Blog Posts in February, 2012
Posted on Feb 29, 2012 By Houston Bankruptcy Lawyer
When the nation plunged into a deep recession, many people were forced to cut back on their philanthropic donations. As a result, museums like the U.S. National Slavery Museum found themselves in ...
Continue reading "National Museum Pursues Bankruptcy" »
Posted on Feb 23, 2012 By Houston Bankruptcy Lawyer
Actor Gary Busey was forced to file for Chapter 7 bankruptcy earlier this month. The actor filed for bankruptcy in California listing $50,000 to $1 million in debt and has assets of less than $50,000. ...
Continue reading "Actor Gary Busey Files for Chapter 7 in California" »
Posted on Feb 22, 2012 By Houston Bankruptcy Lawyer
As part of its reorganization plan, American Airlines has announced that it will be making some serious budget cuts. At least 500 flight attendants are expected to lose their jobs by as early as April ...
Continue reading "American Airlines to Cut 500 Flight Attendants" »
Posted on Feb 16, 2012 By Malaise Law Firm
Despite having filed for bankruptcy a few months ago, American Airlines enjoyed an increase in purchased flights over the past two months. This came as a surprise to company officials who were ...
Continue reading "American Airlines has Increase in Flight Purchases Despite Bankruptcy" »
Posted on Feb 15, 2012 By Houston Bankruptcy Lawyer
Are you drowning in your debt? If so, you should consider filing for Chapter 7 bankruptcy . Before you can start enjoying the benefits of bankruptcy protection, however, there is a checklist of tasks ...
Continue reading "Steps You'll Need to Take When Filing for Chapter 7" »
Posted on Feb 9, 2012 By Houston Bankruptcy Lawyer
A tentative settlement has been reached between a group of creditors and a national bank. The Delaware bankruptcy judge overseeing the case has significantly reduced the amount that these investors ...
Continue reading "Creditors and National Bank Reach Tentative Settlement" »
Posted on Feb 8, 2012 By Houston Bankruptcy Lawyer
When a company files for bankruptcy, creditors, and shareholders run the risk of not being paid back in full. A brokerage firm that has filed for bankruptcy has caused many troubles for customers that ...
Continue reading "Customer Files Lawsuit against Brokerage Firm during Bankruptcy Proceedings" »
Posted on Feb 2, 2012 By Houston Bankruptcy Lawyer
When you are in danger of losing your home to foreclosure , all hope is not lost. There are legal avenues that you can take to avoid losing your house forever. One popular way that people are avoiding ...
Continue reading "Chapter 13 as an Alternative to Foreclosure" »
Posted on Feb 1, 2012 By Houston Bankruptcy Lawyer
After months of fighting over the details of a bankruptcy settlement, a Los Angeles baseball team is in the final stages of presenting its reorganization plan. It took months for the owner of the team ...
Continue reading "Los Angeles Baseball Team Entering Final Stages of Reorganization" »