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Bankruptcy Legal Information and Alternatives Related Articles:

Bankruptcy changes lives

Capitalism without bankruptcy is like Christianity without hell."-- Frank Borman, former CEO of bankrupt Eastern Airlines, in 1986 Bankruptcy, once regarded as a shameful and humiliating failure, has b...

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Credit Counselors

When Congress rewrote the bankruptcy laws last year to impose legal hurdles on those trying to wipe away their debts by filing bankruptcy, it probably did not envision what has happened since. A major component of the refo...

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Changes to both Chapter 7 and Chapter 13

Every aspect of bankruptcy, including the filing process, debt repayment, and re-filing for bankruptcy has changed dramatically. Here is a brief summary of how the changes apply to Chapter 7 and Chapter 13 bankruptcy proce...

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Updated Bankruptcy Related News:

Obama Transition Said to Consider a ‘Prepack’ Auto Bankruptcy (Bloomberg)

Nov. 21 (Bloomberg) -- President-Elect Barack Obama ‘s transition team is exploring a swift, prepackaged bankruptcy for automakers as a possible solution to the industry’s financial crisis, accord...


Anixter to book expense over NetVersant bankruptcy (AP via Yahoo! Finance)

Anixter International Inc. said Friday it plans to record an expense of about $20 million to $22 million to boost its reserve for doubtful accounts due to the bankruptcy of a customer, NetVersant Sol...


Poncin Yachts Gets Two-Month Extension of Bankruptcy Protection (Bloomberg)

Nov. 21 (Bloomberg) -- Poncin Yachts , the French maker of Harmony sailboats, said it was granted an extension of its bankruptcy protection for at least two months.


California cities, beset by budget gaps, consider bankruptcy (McClatchy Washi...

When the city of Vallejo, Calif., filed for bankruptcy protection in May, the logical question was: Is this a sign of things to come?


Anixter International Inc. Comments on Customer Bankruptcy (Broadcast Newsroom)

GLENVIEW, Ill. , Nov. 21 /PRNewswire-FirstCall/ -- Anixter International Inc. (NYSE: AXE), a leading global distributor of communication products, electrical and electronic wire & cable, fasteners...



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