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Blog Posts in September, 2011

Theater Pursues Chapter 7 Filing

While businesses across the country have been closing their doors for good, a long-standing theater company in Florida joins their ranks. A community was saddened to learn that the company, located in ...
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Foreclosures May Remain High in 2012

While the trends in foreclosure are looking good for Austin, the figures are still high and could remain high through 2012. According to a survey, foreclosures in Austin have stayed under 1,200 ...
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Financial Guru Files Chapter 7

The man who once referred to himself as a "troubleshooter" clearly did not take his own advice regarding finances. Last week, the advice guru filed for Chapter 7 bankruptcy, listing a ...
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Former Billionaire Forced to Sell Sports Teams

Another big league sports team has filed for bankruptcy with plans to have the franchise sold as well. The hockey team, which is based in Dallas, last made the news when it was purchased by a former ...
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Chapter 11 Only Option for Solar Panel Company

A solar panel manufacturer shocked many when it filed for bankruptcy last week, despite receiving $535 million in stimulus loans from the federal government. As if their finances weren't enough to ...
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Politician Files for Chapter 13

As more and more people find themselves filing for bankruptcy protection, even some of our nation's lawmakers are opting for some form of bankruptcy. One such lawmaker filed for Chapter 13 ...
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Court Rejects Lawmaker's Chapter 13 Repayment Plan

While you can file for Chapter 13 bankruptcy protection, you will not always get approved. One former lawmaker learned this the hard way when his Chapter 13 repayment plan was rejected this week in ...
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Chapter 7 Requirements

If you are on the verge of filing for Chapter 7 bankruptcy, it is important to first understand what the process involves. You must first complete a petition in which you ask the court to consider ...
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Solar Power Company Files for Chapter 11

Even though solar power is an exciting field that promises to reduce our carbon footprint, those companies that offer solar panels are still struggling in this economy. This month, yet another solar ...
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