The purpose of filing for bankruptcy is to enable a person who has through bad luck, such as medical bills that outran health insurance, bad decisions, such as unsound investments

Unless you are uber-rich, you may only be an illness away from bankruptcy. As early as 2009, CNN reported that 62 percent of all United States personal bankruptcies could be traced to

Every year more women file for bankruptcy than men do. On average, these women are Caucasian, married, and middle-aged. While these women are employed, their annual salary is less than

The Bankruptcy Process For Someone With Medical Debt from Stephen Kass Many people think bankruptcy only happens to people who were financially irresponsible. In fact, over 60 percent of all bankruptcies are caused

Many borrowers turn to payday loans when they fall upon hard times. Once you are involved in the cycle of payday loans, it can be nearly impossible to break free.

Cellfor, a privately held company headquartered in Vancouver, Canada that supplies conifer varietal seedlings to the forest industry, got a court order granting it protection under the Companies’ Creditors Arrangement

The California Court of Appeal, Sixth Appellate District issued a ruling in Berg & Berg Enterprises, LLC v. Boyle, 2009 Cal. App. LEXIS 1740 (Oct. 29, 2009) that limits a breach

In Bulletin 2011-16 dated September 12, 2011, the Federal Home Loan Mortgage Corporation (Freddie Mac) published the requirements for its Standard Modification program. For the debtor looking to save a

Of importance to consumers facing debt collection problems is 15 USC Section 1681, the Fair Credit Reporting Act. A “debt collector” is generally any person who, in the ordinary course

The NYDailyNews.com reported on November 26 2010, that “Real Housewives of New York” star Sonja Morgan filed for bankruptcy protection in Manhattan. According to the news article, Morgan listed $19.8