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Bankruptcy Blog

Blog Posts in December, 2011

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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