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Bankruptcy: A Solution for your Debt?

Every year, more than a million Americans file for bankruptcy. Filing for bankruptcy can be a major, life altering decision, affecting your future credit and limiting your ability to apply for things such as credit cards or a car loan, that need a good credit rating. It can be a scary prospect. However, with the help of a bankruptcy lawyer, filing for bankruptcy may be the best decision to make and may be the best way out of your situation. Rebuilding your credit may not be as difficult as you may think.

BANKRUPTCY ARTICLES AND INTERVIEWS

Energy Company Plans to File Bankruptcy
Energy Company Plans to File Bankruptcy Basehor, KS: Ethanex Energy is seeking bankruptcy protection after failing to raise interim financing in the amount of $1.5 million, according to a March 24, 2008 posting with security regulators. [ Read More ]
Bankruptcy Debt Help: Interview with Bankruptcy Lawyer
Bankruptcy Debt Help: Interview with Bankruptcy Lawyer Phoenix, AZ: In the wake of soaring credit card debts and subprime loans, a bankruptcy wave is likely to hit the US anytime soon. Nationwide, attorneys are getting more calls from people who are having financial problems; more calls from small businesses; more calls from individuals who have credit card debt and more calls from home owners. [ Read More ]
Budget Woes May Force Vallejo to Declare Bankruptcy
Budget Woes May Force Vallejo to Declare Bankruptcy Vallejo, CA: Bankruptcy may be in the near future for Vallejo because of a budget crisis that is only getting worse due to rising payroll expenses, failing tax revenue, and a slumping housing market. On Thursday, the city council is expected to vote on whether or not they agree with the city manager's advice that the city should file for Chapter 9 bankruptcy. Chapter 9 bankruptcy would give the city the ability to renegotiate its debts with its creditors. [ Read More ]

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IN THE NEWS

JUN-19-08: Bankrupt music label TVT Records, home to rappers Pitbull and Lil Jon, will sell its recorded music arm and other assets to The Orchard, a New York-based distributor of digital music. [NY POST: BANKRUPT TVT RECORDS] JUN-19-08: Battling through bankruptcy, Frontier Airlines will cut teo daily flights from Denver to Louisville, KY, starting Aug-25. [ROCKY MOUNTAIN NEWS: FRONTIER AIRLINES BANKRUPTCY] JUN-19-08: A new study finds that bankruptcy filings for people 65 and older has more than doubled since 1991, while those 34 or younger have shown the greatest decrease in bankruptcy filings. [SOUTHERN STUDIES: BANKRUPTCY STUDY]
JUN-19-08: Wild West World amusement park in Wichita, has been purchased for $2.15 million through the US Bankruptcy Court. The amusement park closed two months after its opening. [FORT MILLS TIMES: AMUSEMENT PARK BANKRUPTCY] JUN-18-08: Fremont General Corp. has filed for Chapter 11 bankruptcy protection, thus allowing its sale to CapitalSource to complete with shareholder approval. [OCBJ: FREEMONT FILES FOR BANKRUPTCY] JUN-18-08: Trump Tower builder SimDag/RoBEL, is seeking protection from its creditors by filing Chapter 11 bankruptcy, claiming $50 million in liabilities. [BIZ JOURNALS: TRUMP TOWER BUILDER BANKRUPTCY]

[SHARE YOUR STORY]YOUR STORIES

Up A Creek With Out A Paddle
Pregnant is how I start this story. I had just been removed from my parents plan and not even a day after I find myself pregnant. I call multiple insurance companies, stating that I would throw money at them to cover me. No dice.
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EMERGING ISSUES

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Countrywide Financial Corp Served with Two Lawsuits
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SETTLEMENTS

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Age Center $200,000 settlement in post bankruptcy debt lawsuits.
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Bankrupt Money Manager Former officers to pay $10.7 million settlement in fraud lawsuit.
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Dairy Bankruptcy Intesa Sanpaolo SpA agrees to pay Parmalat SpA 310 million-euro settlement.
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[FREE CASE EVALUATION]IN YOUR OWN WORDS

Breech of Social Security number
Defendant: State of Nevada
I file a BK in 1999. I discovered on July 4th, 2007, that the court document was on line in five different places and had my social security number as well as my birthdate. I need to have this file closed, I have had my bank account breeched, credit inquires, etc. I am not disputing that the BK is public information, but my ss number is not.
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Bankruptcy Debt Help

Do any of these situations sound familiar?

  • A medical crisis has you drowning in medical bills
  • You are unemployed or have been laid off of work
  • You are facing a divorce
  • Your credit card balances are out of control
  • You are faced with unmanageable debt from credit cards, personal loans, or mortgages
  • You are unaware of your bankruptcy options, including Chapter 7 or Chapter 13

    bankruptcyWith legal help, you may be able to qualify for bankruptcy.

    Bankruptcy lawyers can stop wage garnishments, repossessions, foreclosures, bankruptcy lawsuits and creditor harassment. We can evaluate your credit card debts, loans, and mortgages with comprehensive debt and bankruptcy consultation.

    Bankruptcy solutions can help you keep your home, your car, and your wages.
  • Bankruptcy Legal Help

    The new bankruptcy law took effect October 17, 2005, so if you are curious as to whether or not bankruptcy could be an alternative for you, click the link below to complete this FREE legal evaluation form.

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