The number of Americans who filed for bankruptcy in January through June of this year decreased from the same period in 2010. According to data from the National Bankruptcy Research Center, 709,303 consumer bankruptcies have been filed in 2011. During the first six months of 2010, 770,117 consumer bankruptcies were filed. The 2011 numbers represent [...]
Consumer Bankruptcies Down in First Half of 2011
July 6th, 2011 · No Comments
Tags: Bankruptcy · News
Princess Diana’s Dresses Will Be Auctioned To Cover Bankruptcy Debt
July 1st, 2011 · No Comments
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Debtors in Chapter 13 Bankruptcy now allowed more affordable monthly payments
July 9th, 2010 · No Comments
A recent Supreme Court decision should allow for debtors in future bankruptcy cases to have more affordable payments. The Supreme Court in Hamilton v. Lanning has made a decision which should allow debtors to propose Chapter 13 payment plans which take the debtors’ actual income and expenses into account. Prior to this decision, debtors’ Chapter [...]
Tags: Bankruptcy · News