Latest on the Bankruptcy Blog

Last month, the Governor of New Jersey signed a law that will limit the amount of money that a college student can borrow from the state’s student loan program. The law comes after allegations that the state was utilizing predatory lending practices. Among the new law’s rules: college students in New Jersey will be allowed  … Read more

iHeartMedia Inc. is a mass media company headquartered in San Antonio, Texas and was founded in 2008. The company’s main offering includes radio broadcasting services and owns more than 850 full power radio stations throughout the US, making it the nation’s largest radio station owner. The company also offers outdoor advertising through its subsidiary Clear  … Read more

July 13, 2017 marked a sad day in the wedding business, as Alfred Angelo Bridal, one of the world’s largest manufacturers and retailers of wedding dressed filed for Chapter 7 bankruptcy liquidation and immediately closed all of its stores. The Florida based company included a national chain of 60 of its own stores and 1,400  … Read more

Overspending, loss of a job, medical bills, and lack of savings are amount the top reasons for debt in America. Additionally, high household debt levels are still normal and haven’t changed much since the financial meltdown of 2008. While some forms of debt are avoidable and some aren’t, debt is most likely something that the  … Read more