Latest on the Bankruptcy Blog

A representative of the 46th Assembly District in Brooklyn has been indicted on bankruptcy fraud charges in addition to allegedly stealing thousands of dollars from government agencies and a host of additional charges. The 11 count indictment that was unsealed in federal court in Brooklyn on Tuesday, January 9th included two counts of wire fraud,  … Read more

As retail clothing stores continue to drop like flies amid increased competition from discount retailers and e-commerce companies, A’Gaci filed for Chapter 11 bankruptcy reorganization in the U.S. Bankruptcy Court for the Western District of Texas this week. A’gaci is a San Antonio-based women’s apparel and accessory retailer Chapter 11 Reorganization Bankruptcy Chapter 11 reorganization  … Read more

College student loan debt in the U.S. has risen to over $1.3 Trillion in 2017 affecting nearly 70% of all graduates. As the student loan debt crisis in America continues, choosing a college savings plan for your children increases in importance. With several different college savings plans available, however, you may find it difficult to  … Read more

Are you currently in debt with no debt pay off plan? If you answered yes, you aren’t alone. In a recent report by LendingTree, more than a quarter of American have no definitive plan to repay their debt. This is a growing problem in the country as U.S. household debt tops $13 trillion. There is  … Read more

The United States Gross Domestic Product (GDP) is a widely accepted measure of the health of our economy. This week the fed announced that Q3 GDP grew at a rate of 3.3%, a level of growth America hasn’t seen since 2014. This news should be a beacon of light to everyone working hard to improve  … Read more