It’s A New World For Debtors In Bankruptcy

| November 25, 2010

A re-designed bankruptcy law was the end result of a huge successful lobbying effort by the banks back in 2005.  Congress hadn’t envisioned a surge in bankruptcies when it re-designed the bankruptcy law to make it harder for consumers to walk away from their debts. Americans are expected to file for bankruptcy-court protection this year at a […]

Say It Isn’t So!

| November 2, 2010

After years of dishing trash, folly and misfortune, The National Enquirer’s publisher has fallen on hard times.   American Media Inc., a privately held company said today that it plans to seek federal bankruptcy protection in the next two weeks.  American Media’s publications include The National Enquirer, Star, Shape, Men’s Fitness and Fit Pregnancy.

Consumer Bankruptcy Filings Increase 11%

| October 4, 2010

 Recovery, what recovery! U.S. consumer bankruptcy filings rose 11% in the first nine months of this year, versus the same period in 2009, the American Bankruptcy Institute said Monday, according to data from the National Bankruptcy Research Center. Filings totaled 1,165,172 nationwide during the first nine months of 2010, compared to 1,046,449 total consumer filings a year […]

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