Latest on the Bankruptcy Blog

Pinnacle Foods is proud to announce that they have officially completed their refinancing plans as previously stated. By reorganizing their debt, Pinnacle Foods will benefit from lower interest rates and be able to advance its debt maturity profile. The announcement comes after the initial public offering for Pinnacle Foods was a huge financial success. Pinnacle  … Read more

Kodak is on the verge of regaining their financial footing after seeking protection through a Chapter 11 bankruptcy filing in the United States. The company made a huge step to be able to emerge from their financial struggles to settle outstanding debt and recover. To end its Chapter 11 bankruptcy, Kodak is attempting to sell  … Read more

This week in bankruptcy news: A young electric car manufacturing company files for bankruptcy protection this week after selling a a dismal 100 electric sedans in the last year. Meanwhile, Kodak exits bankruptcy a slimmed down version of what it once was; hoping to regain profitability again in the future. Electric Car Maker Files for  … Read more

With the bombs at the Boston marathon and the fertilizer plant explosion in Texas, many Americans are asking what they can do to help. It’s this resilience of the American spirit that encourages people to donate to charities to help out even if they’re across the country. However, the IRS has issued a new warning  … Read more

Filing for a Texas bankruptcy is the perfect opportunity for a fresh financial start. However, avoiding money management mistakes is crucial to ensure that you experience that fresh start, instead of falling into the same bad habits. By exercising proper money management, you’ll be able to restore your financial profile to be stronger than it  … Read more

Homeowners falling behind on their mortgage payments are desperate for any relief that they can find. One of the most popular options is a mortgage modification that allows homeowners to negotiate the terms of their loan. Unfortunately, this incredible option also has drawbacks. Knowing how underwater mortgage solutions affect your credit score can help you  … Read more

With the cost of a college education rising faster than the average salary, it’s no wonder that many young adults are struggling to pay off their student loan debt. Since student loan debt cannot be discharged through a Dallas bankruptcy (or anywhere else in the country, for that matter) it’s important for young adults to  … Read more