Latest on the Bankruptcy Blog

June 19, 2013 - Posted in Foreclosures

If you have an underwater mortgage and are struggling to overcome your mountain of debt, the threat of losing your home to foreclosure is a terrifying reality. Both you and...

June 18, 2013 - Posted in Money Management

Filing for a Dallas bankruptcy is an incredible opportunity for the fresh financial start you've always wanted. However, getting lenders to trust you with credit again can potentially be a...

June 17, 2013 - Posted in News

Exide Technologies Inc., one of the premier manufacturers of car and truck batteries, has filed for bankruptcy protection through Chapter 11. Filing bankruptcy for the second time in a single...

June 14, 2013 - Posted in News

This week in bankruptcy  news: Patriot Coal workers are planning a labor strike as retaliation for the consideration of cutting union contracts in the company's restructuring efforts. A 10-year  long...

June 13, 2013 - Posted in bankruptcy_blog

It’s estimated that up to 1 million Americans could be too cash-strapped to pay the legal fees of hiring a bankruptcy attorney as they file for bankruptcy. With average costs...

June 12, 2013 - Posted in Filing Bankruptcy

Whether you file for a Chapter 7 or Chapter 13 bankruptcy, your case will be administered by a trustee in the meeting of creditors – otherwise known as a 341...

June 11, 2013 - Posted in Bankruptcy

The internet has ushered in the age of information – and misinformation. In 2013, more bankruptcy myths have popped up than ever before. Despite the ability to fact check online...

June 10, 2013 - Posted in News

The tech world responds in shock today at the news that dotcom pioneer, Halsey Minor, has filed for bankruptcy. Once worth nearly $1 billion, Minor has filed for a Chapter...

June 7, 2013 - Posted in News

This week in bankruptcy news: Jefferson County, Alabama wraps up their historical Chapter 9 filing after striking a deal with creditors. GM made a rare return to the S&P500 this...

June 6, 2013 - Posted in Foreclosures

When people fall behind on mortgage payments, they usually panic and begin to take drastic actions to avoid a foreclosure. Unfortunately, such desperate actions can result in falling victim to...