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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Paying Attorney Fees for a Motion to Lift StayWhen a motion to lift the stay is filed by a secured creditor; their attorney charges attorney fees to the Debtor. Here lately, we have had a lot of people trying to dispute these fees. They feel that they are not fair and shouldn’t be charged for them. The problem is, they […]

What Are The Consequences of Filing For Bankruptcy? Posted By : Cornie HerringBankruptcy may be your quickest way of getting relief from your unbearable debt, but it is also the most damaging action to your credit ratings. Let us review the consequences of filling for a bankruptcy before your make up you decision to go for it.

The Major Changes Caused by the Bankruptcy Reform Act Posted By : Chris CooperHightlights of the major changes to the bankruptcy laws likely to affect consumers.


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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