When people fall on hard times, it is sometimes necessary to file for bankruptcy. There are many different kinds of bankruptcy that have different effects on filers. Bankruptcy can help debtors work their way out from under large amounts of debt, but it can also seriously impact their lives and the lives of their families. For this reason, anyone considering filing for bankruptcy should weigh their options and consider whether bankruptcy is right for them. FindLaw’s Bankruptcy News section is the foremost source of legal news and analysis about bankruptcy, with breaking news, attorney articles and information from sources around the web.
Thu, 30 Oct 2014 22:11:05 GMT
SACRAMENTO, Calif. (AP) — A judge on Thursday approved a plan by Stockton, California, one of the largest U.S. cities to declare bankruptcy, allowing it to eliminate more than $2 billion in long-term debt payments without touching its massive pension obligations.
Thu, 30 Oct 2014 18:59:49 GMT
SACRAMENTO, Calif. (AP) — Judge OKs debt plan for Stockton, California, 1 of largest US cities to declare bankruptcy.
Mon, 27 Oct 2014 21:43:43 GMT
Wed, 22 Oct 2014 02:54:08 GMT
Long seen as having devastated Sun Belt cities, the subprime mortgage crisis unleashed turmoil on Ohio and other rural areas. Now federal officials are pledging regulatory attention and financial help.
Fri, 03 Oct 2014 21:49:55 GMT
FORT WORTH, Texas (AP) — RadioShack says it has inked deals with a group of investors to restructure part of its debt and access funds, moves aimed at giving the struggling consumer electronics retailer more financial breathing room.