Liquidation

And it seems that trend is along the same lines statewide. According to the U.S. Bankruptcy Courts, Chapter 11 and Chapter 7 bankruptcy filings in Florida were down last year compared to the year prior. Chapter 11 filings, which are business ...

SHANGHAI, June 12 (Reuters) - China's main stock index closed down 0.7 percent on Tuesday as weak oil prices pushed down energy stocks, while property shares outperformed. The Shanghai Composite Index closed at 2,289.8 points, led by the energy ...

For individuals, Chapter 7 or Chapter 13 are the two debt-relief plans most often recommended by a North Carolina bankruptcy lawyer. Chapter 7 is a plan where the indebted person is required to sell-off their assets of value with the proceeds going to their creditors.

... "Bankruptcy Basics & Your Rights as a Debtor," covers bankruptcy from the initial filing to the final discharge of debts. Mr. Merritt will explain the differences between a Chapter 7 and a Chapter 11 bankruptcy, as well as alternatives to bankruptcy.

As we noted Wednesday, New Jersey housewife Danielle Staub—the onscreen enemy of Teresa Giudice—filed her own Chapter 7 bankruptcy petition. Court documents show that Staub, who reported assets and debts each between $500,000 and $1 million ...