Recent Posts in Bankruptcy in the News Category
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Posted on May 6, 2012 By South Texas Bankruptcy Lawyer
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" »
Posted on Apr 29, 2012 By South Texas Bankruptcy Lawyer
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" »
Posted on Apr 15, 2012 By South Texas Bankruptcy Lawyer
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" »
Posted on Apr 8, 2012 By South Texas Bankruptcy Lawyer
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" »
Posted on Mar 25, 2012 By South Texas Bankruptcy Lawyer
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" »
Posted on Mar 18, 2012 By South Texas Bankruptcy Lawyer
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" »
Posted on Mar 11, 2012 By South Texas Bankruptcy Lawyer
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" »
Posted on Feb 26, 2012 By South Texas Bankruptcy Lawyer
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" »
Posted on Feb 19, 2012 By South Texas Bankruptcy Lawyer
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" »
Posted on Feb 12, 2012 By South Texas Bankruptcy Lawyer
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" »
Posted on Jan 27, 2012 By South Texas Bankruptcy Lawyer
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" »
Posted on Jan 22, 2012 By Malaise Law Firm
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" »
Posted on Jan 15, 2012 By Malaise Law Firm
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" »
Posted on Jan 1, 2012 By Malaise Law Firm
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" »
Posted on Dec 18, 2011 By Malaise Law Firm
One young man is fighting to keep his spot on the Olympic team despite the bankruptcy lawsuit that is keeping him in the country. The 24-year-old hopes to join the Olympic swimming team for Australia ...
Continue reading "Swimmer's Bankruptcy Lawsuit May Keep Him Out of the Olympics" »
Posted on Dec 11, 2011 By Malaise Law Firm
A national dental group announced that it would be filing for Chapter 7 bankruptcy along with 14 related companies. The company went before a bankruptcy judge in New York this week to discuss the ...
Continue reading "National Dental Group Moving Forward with Chapter 7" »
Posted on Dec 4, 2011 By Malaise Law Firm
If you live in Texas and have met a serious amount of Californians recently, you are not imagining things. According to recent figures, there has been a serious influx of people moving from California ...
Continue reading "Californians Flocking to Texas" »
Posted on Nov 27, 2011 By Malaise Law Firm
Even churches are not immune from financial difficulties. A cathedral in Orange County, California filed for Chapter 11 bankruptcy earlier this year and now has hopes of emerging from bankruptcy ...
Continue reading "Church Has No Choice but Bankruptcy" »
Posted on Nov 20, 2011 By Malaise Law Firm
A county in Alabama has gotten the approval to file for bankruptcy . This will be the largest municipal bankruptcy filing to date in the nation. After a group of the county's leaders met to ...
Continue reading "Alabama County Gets Approval for Bankruptcy" »
Posted on Nov 13, 2011 By Malaise Law Firm
Although attorneys in Wisconsin report seeing a decline in personal bankruptcy filings towards the end of the year, most say that this is a short-lived trend. The general consensus amongst bankruptcy ...
Continue reading "Attorneys Say Bankruptcy Trend Will Continue" »
Posted on Oct 23, 2011 By Malaise Law Firm
A broadcasting company that owns three television stations in one city and other channels in a few other locations has filed for Chapter 11 bankruptcy . The broadcasting company filed for bankruptcy ...
Continue reading "Broadcasting Company Files for Chapter 11" »
Posted on Oct 16, 2011 By Malaise Law Firm
Dealing with foreclosure may not only be a personal and financial hit, but it can also affect your health. A recent study conducted by doctors at one school of medicine shows that those who were in ...
Continue reading "Study Shows Foreclosures Can Hurt People's Health" »
Posted on Oct 9, 2011 By Malaise Law Firm
Companies both large and small are being affected by the lagging economy, including a couple-owned business based out of Nebraska. The company, which manufactures outdoor wood furnaces, was forced to ...
Continue reading "Economy Forces Company to File for Chapter 7" »
Posted on Oct 2, 2011 By Malaise Law Firm
Even though a bank in Indiana filed for Chapter 7 bankruptcy nearly two months ago, the first meeting of creditors was not held until last week. This meeting, also known as the "341 ...
Continue reading "Bank Attends 341 Meeting as Bankruptcy Moves Forward" »
Posted on Sep 25, 2011 By Malaise Law Firm
It is one thing to steal money - it is quite another to take it from the elderly. Yet, that is exactly what one man did in Texas when he stole nearly $7 million from senior citizens. The 77-year-old ...
Continue reading "Man Gets Jail Time Post Bankruptcy Filing" »
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