WELCOME TO Bankruptcy - Bankruptcy Advice and Information

Dewey to consider bankruptcy filing: source
NEW YORK (Reuters) - Ailing law firm Dewey & LeBoeuf is considering a bankruptcy filing as new debtholders take a more aggressive track, shifting away from earlier attempts at an out-of-court liquidation, a person familiar with the matter said on Friday. The majority of Dewey's partners have quit as a result of concerns about compensation, and 5 million in bank loans and bond debt. ... Read More...
5 Bankruptcy Myths Debunked
Nadya Suleman (known to gossip magazines as "Octomom") recently filed for Chapter 7 bankruptcy after accumulating roughly million in debt. Tabloids and gossip blogs have criticized Suleman's ... Read More...
VIDEO: Bankruptcy fears in Greek town
As the likelihood of Greece leaving the euro grows, the BBC's Tim Whewell reports from the small Greek town of Lavrion to find out what life is like when the money runs out. Read More...
LightSquared Files For Bankruptcy
LightSquared filed for bankruptcy on Monday, just hours before a deal ran out that would have kept the company from defaulting on its debt. Read More...
Dewey & LeBoeuf Readies Bankruptcy Filing
New York law firm Dewey & LeBoeuf LLP is readying a possible bankruptcy-protection filing for sometime in the next several weeks, said people familiar with the matter, a move that would initiate official liquidation of the beleaguered institution. Read More...

LATEST ARTICLES

Chapter 13 Bankruptcy Forums
There are many bankruptcy forums that exist on the Internet. These are divided into various categories like those that are specifically meant for attorneys and bar members and those that are meant to provide support to those that have filed for Chapter 13 bankruptcy. Often there is a shortage of information on bankruptcy related issues. This is where bankruptcy forums come into the picture. They provide all kinds of information that is relevant Read More...
Which Type Of Personal Bankruptcy Is The Best For You
If you have caught yourself in the nasty trap of debts and your financial situation is not strong enough to pay off all these debts, you must be into a dilemma of, what to do or what not to do. May be, you are planning to file for personal bankruptcy. However, do you know that there are two types of personal bankruptcy and you can choose only one? The bankruptcy laws have provided two options for the people, willing to file for personal bankruptc Read More...
Bankruptcy As An Option
People that have gotten in debt to far never think about bankruptcy until that moment. This is when you think of bankruptcy as an option to get out from under the weight of bills your carrying. Nobody plans on this but debt is very sneaky and can catch up with you before you know it. This is when bankruptcy comes into play but should only be used as a last resort to solving your problems. Before you file for bankruptcy you have to make sure you Read More...