bankruptcy

Bankruptcy - the very sound of the word strikes fear into the minds of those who face its possibility. But Chapter 7 liquidation, Chapter 13 personal reorganization, and Chapter 11 business reorganization can be powerful and effective financial tools for individuals and businesses who do not have sufficient cash flow to pay incoming bills.

Although bankruptcy cases are filed in federal bankruptcy court under a national set of rules, state law determines what property you can keep and protect from creditors.  Business and consumer bankruptcy lawyers often provide extensive and free bankruptcy information to the public through blogs and websites.  As always, however, no source of web-based information can substitute for personal legal advice.

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Latest blogosphere posts tagged “bankruptcy”

• Breaking: Advanta files for bankruptcy — more bad news for small-business borrowers

  
  InvestmentWatch — Authority: 449
  http://money.cnn.com/2009/11/09/smallbusiness/advanta_bankruptcy/index.htm “Advanta’s bankruptcy comes just one week after another top small business lender, CIT Group, filed its own bankruptcy petition. Both companies were hit with a sharp rise in defaults as the recession deepened. Advanta’s default rate ...
  6 hours ago

• The Government Bureaucrats of East Germany Exist in the United States of America Today

  
  The Daily Reckoning Australia — Authority: 551
  In 1949, the Soviets and the Allies divided Germany into two parts. One part followed a traditional capitalistic path to reconstruction. The other part took the socialist road. Remarkably, they kept this test going for 40 years. Of course it was misery for many of the test subjects. People were so eager to get out of ...
  7 hours ago

• Filing For Bankruptcy

  
  GoBankruptcy.net — Authority: 129
  Filing For Bankruptcy Bankruptcy should be seen as the last resort for people who have got themselves into too much debt. It may seem the answer to all your prayers but bankruptcy is only able to solve certain debt issues. Remember, if you have filed for bankruptcy you may find it difficult to obtain credit in ...
  10 hours ago

• Bankruptcy Attorneys From Brooklyn Face the Economic Recession

  
  Finance 411 — Authority: 450
  People move to New York for a wide variety of reasons – if America is the “land of opportunity” for residents of other countries who are moving in, then New York is the land of opportunity for Americans looking to expand their horizons. So with all of the great and diverse opportunities to people of all walks ...
  10 hours ago

• 1983 unemployment was 10%. What is the difference between now and then?

  
  InvestmentWatch — Authority: 449
  Now our personal debt is 3 times greater and savings 50% less and in 1983 we had a lot more factories open. Our national debt is off the charts. If 1983 was bad, then this time is much worse–as in a depression. - Ken “Americans have more than triple the debt they had in 1982, and less than half the savings. ...
  13 hours ago

• Advanta files for bankruptcy -- more bad news for small-business borrowers

  
  DailyFinance — Authority: 790
  Filed under: Economy A deep recession isnt a great time to be in the business of lending to entrepreneurs. First CIT Group had to seek bankruptcy protection last month when it failed to strike a deal with bondholders to rework its debt. And now Advanta ( ADVNB ), a credit-card company specializing in lending to ...
  14 hours ago

• Dealing With Mortgages When Filing For Bankruptcy

  
  Yodle Local Articles — Authority: 154
  Lien stripping is one way that people who file for bankruptcy are able to discharge their mortgages while still keeping their homes. Bankruptcy attorney Benjamin Ginter runs the Law Offices of Benjamin J. Ginter in Cranford, New Jersey. Here, he explains all about this process, and why you would have to file for ...
  14 hours ago

• What Are Secured Creditors and Unsecured Creditors?

  
  Yodle Local Articles — Authority: 154
  Many people don’t realize the difference between secured and unsecured creditors. Bankruptcy attorney Benjamin Ginter, who runs the Law Offices of Benjamin J. Ginter in Cranford, New Jersey, explains how it all works. A secured creditor is someone that has an interest or lien on a piece of property you own. That ...
  14 hours ago

• Problems That Prevent Filing a Successful Bankruptcy

  
  Yodle Local Articles — Authority: 154
  Many problems can prevent you from filing a successful bankruptcy, says bankruptcy attorney Benjamin Ginter, who runs the Law Offices of Benjamin J. Ginter in Cranford, New Jersey. Here, he discusses the pitfalls which may make you have second thoughts about filing. Many people think that filing for bankruptcy ...
  14 hours ago

