Bankruptcy News - Personal bankruptcy information provides an overview to bankrutpcy law.
News, statistics, directories of professionals, and information on filing for bankruptcy.

Bankruptcy News - Personal bankruptcy information provides an overview to bankrutpcy law.

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96 No solution yet

No solution yetI did not have a perfect solution yet for this couple that came in. the wife file a chapter 7 in 2003 because of first divorce, so she cant file another chapter 7 till 2011. The husband was a truck driver and had a wreck and got two tickets because of this, first […]

Loss of JobWhen a Debtor enters into a Chapter 13 bankruptcy, the trustee bases their plan payment on the income they are receiving at the time of confirmation. However, things happen during the pendency of the bankrutpcy, such as loss of job.When a Debtor loses a job, they need to contact their attorney immediately to go […]


Bankruptcy is a legally declared inability or impairment of ability of an individual or organization to pay their creditors. A declared state of bankruptcy can be requested by creditors in an effort to recoup a portion of what they are owed; however, in the overwhelming majority of cases, the bankruptcy is initiated by the bankrupt individual or organization.

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