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Bankruptcy News

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.

Top Headlines

  • Puerto Rico seeks protection of federal bankruptcy code

    Thu, 26 Feb 2015 23:31:01 GMT

    SAN JUAN, Puerto Rico (AP) — Puerto Rican officials sought Thursday to convince U.S. legislators that the island's financially struggling public corporations should be allowed to restructure their debt under the federal bankruptcy code.

  • GM, opponents make arguments in bankruptcy court over shield

    Thu, 19 Feb 2015 00:24:33 GMT

    NEW YORK (AP) — A federal bankruptcy judge this week heard arguments from consumers who are suing General Motors, saying their cars dropped in value because of a defect with its ignition switches.

  • Hopes for Greek debt deal rise but no quick solutions

    Fri, 13 Feb 2015 12:24:30 GMT

    BRUSSELS (AP) — Greek stocks led a European market rally on Friday amid hopes that the new government is inching toward a deal with eurozone creditors that could lighten its bailout terms and keep it from falling out of the currency bloc.