• Debt Counseling Courses

  
  Yodle Local Articles — Authority: 154
  The idea of a debt counseling course sounds time-consuming and onerous. But these types of courses are actually helpful – and they don’t take a lot of time, says bankruptcy attorney Benjamin Ginter, who runs the Law Offices of Benjamin J. Ginter in Cranford, New Jersey. Here, he explains what they’re all ...
  14 hours ago

• Rebuilding a Credit Report After Bankruptcy

  
  Yodle Local Articles — Authority: 154
  Many people despair at the thought that they may never get credit again after filing for bankruptcy. But the truth is far from that. Bankruptcy attorney Benjamin Ginter, who runs the Law Offices of Benjamin J. Ginter in Cranford, New Jersey, explains how it is possible to rebuild your credit rating. Your credit ...
  14 hours ago

• Does My Spouse Have to File For Bankruptcy If I Do?

  
  Yodle Local Articles — Authority: 154
  Usually spouses file for bankruptcy together. So in most cases, a spouse would still be responsible for debts if their other half filed. Bankruptcy attorney Benjamin Ginter runs the Law Offices of Benjamin J. Ginter in Cranford, New Jersey. Here, he explains what married couples need to know. If one spouse files ...
  14 hours ago

• Bankruptcy Litigation in Usa

  
  Finance 411 — Authority: 450
  
  15 hours ago

• Advanta has filed for bankruptcy

  
  Lucrative Investing — Authority: 143
  Advanta Corp is a company that offers small businesses credit cards in the United States. Yesterday the lender filed for bankruptcy protection. The company, in its filing with the U.S. Bankruptcy Court for the Deleware District, listed assets of $363 million and debts totaling $331 million. The company came into ...
  15 hours ago

• Online Application | New York Yankees® Extra Bases® Credit Card

  
  Finance 411 — Authority: 450
  The New York Yankees® team logo can now be featured on the Major League Baseball™ Extra Bases™ Credit Card issued by Bank of America.    ( www.yankeescreditcardoffer.com ).   This rewards credit card is scoring big with avid baseball fans and credit card consumers across the country.  Like many ...
  15 hours ago

• (Minneapolis) Star Tribune to cut about 100 jobs (Dinosaur Media DeathWatch™)

  
  Stupidica — Authority: 163
  The Star Tribune is cutting another 100 jobs companywide to further shave costs after bankruptcy. The companys operating committee announced the cuts this morning, saying that the "cracking of our historical economic model and the current Great Recession have forced us to move quickly to make meaningful and difficult ...
  16 hours ago

• Getting Bad Credit Debt Help

  
  loans-blog — Authority: 145
  Finding bad credit debt help is possible.  There are varied organizations and corporations that can help you accomplish these goals, too.  Before you concentrate on hiring one of them, take into account what you would like financially to get back on track.  Do you want to consolidate your debts into a replacement ...
  17 hours ago

• What Is a Reaffirmation Agreement?

  
  Yodle Local Articles — Authority: 154
  Reaffirming your debt – and your intention to repay it – can be an important part of a bankruptcy procedure. Bankruptcy attorney Benjamin Ginter, runs the Law Offices of Benjamin J. Ginter in Cranford, New Jersey. Here, he discusses what reaffirmation agreements are all about. A reaffirmation agreement is one ...
  19 hours ago

• Central District of California Filings Break 10,000 in October, 2009

  
  BankruptcyProf Blog — Authority: 122
  From Prof. Lawless data base, the Bankruptcy Data Project: Filings by chapter in the Central District of California in October, 2009: CACB ch 7; 7839 ch 11; 107 ch 13; 2366 total; 10314 This compares to 9,089 total in September,...
  19 hours ago

• Advanta files for Chapter 11

  
  Courier Times Now — Authority: 604
  Advanta Corp., the small-business lender with offices in Montgomery County, filed for Chapter 11 bankruptcy protection late Sunday. The company said the filing was necessary to preserve shareholder value. Advanta said it had about $100 million in assets and owed about $138 million to holders of its retail notes. ...
  19 hours ago

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