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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Knowing When You Need A Bankruptcy Attorney Posted By : Jon ArnoldKnow when you need to talk with a bankruptcy attorney and what they will do on your behalf.

Life After Bankruptcy - Bankruptcy Loans Posted By : Dean ShaininLoans can indeed serve as getting a debtor’s life back in order after bankruptcy. Credit, loans, and mortgages can provide the perfect means for a previously bankrupt individual or company to finally re-establish their credit.

You’re Suing ME?! Adding Insult to Injury to Creditors of Bankrupt Debtors Posted By : Warren GrahamCreditors, already stuck with bad receivables in bankruptcy cases are doubly outraged when they are then sued for a ‘preference,’ which is a certain kind of payment made on the eve of bankruptcy. Recent amendments to the Bankruptcy Code have substantially leveled the playing field.


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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