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Bankruptcy More Signs That You May Be in Trouble
By Charles Essmeier

Bankruptcy attorneys all over the country are reporting that their business is up 25-50% over last year. The reason? New bankruptcy legislation is set to take effect later this month, and the laws are much stricter than in the past. That may be the case, but the fact that tougher laws are coming doesn't mean that everyone should rush out to declare bankruptcy. Still, many people are undoubtedly wondering if their own situation warrants such a drastic choice.

Here are a few things to consider when deciding if you should file:

You are writing checks when the money isn't there - This is something that most everyone has done from time to time. Your bill is due on Tuesday,...
[ Read Article ]
 

More Bankruptcy Resources

 
 
In the News
    Bankruptcy judge gives final approval to Circuit City liquidation plan
    A federal bankruptcy judge this morning approved a final liquidation plan that will begin the process to get Circuit City's creditors paid. The plan is expected to go into effect by the end of the month. Once the plan goes into effect, a trustee will be put into place who ... Read More ...

    Bankruptcy Judge slams Credit Suisse's 'greedy antics'
    BILLINGS, Montana: A federal bankruptcy judge said he would not reward the "greedy antics" of financial giant Credit Suisse by ordering the repayment of a $229 million loan it arranged for Montana's exclusive Yellowstone Club. Read More ...

    Bankruptcy list
    Filed in U.S. Bankruptcy Court, Pittsburgh. Read More ...

 
 
 
 
 

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