Houston Bankruptcy Blog
Posted on Aug 1, 2012
General Motors filed for a government assisted bankruptcy in 2009, and it appeared as though the company was flourishing after a little needed governmental financial assistance. That however, is not ...
Continue reading "General Motors: Not Recovering Well After Bankruptcy" »
Posted on Jul 31, 2012
If you are married, a common question when filing for bankruptcy is whether or not it will hurt your spouse’s credit, and if the debt will be held against them. This is a good question to ask, ...
Continue reading "Will My Bankruptcy Hurt My Spouses Credit?" »
Posted on Jul 26, 2012
Linda Brice graduated from college over 30 years ago, is a U.S. Coast Guard Veteran, and now is a first grade teacher at a Los Angeles elementary school. Due to a defaulted loan of roughly $3,000 from ...
Continue reading "L.A. Teacher Has Her Wages Garnished Due to a 30 Year Old Loan" »
Posted on Jul 23, 2012
Russell Wassendorf Senior was arrested for stealing over $100 million from his customers through his business, Peregrine Financial Group. While it is appreciated that he confessed of his crimes, ...
Continue reading "Jailed Businessman Seeks to Protect His Assets After Bankruptcy" »
Posted on Jul 20, 2012
It is stated that in America 1.5 million older people are facing the challenges of losing their homes. That number doesn’t include the millions more that are on the brink of bankruptcy or ...
Continue reading "Foreclosure Hurts More for Older Americans" »
Posted on Jul 18, 2012
American Airlines has been on their way into bankruptcy for many years now, and within the last 8 months finally filed for it officially. There are possible signs though, that point to this company ...
Continue reading "American Airlines Possibly on the Road to Financial Recovery" »
Posted on Jul 10, 2012
We all know that talk isn’t cheap. But one man from Ipswitch, Massachusetts almost went bankrupt from the cost of conversation. According to the US and World News Report, AT&T recently sued ...
Continue reading "AT&T Sues Over Outrageous Phone Bill; Defense Avoids Bankruptcy" »
Posted on Jul 9, 2012
A Bank of America customer with the initials R.P. is in a rocky financial situation, but not because he has had a lack of money in times past. In fact, R.P. stumbled upon a fortune when an ATM falsely ...
Continue reading "ATM Costs Bank a Fortune, Sends Customer to Near Bankruptcy" »
Posted on Jul 3, 2012
The City of Stockton in California has officially declared that it is filing for bankruptcy. However, this isn’t just any event. The city of Stockton will now go down in history as the largest ...
Continue reading "Stockton Bankruptcy Makes History" »
Posted on Jun 29, 2012
When you are trying to tighten your budget because of refinancing or a bankruptcy, it may seem very difficult to find a way to cut the costs of clothing. No matter how much you want them too, those ...
Continue reading "Saving Money on Your Clothing" »
Posted on Jun 27, 2012
If you are thinking of coming to college in Texas, then you may be making the perfect choice for your future. However, many people who attend a university in this state will have to take out student ...
Continue reading "The Cost of College in Texas" »
Posted on Jun 22, 2012
When you choose to file for bankruptcy protection, your aim is to satisfy your creditors. Often people file for bankruptcy to avoid foreclosure or to eliminate the constant barrage of phone calls and ...
Continue reading "Can you Discharge you Traffic Ticket Through Bankruptcy?" »
Posted on Jun 20, 2012
If you are a boat or aircraft enthusiast, and you need to file for bankruptcy, you may be worried. When you are filing for a Chapter 7 bankruptcy you are agreeing to liquidation. This can result in ...
Continue reading "It's a Boat, It's a Plane, It's a Bankruptcy!" »
Posted on Jun 15, 2012
All over America, times are hard. Right now many people are experiencing money troubles in their homes and at their work. A new study by Equifax, a credit reporting firm, shows that small business ...
Continue reading "Small Business Bankruptcies in Houston on the Rise" »
Posted on Jun 13, 2012
The Justice Department is concerned with the costly attorney's fees that are circulating throughout America. They say that some firms are charging over $1,000/hr. for their services. The irony is ...
Continue reading "$1,000/hr. Bankruptcies Catch the Government's Attention" »
Posted on Jun 7, 2012
You may feel like filing bankruptcy is the only option, but maybe you're also concerned about what that means for your car. People work hard in order to get the money that they need to buy their ...
Continue reading "Your Car and Your Bankruptcy" »
Posted on Jun 5, 2012
We often hear the sad stories of people who were forced to file for bankruptcy, but news stations often fail to include the happy endings that happen later on. The West Contra Costa Unified School was ...
Continue reading "Once-Bankrupt School is now Debt Free" »
Posted on May 24, 2012
One man has been ordered to spend 61 months in a federal prison as well as relinquish tens of thousands of dollars because he was found guilty of operating a foreclosure -rescue scam in southern ...
Continue reading "Man Ordered to Serve 61 Years in Federal Prison for Foreclosure Scam" »
Posted on May 23, 2012
After nearly two years of fighting over the details of a bankruptcy case, a baseball team has finally been purchased. The owner of the team fought to retain full ownership, but due to a co-existing ...
Continue reading "Los Angeles Dodgers' Bankruptcy Case Comes to an End" »
Posted on May 17, 2012
After a lull in foreclosure filings during 2011, initial reports show that market forecasts are starting to come true. Those financial experts who predicted that the foreclosure lull would be ...
Continue reading "Foreclosure Lull Temporary Say Experts" »
Posted on May 16, 2012
One company has hopes of being rescued from bankruptcy if one important deal goes through. Earlier in 2012, Dippin' Dots announced its bankruptcy plans after years of declining profits. Curt ...
Continue reading "Dippin' Dots May Be Rescued from Bankruptcy" »
Posted on May 10, 2012
After tough economic times, some states are noticing a decrease in foreclosures. For example, in the state of Colorado, both foreclosure filing and auctions have decreased during the first four months ...
Continue reading "Some States Seeing Decrease in Foreclosure Filings and Auctions" »
Posted on May 9, 2012
Are you constantly receiving calls from your creditors? Have you asked your creditors and bill collectors to stop calling and/or contacting you only to be ignored? If you find that you are currently ...
Continue reading "Stop Creditor Abuse with Help from Our Firm" »
Posted on May 3, 2012
A well-known Las Vegas developer has been forced to file for Chapter 7 bankruptcy. After years of losses due to a flagging economy, Bill Plise is now seeking bankruptcy protection as a way to tackle ...
Continue reading "Las Vegas Developer Forced to File for Chapter 7" »
Posted on May 2, 2012
News sources say that the employees of a bankrupt airline company are concerned about the future of their employment. Hundreds of workers protested in front of a New York Bankruptcy Court where the ...
Continue reading "Employees Concerned Over American Airlines Bankruptcy" »