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Blog Posts in 2012

Wipe Out Credit Card Debt with Chapter 7

Do you have a lot of credit card debt ? Are you barely able to keep up with your bills because you owe so much on your credit lines? If so, you may want to speak with a South Texas bankruptcy lawyer ...
Continue reading "Wipe Out Credit Card Debt with Chapter 7" »

Slight Increase Reported for Bankruptcy Filings in Tennessee

Across the nation states are continuing to experience fluctuations in bankruptcy rates. In some areas like West Tennessee, there has been a slight increase in bankruptcy filings over the past few ...
Continue reading "Slight Increase Reported for Bankruptcy Filings in Tennessee" »

Ice Companies Facing Economic Hardships File for Bankruptcy

A packaged ice provider has filed for bankruptcy in an attempt to regain its footing in the industry. After the federal government stepped in during 2007 with several probes and investigations, the ...
Continue reading "Ice Companies Facing Economic Hardships File for Bankruptcy" »

LaGrave Field to go Through Foreclosure Auction

A baseball team might be losing its stadium after its owner failed to save it from foreclosure . The Fort Worth Cats will lose LaGrave Field at a foreclosure auction scheduled for next month. Owner ...
Continue reading "LaGrave Field to go Through Foreclosure Auction" »

Timber Company Facing Financial Loss and Legal Trouble

One company is experiencing not only financial loss, but possible legal trouble as well. The Chinese timber company filed for bankruptcy this year just months after being accused of committing fraud. ...
Continue reading "Timber Company Facing Financial Loss and Legal Trouble" »

Small Airline Wants to Convert from Chapter 11 to Chapter 7

A small airline has decided that it will not be able to resume operations as it had originally planned. The company is now petitioning to have its Chapter 11 bankruptcy converted into a Chapter 7 ...
Continue reading "Small Airline Wants to Convert from Chapter 11 to Chapter 7" »

Chapter 7 Isn't Always an Option

Think that filing for Chapter 7 bankruptcy will take care of all your financial problems? If so, you should know that not everyone qualifies for this type of bankruptcy and those that are eligible ...
Continue reading "Chapter 7 Isn't Always an Option" »

Defective Stroller Producer Files For Chapter 7 Amidst Lawsuits

A company that garnered national attention after selling faulty strollers quietly filed for bankruptcy this month. News of the Chapter 7 filing is just now making splashes in the blogosphere and ...
Continue reading "Defective Stroller Producer Files For Chapter 7 Amidst Lawsuits" »

Increase Reported for Companies Filing for Bankruptcy More Than Once

Ever heard of Chapter 22 bankruptcy ? It is actually a made up term that refers to companies that have to file for bankruptcy protection more than once. Just three months into 2012 there has already ...
Continue reading "Increase Reported for Companies Filing for Bankruptcy More Than Once" »

American Airlines Claims Loss of $234 Million Last January

The parent company of a national airline is busy working out bankruptcy agreements with several creditors. The owner of American Airlines announced last week, however, that it lost over $234 million ...
Continue reading "American Airlines Claims Loss of $234 Million Last January" »

Actor Files for Chapter 7 Bankruptcy due to Debt

Despite his recent attempts to get back into the limelight, actor Gary Busey is saying he is broke. The aging actor filed for Chapter 7 bankruptcy last week in California. William Busey, better known ...
Continue reading "Actor Files for Chapter 7 Bankruptcy due to Debt" »

Brokerage Firm Accused of Using Customers' Money to Cover Debt

A large brokerage firm that filed for bankruptcy last year is running into trouble with its customers. The trustee in charge of the large bankruptcy case recently discovered that the company used ...
Continue reading "Brokerage Firm Accused of Using Customers' Money to Cover Debt" »

Tax Preparer to Pay Large Fine Despite Bankruptcy Filing

A tax preparer has been ordered to pay over $46,000 for failing to heed a judge's order. As a result, she has filed for Chapter 13 bankruptcy . D.G.B. worked as a tax preparer in Wisconsin for ...
Continue reading "Tax Preparer to Pay Large Fine Despite Bankruptcy Filing" »

Bankruptcy Filings Drop in January in South-Central Texas

Many areas of the country are seeing a slow return to how the economy was before the recession. One such area, South-Central Texas, saw a significant decline in bankruptcy filings last month when ...
Continue reading "Bankruptcy Filings Drop in January in South-Central Texas" »

Stopping Creditors with Chapter 7 Automatic Stay

Are creditors calling you day and night? If so, you should consider filing for Chapter 7 bankruptcy so that you can receive an automatic stay. Anyone that is approved for Chapter 7 bankruptcy is given ...
Continue reading "Stopping Creditors with Chapter 7 Automatic Stay" »

Online Travel Company Challenges Airline's Automatic Stay

According to reports, an online travel provider is having trouble with a bankruptcy case. Last week, the company received disappointing news from the judge overhearing a Chapter 11 bankruptcy filing ...
Continue reading "Online Travel Company Challenges Airline's Automatic Stay" »

Nevada Leads the Nation with the Most Bankruptcy Filings

Statistics show that there is no debate that personal bankruptcy filings saw a serious decline in 2011. What is up for debate, however, is whether the trend will continue into the New Year. In 2011 ...
Continue reading "Nevada Leads the Nation with the Most Bankruptcy Filings" »

Poor Sales History Leads Company Toward Bankruptcy

After a somewhat poor holiday season, several retailers have felt the economic crunch of reduced consumer spending. One company was forced to file for bankruptcy this month after poor holiday sales. ...
Continue reading "Poor Sales History Leads Company Toward Bankruptcy" »

Legislatures in One State Passing New Foreclosure Law

After the foreclosure debacle of late last year and early this year, state legislators across the country have re-evaluated state laws. A new bill is set to be signed by the governor of one state to ...
Continue reading "Legislatures in One State Passing New Foreclosure Law" »

Baseball Team Bankruptcy Case Nearing Completion

The bankruptcy case regarding a California baseball team has taken years to complete. Now that it is nearly finished, the judge overseeing the case has had just about enough of the quarreling between ...
Continue reading "Baseball Team Bankruptcy Case Nearing Completion" »

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