Liquidation

A rare and coveted Metropolis movie poster—one of only four known surviving copies from the 1927 silent film classic—has been seized as part of a Chapter 7 liquidation bankruptcy case involving its owner Kenneth Schacter, a well-known collector.

This week on The Broke and the Beautiful, Teresa Giudice says bankruptcy made her stronger, and “Octomom’s” home went into foreclosure. Also, creditors of Soup Kitchen International, made famous by the Soup Nazi character on “Seinfeld,” are stewed.

The latest statistics reveal that the number of people filing bankruptcy has been dropping. June 22, 2012 /24-7PressRelease/-- Many people faced economic difficulties when the stock market collapsed in 2008. Those who lost their jobs and health insurance ...

This is the standard that is used to determine if you can file for a Chapter 7 bankruptcy -- where your debt is forgiven -- or not. You'll be better off if you can work something out with the lender. I understand your desire not to work with your lender.

In Ireland, a bankrupt cannot apply for automatic discharge until a period of 12 years has elapsed since the date of adjudication under Section 85(1) of the Bankruptcy Act 1988. This is a recent provision introduced by Part 7 of the Civil Law ...