San Bernardino, CA- California cities are struggling; plagued with foreclosures and dwindling tax revenues, forcing numerous municipalities to take drastic measures such as bankruptcy to solve their cash flow problems.
New York, NY- Patriot Coal Corp. sought Chapter 11 bankruptcy protection in a New York Court, citing decreased demand due to warmer winters and increased use of natural gas.
New York, NY- Once you’ve gotten in over your head with debt and decided it’s time to file for bankruptcy, you then will have to determine which debt-protection plan you will enter. For individuals they often chose Chapter 13 or Chapter 7, but be ...
New York, NY- Despite our sluggish economy and today’s disappointing jobs report, bankruptcies for businesses and individuals have reached pre-recession levels for the first half of 2012
New York, NY-Any individual who is has is carrying a great deal of debt has probably considered bankruptcy. This is an important decision which affects a person’s credit, and while it may give temporary relief from creditors it is important that ...
Mammoth Lakes, CA- Another California town has filed for bankruptcy this week. This time it is a resort town in the High Sierra Mountains, Mammoth Lakes who filed because of a breach of contract judgment it could not afford.
Reedsburg, WI- Just a week before America prepares to celebrate her independence, a Wisconsin- based company which specializes in selling the stars and stripes has filed for Chapter 11 reorganization.
Washington, D.C. - It’s no secret to any American that our medical system is broken and fixing it is a monumental task. Millions go uninsured with no care at all. And for those that have insurance aren’t doing any better because they struggle to ...
Longmont, CO- The solar industry in America is struggling and yet another company that specializes in solar panel manufacturing has declared bankruptcy. This time it is Longmont, Colorado based Abound Solar Inc.
Stockton, CA- In a 6 to 1 vote, the Stockton City council voted to declare bankruptcy following a contentious five hour debate with bondholders and labor unions.
Helena, MT- The story of World War II Veteran, Warren Bodeker should serve as a cautionary tale for people looking to stave off foreclosure through bankruptcy and emphasizes the need to hire a reputable bankruptcy attorney.
The city of Stockton is preparing to file for bankruptcy this week should mediation talks with creditors fail, making it the largest city to file debt protection.
Beltsville, MD- Ritz Camera Inc. has filed for Chapter 11 bankruptcy again, making it the company’s second filing in three years.
Raleigh, NC- A North Carolina developer, Craig Davis, has decided to place his business in bankruptcy in an effort to reorganize his debts.
Yet another solar firm has filed for bankruptcy protection. NovaSolar Inc. filed for Chapter 11 debt protection in a San Jose court last Friday.
Student loan debt has reached such epic proportions that legislators and students have requested that the bankruptcy laws should be changed, allowing these debts to discharged in court. But a new piece appearing on Loans.org argues that this isn’ ...
Hillsboro, OR- District 30 candidate Adriana Canas (D), running against Shawn Lindsay (R), said she was dropping out of the race because she filed for bankruptcy twice, once in 2004 and again in February.
Atlanta, GA- Pro-football players make a lot of money so it’s surprising how many end up filing for bankruptcy. The latest edition to the pro-ballers bankruptcy hall of fame is former Baltimore Ravens player Jamal Lewis, who filed for debt protec ...
Upper Marlboro, MD- The Ark of Safety Christian Church led by Maryland Senator C. Anthony Muse declared bankruptcy this month seeking to reorganize their debts.
New York, NY- Kodak got both good and bad news from a bankruptcy judge earlier this week when they got permission to sell off some of their patents later this summer, but the Judge Allan Gropper declined to rule on a patent dispute with Apple. Ko ...