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, 05 Nov 2015 22:53:07 GMT
Thu, 05 Nov 2015 19:04:58 GMT
Wells Fargo Bank has agreed to pay $81.6 million to settle claims that it failed to notify homeowners in bankruptcy of changes in their mortgage payments.
Thu, 05 Nov 2015 01:02:58 GMT
SAN JUAN, Puerto Rico (AP) — Puerto Rico's governor submitted a long-awaited bill Wednesday to restructure the island's heavily indebted public power company as legislators rush to debate multiple measures to help keep the U.S. territory financially afloat.
Sat, 31 Oct 2015 21:28:15 GMT
SAN JUAN, Puerto Rico (AP) — Puerto Rico's financially struggling power utility is aiming to finalize a restructuring deal on its nearly $9 billion debt next week after creditors extended a forbearance agreement until Tuesday.
Sat, 31 Oct 2015 16:53:04 GMT
FRANKFURT, Germany (AP) — The European Central Bank says Greece's battered banks need 14.4 billion euros ($15.8 billion) in fresh money to get back on their feet and resume normal business.