Author Archives: admin

Guilt Ridden about Filing Bankruptcy

Posted on May 18, 2012 by admin

In today’s society, many Americans avoid filing bankruptcy because of guilt. The topic of a bankruptcy has become an emotional one and not one of common sense. There are many people that are struggling to make their monthly payments today … Continue reading →

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LightSquared Announced It Was Filing Bankruptcy

Posted on May 16, 2012 by admin

Today, it was announced that LightSquared Inc. was filing bankruptcy in hopes of resolving the concerns of US regulators who have been blocking the build out of their high-speed wireless Internet. The company believed they would be able to service … Continue reading →

Posted in News and updates | Tagged , , , | 8 Comments

The Complete Cost of Filing Bankruptcy

Posted on May 14, 2012 by admin

After talking to a number of colleagues, friends and family, I have come to the conclusion that America is broke. Not only the government, but just about every American family is sliding down the slope with the country. The lucky … Continue reading →

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Bankruptcy and Foreclosure Rates and What Do They Mean

Posted on May 11, 2012 by admin

At the end of 2010, many experts were predicting the foreclosure and bankruptcy rates to continue to increase through 2011 and 2012. As 2011 finished up, we saw a slight decline in Americans filing bankruptcy. This also crossed over to … Continue reading →

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The Ugly Stigma That Filing Bankruptcy Carries

Posted on May 9, 2012 by admin

There are many reasons why Americans avoid filing bankruptcy immediately. Most people delay filing to the point of further damage to their finances. When pondering the subject it seems counterproductive of how these people continue making minimum payments on their … Continue reading →

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Hawker Beechcraft Announced It Was Filing Bankruptcy Last Thursday

Posted on May 8, 2012 by admin

On Thursday, May 3, Hawker Beechcraft announced it was filing bankruptcy to eliminate $2.5 billion in debt. The aircraft manufacturer that is based in Wichita, Kansas, filed for Chapter 11 bankruptcy on Thursday at the U.S. Bankruptcy Court in New … Continue reading →

Posted in News and updates | Tagged , , , , | 3 Comments

Avoiding Bankruptcy Because of Credit Fears

Posted on May 2, 2012 by admin

In today’s society, many Americans avoid filing bankruptcy at all costs because of the fears of having to live without credit. The credit industry has done a good job making sure the proper propaganda is placed out in the market … Continue reading →

Posted in Chapter 7 bankruptcy, personal bankruptcy | Tagged , , , , | 30 Comments

Alabama Produce Company Is Filing Bankruptcy

Posted on May 1, 2012 by admin

 Today, it was announced that the Adams Produce Company LLC was filing bankruptcy under Chapter 11. Adams produce is more than 100 years old and based in Birmingham, Alabama. According to court records, the company filed for bankruptcy under Chapter … Continue reading →

Posted in News and updates | Tagged , , , , | 25 Comments

Unions Going after American Airlines in Bankruptcy

Posted on April 29, 2012 by admin

Many large corporations have figured out a way to use the bankruptcy code to get unions back to the bargaining table. This seems to be true for American Airlines who has been busy filing bankruptcy to reduce overall operating costs … Continue reading →

Posted in News and updates | Tagged , , , , | 8 Comments

Becoming Debt-Free Is Easier Than You Think

Posted on April 26, 2012 by admin

For someone that is buried under a large amount of debt and feels there is no way out, there is still hope out there. Nothing is worse than living with the stress of not knowing whether you will cover your … Continue reading →

Posted in personal bankruptcy | Tagged , , , , | 3 Comments