The bankruptcy petition is the actual document that is filed with the bankruptcy court. This petition is a document that lists the assets, liabilities and creditors for the debtor. Not only will it lose those things but it will also list a summary of a ... Read full article
As per North Chicago bankruptcy attorney David Siegel, not every debt that you are going to list on a Chapter 7 bankruptcy petition is going to be dischargeable or eliminated. Now, it is true that the overwhelming majority of debts such as medical bills, ... Read full article
Palatine bankruptcy lawyer David Siegel states that before a Chapter 13 bankruptcy case can be filed, you must submit to a credit counseling session. A credit counseling session is a half-hour or one hour on the computer, phone or in person with a credit ... Read full article
According to Plainfield bankruptcy lawyer David Siegel, prior to filing your Chapter 7 or a Chapter 13 bankruptcy, there are several things that the person must do. The first thing the person must do is give their attorney a statement of income through ... Read full article
Round Lake bankruptcy attorney David Siegel states that in addition to pre-filing requirements, there are also post-filing requirements. One requirement is that the debtor must take a second credit counseling class which is called the personal financial ... Read full article
Chapter 13 bankruptcy lawyer David Siegel states that Chapter 13 allows a person to reorganize their debts and pay back creditors on a monthly payment plan for a period of 3 to 5 years. During the Chapter 13 repayment plan, the person is protected by the ... Read full article
Welcome to WordPress. This is your first post. Edit or delete it, then start blogging! ... Read full article
Written by Craig D. ... Read full article
Energy Future Holdings Corp. filed for Chapter 11 bankruptcy Tuesday, after reaching a deal with creditors on the terms of a debt-for-equity swap to restructure the private-equity backed utility’s debt load of more than $49 billion. With $36.45 billion in ... Read full article
Energy Future Holdings Corp. filed for Chapter 11 bankruptcy Tuesday, after reaching a deal with creditors on the terms of a debt-for-equity swap to restructure the private-equity backed utility’s debt load of more than $49 billion. With $36.45 billion in ... Read full article
Nortel Networks is preparing to spend more than $1 million on technology for an upcoming court fight over $7.3 billion raised in its global liquidation, a trial that will be broadcast live—but not to the public. Only “authorized users” will be able to ... Read full article
Nortel Networks is preparing to spend more than $1 million on technology for an upcoming court fight over $7.3 billion raised in its global liquidation, a trial that will be broadcast live—but not to the public. Only “authorized users” will be able to ... Read full article
Wayne Parry/Associated Press Fear of another bankruptcy for Atlantic City, N.J.’s Revel casino prompted a local casino workers’ union to do its own calculation of what a prospective buyer should be ... Read full article
Wayne Parry/Associated Press Fear of another bankruptcy for Atlantic City, N.J.’s Revel casino prompted a local casino workers’ union to do its own calculation of what a prospective buyer should be ... Read full article
Transparency and bankruptcy go hand in hand, but the bankruptcy judge overseeing a closely watched asbestos case has taken an unusual step to keep certain details shielded from public view. Last month, unredacted transcripts from confidential court ... Read full article
Transparency and bankruptcy go hand in hand, but the bankruptcy judge overseeing a closely watched asbestos case has taken an unusual step to keep certain details shielded from public view. Last month, unredacted transcripts from confidential court ... Read full article
Calumet Photographic Inc., the photography retail chain whose abrupt shuttering and bankruptcy filing surprised customers, has found a buyer for some of its assets. ... Read full article
Calumet Photographic Inc., the photography retail chain whose abrupt shuttering and bankruptcy filing surprised customers, has found a buyer for some of its assets. ... Read full article
A group of lawyers and marketing professionals had a tough nut to crack: how drum up interest in an abandoned power plant in Hawaii that can turn macadamia shells into energy. The lawyers are hoping that a multimillion-dollar offer comes in before today’s ... Read full article
A group of lawyers and marketing professionals had a tough nut to crack: how drum up interest in an abandoned power plant in Hawaii that can turn macadamia shells into energy. The lawyers are hoping that a multimillion-dollar offer comes in before today’s ... Read full article
