Bankruptcy Legal News Articles & Interviews

Miami, FL Attorney Stephen Nagin is a big picture guy. A well-known Florida attorney and an expert in debt settlement for consumers, Nagin sees even more cash flow trouble for people in the southern states that are directly or indirectly affected by the BP catastrophe.

Chicago, IL For the East Chicago Community Health Center, filing for bankruptcy may have seemed inevitable. The institution just endured its fifth consecutive year of financial loss, prompting the removal of its founder and CEO, Cornell Brantley, and the resignation of its CFO, Ricardo Perez.

New York, NY The Off Track Betting Corporation, one of the oldest legalized gaming companies in the country, recently announced that it will be seeking bankruptcy protection citing dwindling profits and a need for reorganization.

Washington, DC While it was painful, the recent bankruptcy of General Motors (GM) shows that bankruptcy law can be a viable option in the face of insurvivable bankruptcy debt and other challenges stemming from an injured economy. As with GM, many companies and private individuals have emerged from the pain of bankruptcy stronger, with the help of a personal bankruptcy lawyer. But there are still problems out there and according to the Washington Post regulators shut the doors of more banks November 6th.

Toledo, OH The financial meltdown of 2008 has had a huge impact on bankruptcy. Not surprisingly it's up—way up, as bankruptcy debt stemming from the lingering fiscal crisis of last year sent Americans fleeing to their bankruptcy lawyer with the prospect of bankruptcy debt settlement as the only means to survive such troubled times.

Durham, NC: Mainline Contracting, a company that reported more than $80 million in revenue last year, has filed for Chapter 11 bankruptcy protection.

Valrico, FL There is brave talk about one of the worst recessions in history finally ending. That said, bankruptcy and bankruptcy debt continues to be a factor for more and more Americans. Bankruptcy law allows for the means to start again, but the road is hard and the involvement of a personal bankruptcy lawyer is a given.

Washington, DCBankruptcy is something we all fear. Beyond the thought of running afoul of bankruptcy law and the need to secure the services of a personal bankruptcy lawyer, is the hit on personal pride that debt and bankruptcy is certain to deliver. The reality however is that for most, bankruptcy debt is anything but the root cause.

Albany, NY Strict rules protect people who fall into debt from bill collection agencies that use unscrupulous tactics. Unfortunately, there are also armies of debt collectors that routinely break the law. Attorney Chris Gleason, who specializes in bankruptcy and debt repayment issues, says the bad economy has led to some egregious examples of bill collectors zealously breaking the rules of engagement. "Every day, people call me and tell me these incredible stories and I think you must be making this up," says Gleason. "It is just getting worse and worse!"

New York, NY These are tough times and as many as one million Americans will experience the pain and shame of going through personal bankruptcy this year. Unfortunately, it also makes them a perfect mark for fraud artists. New York bankruptcy attorney and all round good guy, Charles Juntikka says he gets at least one call a day at his New York office from former clients that are being tapped by phony debt collectors. "I tell them, 'don't you dare give those people any money, you don't have to, they can't sue you, and they can't hurt you'. It is really terrible."