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Bankruptcy Blog

Blog Posts in August, 2011

The Bankruptcy Trustee and Your Case

Have you recently filed for Chapter 13 bankruptcy ? If so, you will soon be assigned a bankruptcy trustee to oversee your case. This person will be responsible not only for reviewing your bankruptcy ...
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What is a Bankruptcy Discharge?

In Texas, if you are about to file for bankruptcy , you are likely to have heard some terms that you are not familiar with. One of these terms – a bankruptcy discharge – is likely the ...
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Bankruptcy and Second Mortgages

Are you drowning in debt? Do you have a second mortgage taken out on your home? If so, filing for Chapter 13 bankruptcy could change your life. You may have heard that filing for bankruptcy will erase ...
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Infamous Gambler Files for Chapter 7

A man once indicted for shaking down vendors at an electronic store is now filing for Chapter 7 bankruptcy in Las Vegas, Nevada. A few years before, the man was one of the best-known high rollers in ...
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Small Business Decides to File Chapter 7 Petition

This week, another company filed its Chapter 7 bankruptcy petition in a U.S. Bankruptcy Court. The company, which has been in existence since 1977, has worked with large organizations to enhance ...
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Solar Panel Company Moves Forward with Chapter 11

After experiencing several quarters of declining interest in the company, a solar panel-producing corporation has decided to file for Chapter 11 bankruptcy . After speaking with the shareholders, who ...
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Restaurant Emerges Strong After Chapter 7 Filing

While many businesses are filing for bankruptcy and closing their doors, one restaurant company is actually looking to open even more stores. The company, known for providing the ambiance of an Irish ...
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Bankruptcy Filings Drop in South Central Texas

Good news for homeowners in South Central Texas: bankruptcy filings have dropped significantly in the area over the past month. According to one bankruptcy researcher, the month of June saw 100 less ...
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Maritime Company Seeks Chapter 11 Protection

After managing others funds for years, one maritime company finds itself filing for Chapter 11 bankruptcy protection. According to the court documents filed in the U.S. Bankruptcy Court in the state ...
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Municipality in Alabama Files for Bankruptcy

With so many businesses and individuals filing for bankruptcy, it should almost come as no surprise that entire municipalities are now seeking bankruptcy protection. This is the case for one county, a ...
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