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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

  • Appeals court orders EPA to issue rules on mining cleanups

    Fri, 29 Jan 2016 22:22:57 GMT

    WASHINGTON (AP) — The Environmental Protection Agency was ordered Friday to begin issuing long-overdue rules aimed at stopping mining companies from declaring bankruptcy to avoid pollution cleanups.

  • Puerto Rico seeks debt exchange deal with creditors

    Fri, 29 Jan 2016 21:26:40 GMT

    SAN JUAN, Puerto Rico (AP) — Puerto Rico is pushing for a voluntary debt exchange deal with creditors as it struggles to manage a $72 billion public debt load that the governor has said is unpayable and needs restructuring.

  • Puerto Rico power company reaches new deal with creditors

    Thu, 28 Jan 2016 14:49:37 GMT

    SAN JUAN, Puerto Rico (AP) — Puerto Rico's power company said Thursday that it reached a new deal with bondholders as it seeks to restructure roughly $9 billion in debt.

  • Puerto Rico power debt relief deal falls apart

    Sat, 23 Jan 2016 15:53:00 GMT

    SAN JUAN, Puerto Rico (AP) — A deal to restructure Puerto Rico's troubled power utility's $8.2 billion bond debt fell apart early Saturday, after lawmakers missed a Friday midnight deadline to approve key conditions for the proposed bond swap, including putting a debt payment charge directly on customers' bills.

  • AP EXPLAINS: What Congress can do about Puerto Rico's debt

    Tue, 19 Jan 2016 08:47:56 GMT

    WASHINGTON (AP) — Puerto Rico's $72 billion public debt crisis has forced congressional leaders to pay attention to a U.S. territory that's usually on the sidelines of American politics.