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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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Executive Change: Ezra Zucker Named CEO of Value Healthcare Services

12 March 2013

Executive Change: New General Counsel Hired at Ascension Capital Group

13 February 2013

Private Student Loan Debt to be Dischargeable in Bankruptcy Under House Bill

7 February 2013

Executive Changes: American InfoSource Announces Hiring of Two Industry Veterans

4 February 2013

Value Healthcare Services Announces First Company Dedicated to Healthcare Bankruptcy Receivables

30 January 2013

Investment Site Drills Down on Debt Buying Industry

7 January 2013

November Bankruptcy Filings Down 12 Percent over Previous Year

11 December 2012

Invenio Financial Co-sponsors Debt Purchase Stream at CSA/DBSG Annual Conference

7 September 2012

Student Loan ARM Firm Loses Debt Collection Letter Appeal

31 August 2012

ARM Companies Well-Represented in Bankruptcy Filings

27 July 2012

Consumer Bankruptcy Filings Fall 13 Percent in First Half of 2012

6 July 2012

May Bankruptcy Filings Fall 11 Percent from 2011, But Up Slightly from April

6 June 2012

American InfoSource Acquires Bankruptcy Servicing Business from Encore Capital Group

17 May 2012

Encore Capital Group Sees Earnings Slip on Impairment; Announces Large Acquisition

10 May 2012

April Bankruptcy Filings Fall 16 Percent from Same Time Last Year

4 May 2012

Fed Stress Test Will Show Signs of Healthier Banking Industry

13 March 2012

February Bankruptcy Filings Up 19% From January; Down 5% from 2011

12 March 2012

Consumer Bankruptcy Filings Decrease 11 Percent in 2011; Commercial Filings Fall 19 Percent

10 January 2012

November Consumer Bankruptcy Filings Drop 12 Percent from Last Year

6 December 2011

Student Loans: The ARM Industry's New Oil Well?

20 October 2011

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