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Bankruptcy Blog

Blog Posts in January, 2012

Does Bankruptcy Always Impact Your Spouse?

Are you considering filing for bankruptcy but are worried it will affect your spouse's credit? If so, you may not need to worry if you have contracted your debt separately. If you have taken on a ...
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Another Fuel Company Files for Bankruptcy

Even though there is an increased demand for alternative fuel products, companies that provide them have been unable to maintain operations in a dismal economy. One such company was forced to file for ...
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Famous Snack Food Producer Seeking Chapter 11 Protection

A famous snack food may no longer be found on store shelves as the company that manufactures the product is filing for Chapter 11 bankruptcy this month. After being in business for decades, this ...
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Character Inspiration Behind Jerry Macguire Files for Chapter 7

The inspiration for "Jerry Macguire", a movie about aggressive professional athlete agents, has filed for bankruptcy this month. According to news sources, he is claiming to have between $1 ...
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131-Year-Old Photography Company Fighting Bankruptcy with Patents

The end of an era is near for one company that has been in business for over 100 years. Investors are sensing financial distress and reports indicate that they have started to sell stock in the ...
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Economic Downturn May Have Prompted Transportation Company to File Chapter 7

Despite the continued need for transportation and delivery companies, a specialty company has been forced to file for bankruptcy. The small company opted for Chapter 7 bankruptcy and has told its ...
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Long Time Photography Company Facing Bankruptcy

A long-time photography company may be forced to shut its doors forever if several sales do not go through. Company executives are prepared to file for Chapter 11 bankruptcy protection but are hoping ...
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Texas Foreclosure Numbers Show Improvement

Some states are closer than others to climbing out of the economic holes they have been in. Texas shows serious promise for getting back on track very soon. According to a state U.S. bankruptcy court, ...
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Rapper Forced to File for Bankruptcy

Despite gaining fame as a talented rapper, one musician has been forced to file for bankruptcy this year. What started out as a Chapter 11 reorganization plan for the rapper has been changed into a ...
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Fast-Food Shop May File for Chapter 11

A popular fast-food sandwich shop chain is working with its creditors to avoid filing for bankruptcy. If the plan to buy out the chain does not go through, however, the chain will be forced to file ...
Continue reading "Fast-Food Shop May File for Chapter 11" »
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