Bankruptcy Blogs

What Happens To You When Your Employer Files for Bankruptcy?

11/21/11

When Your Employer Files Bankruptcy… In today’s economic climate, it’s not enough to be careful with your own finances – you may face the bankruptcy of your employer.  Then what?  Does your employer have to continue to pay you, and give you health and retirement benefits?  Will you still be able to get paid what [...]

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One Thing is Clear: Transparency Doesn't Sell

11/21/11

Buying a college education is messy, but this complicated service nevertheless sells extremely well - with price increases that greatly outrun inflation. The marketing appeals to aspirations.

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Life During Bankruptcy

11/21/11

As a Fort Worth bankruptcy attorney, I am used to dealing with clients who have many fears about the bankruptcy process. I always tell my clients that bankruptcy is a tool to help, not cause damage or undue stress. While some clients must face their fear head on, many of my clients are comforted when [...]

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Get Past the Wishful Thinking on OWS

11/21/11

Those in denial want to believe that OWS is a temporary phenomenon, nothing to get their shorts in a bunch worrying about. But they need to take Occupy's commitment to change seriously.

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Reading This Blog Will Make You Stronger, Faster

11/21/11

Grow a beard for the NHL playoffs. Lift your rally monkey to the sky. But don’t count on that colorful band around New Orleans Saints quarterback Drew Brees’s wrist to give a lift to your fantasy football team.

Consumers have grown suspicious of Power Balance’s $30 athletic wristbands—which promise to alter the body’s natural energy flow to make it stronger, well-balanced and more flexible—leading sales to plummet and prompting the company to file for Chapter 11 bankruptcy protection Friday.

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Spanish Peaks Revs Up Liquidation With Vehicle Sale

11/21/11

Montana’s Spanish Peaks, a 5,700-acre ski-and-golf community, is looking to rev up the engine on its liquidation.

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Judge rejects Las Vegas Monorail budget plan

11/21/11

"A federal judge has rejected the Las Vegas Monorail's plan for financial solvency. The Las Vegas Review-Journal reports that U.S. Bankruptcy Court Judge Bruce Markell rejected Friday the monorail's plan to exit Chapter 11 bankruptcy because the terms 'doom it...

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Jefferson County bankruptcy: Sewer receiver John Young's role to be focus of hearing today

11/21/11

"The pivotal arguments on court-appointed receiver John S. Young's future are set for today in Jefferson County's bankruptcy case, arguments some legal experts say are eventually destined for the U.S. Supreme Court." Read more here.

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Student Loan Discharge In Chapter 13 Bankruptcy Possible In Most Cases

11/21/11

Student loans are almost impossible to discharge in Chapter 7 bankruptcy. The debtor must show actual hardship to discharge a student loans. Courts interpret hardship very strictly. If you are able to work you probably don’t have hardship sufficient to discharge a student loan in Chapter 7.

In Chapter 13 cases student loans are not dischargeable if the creditor objects the discharge.

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The Daily Docket: McCourt Added to Dodgers Suit

11/21/11

Broadcaster Fox Sports is taking another swing at embattled Los Angeles Dodgers owner Frank McCourt, adding him to a lawsuit on charges of improperly shopping the team’s valuable media rights. Read the Daily Bankruptcy Review article here.

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