Bankruptcy is a legally declared inability by an individual, or business, to pay their creditors. The declaration is known as seeking bankruptcy protection (from creditors) or initiating a bankruptcy filing. Unsecured debts -- like credit card balances -- are typically in peril in bankruptcy filings. But recent changes to the U.S. bankruptcy code have seen more consumers forced to file Chapter 13, which requires a debt repayment plan, rather than Chapter 7, which effectively wipes out unsecured debt.
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Senate Bill would Shield Tithing from Bankruptcy
8 December 2006
UK Locate Launches Skiptrace and Collection Service for European Market
8 December 2006
No Place for Church in State of Bankruptcy
8 December 2006
UK Insolvency eXchange Launched with Two of the Top Five UK Banks
8 December 2006
Court Rules that Credit Cards Get Money Before Churches and Charities Per Bankruptcy Reform Law
12 September 2006
Judge Lets Banks Immediately Appeal Distressed Debt Ruling
12 September 2006
Bankruptcy Filings Hit Lowest Level in 5 years
12 September 2006
China Puts Creditors First With New Bankruptcy Law
12 September 2006
Commercial Bankruptcy Back On The Rise
12 September 2006
Judge Rules Part of New Bankruptcy Law Unconstitutional
12 September 2006
Experian Will Raise $1.49 billion After Demerger In October
12 September 2006
Against Odds, Bankruptcy Filings Bottom Out
12 September 2006
Personal Bankruptcy Filings Plunge 69% in Second Quarter
12 September 2006
Fed Casts Doubt on Link between Credit Card Debt and Bankruptcy
12 September 2006
Bankruptcy Law's Counseling Provision isn't Working, Critics Say
12 September 2006
Bankruptcy Filings Begin to Creep Upward from All-time Low
12 September 2006
New Law Slows Bankruptcy Filings by 71 Per Cent
12 September 2006
U.S. Bancorp Sues Altria Group for $363.5M
12 September 2006
Bill would make it Harder to Void Labor Contracts in Bankruptcy
12 September 2006
LexisNexis Bankruptcy Data: Chapter 7 Filings Again Higher Than Chapter 13
12 September 2006