86 articles on "bankruptcy"

Bankruptcy Myths Busted

Bankruptcy Myths Busted by: Bk Home The average American knows very little about bankruptcy. Most people probably are aware of bankruptcy’s ability to dissolve debt and give the debtor a fresh start. Some of the information you might have hear...

Legal  legal bankruptcy debtor file assets filing again
Hey Landlord! Is Your Lease Legal

The longer you are a landlord the more you strive to create the perfect lease/rental agreement. Landlords learn in the school of hard-knocks that some tenants are certified trouble makers and we try our best to protect ourselves with a carefully stru...

Business And Finance  business finance lease bankruptcy landlords legal include
How Does Bankruptcy Work?

How Does Bankruptcy Work? by: Stuart Simpson Of course, bankruptcy is your last resort. It is tough but provides a legal remedy for your financial situation. Bankruptcy is a 3-step process: You must first file in federal or state court saying...

Business And Finance  business finance creditors bankruptcy court keep
Valuation Issues In The Bankruptcy Process

When it comes to business bankruptcies, the numbers seem to loom larger with every year. From 2005 through 2008, annual business bankruptcies increased by over 200%. In the years 2009 and 2010, business bankruptcies were more than double for the year...

Legal  legal bankruptcy business bankruptcies company issues valuation
Chapter 13 bankruptcy basics

The purpose behind Chapter 13 Bankruptcy filing is rehabilitation of the debtor. Meaning you are given the opportunity to repay some or all of your debts.but under generally better terms (lower or no interest). Rather than having to liquidate assets ...

Business And Finance  business finance debtor chapter bankruptcy plan income creditors
Going Bankrupt in the World

g Bankrupt in the World by: Sam Vaknin, Ph.D. It all starts by defaulting on an obligation: Money owed to creditors or to suppliers is not paid on time, interest payments due on bank loans or on corporate bonds issued to the public are withheld....

Business And Finance  business finance creditors bankruptcy court company chapter debtor
How Does Bankruptcy Work?

Bankruptcy is a legal proceeding in which a person or business declares that they are unable to pay their debts. This allows the debtor to eliminate or restructure their debts and start fresh. While bankruptcy may seem like a daunting process, it is ...

Business And Finance  business finance creditors bankruptcy court keep
Foreclosure And The Bankruptcy Stay

While there are many reasons for the rise in bankruptcy filings, with working families falling victim to job losses, the collapse in the real estate market and plunging home values is one of the principal reasons for the rise in filings. Over the la...

Legal  legal property bankruptcy creditor real protection foreclosure
Bankruptcy Basics

Bankruptcy Basics by: James H. Dimmitt According to the American Bankruptcy Institute “household debt is at a record high relative to disposable income.” The Administrative Office of the U.S. Courts reported that the number of filings for th...

Business And Finance  business finance bankruptcy chapter property debts court
What Bankruptcy Exceptions Can Protect Property In Colorado And Connecticut?

One of the main benefits of filing for bankruptcy is the ability to protect your property. In a Chapter 7 bankruptcy, for example, a debtor's assets will be sold to pay back creditors. Thankfully, there are US federal bankruptcy laws that set up...

Legal  legal protected exceptions dollars bankruptcy property colorado