While most debtors cannot discharge student loans through bankruptcy, student loans may help qualify a debtor for Chapter 7 bankruptcy so that he or she can discharge other debts. June 13, 2012 /24-7PressRelease/-- According to the Consumer Financial ...
Filing bankruptcy is a complex process with many laws. Here are several reasons why you shouldn't try to file alone. June 13, 2012 /24-7PressRelease/-- Hiring an attorney to prepare a bankruptcy petition may seem like an unnecessary expense, especially ...
New York-based Dewey listed debt of $245 million and assets of $193 million in its Chapter 11 filing. It is the biggest law firm to ever file for bankruptcy, based on the number of lawyers. It entered bankruptcy with 150 U.S. employees to help ...
The Petters fraud has spawned a thicket of litigation in criminal, civil, and bankruptcy courts in Minnesota, as lawyers worked to untangle the legitimate businesses owned by Petters from the wider fraud. (For example, Polaroid had to be ...
The plan was to bring some 300 new jobs to Webster City with a project to build electric cars at Auto Manufacturing Systems, Incorporated. Instead, Auto Manufacturing Systems has filed for Chapter 7 Bankruptcy and Webster City is out 790-thousand dollars ...
FORT WORTH, Texas (AP) — American Airlines and the union for its mechanics ended two days of negotiations without a deal on labor cost-cutting, making it likely that the decision will be left to the judge handling American's bankruptcy case.
Dr. Dipak Desai, the physician at the center of the hepatitis C outbreak, asserted his Fifth Amendment rights against self incrimination more than a dozen times Tuesday during a sworn creditors examination in his bankruptcy case. Trustee William Leonard Jr ...
Warren Buffett's Berkshire Hathaway Inc. is offering to buy the mortgage division and loan portfolio of Residential Capital, which filed for bankruptcy protection in May. Residential Capital, also known as ResCap, is a subsidiary of Ally ...
ResCap, based in Minneapolis, filed for bankruptcy May 14 with plans to sell most of its assets and to resolve lawsuits related to mortgage-backed securities. The company today won approval from U.S. Bankruptcy Judge Martin Glenn to pay wages ...
A regulatory filing in the near future - as opposed to after reaching a deal - also reflects the fifth-largest U.S. carrier's desire to merge with AMR while the No. 3 U.S. airline is still in bankruptcy. AMR's management has agreed, albeit reluctantly ...
