Latest on the Bankruptcy Blog

When it comes to credit debt, financial experts believe 2014 could be the year to get above water. With low interest rates and good credit offers, financialists believe the combination of these factors and others are setting up the New Year to be conducive to good debt management opportunities. Take Advantage of Steady Prime Rate  … Read more

The Fisker Automotive company is back in bankruptcy court to determine whether or not another company will be allowed to purchase its assets or whether they will go to auction. The coming weeks will be instrumental in determining the future of the company and its assets, and preparations are being made for how to handle  … Read more

While the majority of bankruptcy law in the United States is governed by federal law, there are certain state related aspects to be considered when filing for bankruptcy. Texas bankruptcy is no different. When filing for bankruptcy in the state of Texas, it is important to understand a few of the rules and regulations that  … Read more

This week in bankruptcy news:A Roman Catholic diocese in Central California filed for bankruptcy protection after paying out millions to claimants in recent years. Two attorneys have been denied in their efforts to collect $700,000 in legal fees for work provided during the last three years in representing Mr. Horvath in his attempts to gain control  … Read more

Before you are able to file for bankruptcy (chapter 7 or chapter 13), the law requires you to meet with an approved credit counseling agency. The idea behind this requirement is to see if there is any possible way to work out your existing debts before pursuing Fort Worth bankruptcy. The problem for many people  … Read more

Foreclosure can be a confusing issue with intricate rules, laws, and methodologies, so it comes as no surprise that millions of American’s have questions concerning what to do with their homes when lenders come knocking.  It is best to speak with a foreclosure attorney when it comes to your questions, but here are a few  … Read more

Filing for bankruptcy can be a confusing and lengthy process, but thanks to your Dallas bankruptcy attorney it does not have to be. One of the things you will likely want to discuss with your bankruptcy attorney concerns the type of claims you will be filing. What’s the Difference? When you and your lawyer go  … Read more

Evergreen International Airlines, based out of McMinnville, Oregon, has announced its intention to dissolve the company by filing for chapter 7 bankruptcy in a Delaware bankruptcy court. The announcement comes as little surprise to those following the company’s struggles over the last few years. The History of Evergreen Originally started in 1960 under the name  … Read more

A recent press release from the Internal Revenue Service announced their plans to open the 2014 tax filing season on January 31. The press release from the IRS also encouraged taxpayers to take advantage of Free File or e-file methods in order to receive the quickest refunds. Wait for End of Month The IRS has  … Read more

Filing for bankruptcy can be a popular choice for those looking to save their home from foreclosure or avoid deficiency judgments. If you are able to combine what is known as foreclosure loss mitigation with your bankruptcy, you could possibly save your home or other personal assets.  What follows is a look at three possible  … Read more