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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Business Bankruptcy News Bulletin Summary for Week of December 6
6 December 2010
November Consumer Bankruptcy Filings Drop 13 Percent from October
2 December 2010
Business Bankruptcy News Bulletin Summary for Week of November 29
30 November 2010
Business Bankruptcy News Bulletin Summary for Week of November 22
22 November 2010
Business Bankruptcy News Bulletin Summary for Week of November 15
15 November 2010
Total Bankruptcy Filings Up 11 Percent Through First Nine Months of 2010 While Business Filings Decrease
15 November 2010
Business Bankruptcy News Bulletin Summary for Week of November 1
1 November 2010
Business Bankruptcy News Bulletin Summary for Week of October 25
25 October 2010
Business Bankruptcy News Bulletin Summary for Week of October 18
19 October 2010
Appeals Court Says FDCPA Cases Cannot Arise in Bankruptcy Claims
12 October 2010
Business Bankruptcy News Bulletin Summary for Week of October 11
11 October 2010
Consumer Bankruptcy Filings Up 11 Percent in First Nine Months of 2010
5 October 2010
Business Bankruptcy News Bulletin Summary for Week of October 4
4 October 2010
Business Bankruptcy News Bulletin Summary for Week of September 27
27 September 2010
Business Bankruptcy News Bulletin Summary for Week of September 20
20 September 2010
Major ARM Player Files for Bankruptcy Protection
15 September 2010
Business Bankruptcy News Bulletin Summary for Week of September 13
13 September 2010
Business Bankruptcy News Bulletin Summary for Week of August 30
30 August 2010
Total U.S. Bankruptcies in First Half of 2010 Up 14 Percent Over 2009
24 August 2010
Business Bankruptcy News Bulletin Summary for Week of August 23
23 August 2010