but not parent-company shareholders. Earlier this month the parent company announced that it ...
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Judge to Make Decision in Major Chapter 11 Case

After spending months listening to the bankruptcy case of a major media company, the judge presiding over the case is just days away from issuing his opinion. The delay in issuing an opinion has been ...
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Filing for Bankruptcy due to Medical Bills

While no two bankruptcy claims are alike, there are several categories under which most bankruptcy cases can be filed. One of those is medical bankruptcy and it is more common than you may think. As ...
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President Announces Foreclosure Reforms

President Obama has announced a new series of reforms to make refinancing mortgages easier for families that are currently facing foreclosure. The President has contrasted his efforts to reform the ...
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Eligibility for Chapter 7

Under current US bankruptcy law, people who wish to file for Chapter 7 bankruptcy must meet certain requirements in order to be eligible to apply. The first of these eligibility requirements is a ...
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Foreclosures Picking Up Speed

After the pause in foreclosures filings late last year helped some stay in their homes, it seems as though the grace period is over. Recent studies show that even more homes are being placed into ...
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Baseball Team Owner Still Dealing with Bankruptcy Woes

What was first looked at as a keen business move is now serving to make one man's life more difficult. Seven years ago, a businessman purchased a popular baseball team for $421 million. Since ...
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Business Bankruptcy

Chapter 11 bankruptcy is a way of reorganizing the debt of a business. In some cases it may involve the business shutting down, but in other situations a company may file for bankruptcy simply to ...
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How Will a San Antonio Bankruptcy Lawyer Help You?

Your San Antonio bankruptcy attorney can help you with a number of details regarding your Chapter 7 bankruptcy. First of all, a bankruptcy attorney can help you determine whether or not bankruptcy is ...
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Little Funds from Government Foreclosure Program Used

One government program promised $1 billion in financial relief to those who were eligible, but only $432 million of that amount was actually used. The Emergency Homeowners' Loan Program ended this ...
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Lower Rates of Bankruptcy Reported in South Central Texas

South Central Texas has seen some serious fluctuations in bankruptcy filings this year, with recent trends favoring lower rates of bankruptcy. According to on U.S. Bankruptcy Court, bankruptcy filings ...
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Battle for Baseball Team Continues

The battle for a professional baseball team has been going on for nearly one year. Although the owner of the team filed for bankruptcy over twelve months ago, the fight to retain ownership of the team ...
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