Bankruptcy Blogs

Leaving Creditors Off of Your Bankruptcy

02/21/12

Can I leave some creditors off of my bankruptcy? No. Any creditor whom you owe a balance to must be listed on the petition.  Does this mean you should go pay off all the credit cards that you want to keep? No. Even with a $0.00 balance the credit card companies will likely close your [...]

[more]

Slavery Museum Files Bankruptcy-Exit Plan

02/21/12

The U.S. National Slavery Museum recently filed a plan to exit bankruptcy protection and restart fundraising so it may someday share its collection of slavery artifacts and documents with the public.

Five months after filing for Chapter 11 protection, the nonprofit organization on Friday filed its plan of reorganization, which describes how it will use charitable donations to continue operating.

[more]

The Disorderly Default in Your Closet Eupdate

02/21/12

Another day, another Greek deal to end them all (more on that soon).

[more]

The Daily Docket: No MF Global Customer Money Found at J.P. Morgan

02/21/12

Louis Freeh, the bankruptcy trustee overseeing MF Global Holdings Ltd.’s Chapter 11 case, says a forensic analysis has determined none of the estimated $1.6 billion in missing customer cash ended up in the company’s account at J.P. Morgan Chase & Co. Read the Daily Bankruptcy Review story here.

[more]