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Blog Posts in March, 2012

Choosing Chapter 7 or Chapter 13

Individuals that are considering bankruptcy generally file under one of two types: Chapter 7 bankruptcy or Chapter 13 bankruptcy. These types of bankruptcy offer different advantages and each one has ...
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Company Emerges from Chapter 11 Stronger

One of the largest corporations to file for bankruptcy has finally emerged from its reorganization plan. WM Inc. filed for bankruptcy after the financial crisis of 2008 but is now reportedly stronger ...
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Bankruptcy And Your Support Obligations

If you are considering filing for bankruptcy in order to eliminate overdue child support payments, think again. Under Federal Bankruptcy Code 11 USC § 523, "domestic support ...
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Grocery Store Chain Emerges From Bankruptcy Strong

A once popular national grocery store chain has recently emerged from bankruptcy protection. It will now operate as a private company and will work on maintaining its remaining stores. Once known as ...
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State Fair Has Bankruptcy Case Converted

The difficult economy has affected everyone from individuals to corporations, including nonprofit organizations. One such organization has been forced to file for Chapter 7 bankruptcy in Virginia. ...
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Texas Economy Seems to be Improving

States across the nation are slowly starting to see an improvement in their local economies. In fact, Texas has seen economic improvement since December and this trend is supposed to continue say ...
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Sunset Junction Music Festival Files for Chapter 7

The organizers of an annual indie music festival have been forced to file for bankruptcy. After the Los Angeles Sunset Junction Festival was cancelled last year, the organizers found themselves ...
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Local Developer Files for Bankruptcy Protection

When the recession hit, developers across the country scrambled to secure funds for existing projects. In many cases, these projects were abandoned due to the unavailability of funds to finish ...
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Banks in Texas Providing Funding to Reduce Foreclosures

In an attempt to keep homeowners in their properties, the federal government is working with the state government of Texas. A deal has been brokered that could bring in $287 million to the state of ...
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