Bankruptcy Blogs

Home Sales Go On Despite Spanish Peaks Bankruptcy

02/07/12

Spanish Peaks’ ongoing bankruptcy isn’t stopping the sale of luxury homes at the exclusive ski-and-golf community nestled among Montana’s mountains and bordering Yellowstone National Park.

Three homes in the Big Sky, Mont., community will go up for auction next month, according to Concierge Auctions LLC, as will a home in nearby Yellowstone Club.

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The Daily Docket: A&P Confirmation Hearing Begins

02/07/12

Great Atlantic & Pacific Tea Co. on Monday laboriously moved closer to final approval of its plan to exit what has been an equally laborious bankruptcy, with the company continuing to satisfy objections and a judge beginning to overrule others. Read the Daily Bankruptcy Review article here.

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I’m Not Current on May Car Payments, Do I Have Options in Chapter 13?

02/06/12

When you are considering bankruptcy, you have often been behind on payments for months.  You have run up credit card debt, and missed payments on your car and mortgage.  And now, perhaps your lender is threatening to repossess your car.  What are your options in Chapter 13 bankruptcy? In Chapter 13, unlike Chapter 7, you [...]

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Can Prospective Employers Deny You Employment Because You Filed for Bankruptcy?

02/06/12

Previously, I discussed the bankruptcy rule that employers cannot fire or otherwise discriminate against employees because they filed for bankruptcy.  However, I also mentioned the difficulty in sometimes proving the causation element between the filing and the discrimination, and the fact that a bankruptcy will still come up on credit checks and other types of [...]

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Summertime Bankruptcy for Harrisburg?

02/06/12
Associated Press
The Harrisburg, Pa., incinerator

Harrisburg’s chances to sort out its debt in bankruptcy court seemed to have finally run out last week w

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Bankruptcy Court Says No Liability For Assisting A Debtor's Fraudulent Transfers Or Conversions

02/06/12

A fraudulent transfers and fraudulent conversions  prior to filing Chapter 7 bankruptcy can be detrimental in two ways. First, the Chapter 7 trustee can reverse the transfer or conversion, take the property back from the transferee (recipient), and sell the property for the benefit of your creditors. In addition, egregious fraudulent transfers within two years of filing Chapter 7 bankruptcy can cost the debtor the bankruptcy discharge.

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The Daily Docket: Global Aviation Enters Bankruptcy

02/06/12

Global Aviation Holdings Inc., which says it is the largest commercial provider of airlift transport services for the U.S. military, filed for Chapter 11 bankruptcy protection Sunday. Read the Daily Bankruptcy Review article here.

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Bankruptcy Judges are Number ?

02/05/12

Rick SantorumBeing a judge isn’t a popular calling lately–at least during the Republican Presidential primary season. Courts are blamed for everything that ails society.

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