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.
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.
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.
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.
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.
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.