The changes made to the bankruptcy code in 2005 set about some new requirements and rules for those filing for bankruptcy. In addition to an increase in the costs of filing fees, debtors also have to pass a rigorous income...
One of the most sought after benefits of bankruptcy is protection from creditors. When a debtor files for bankruptcy an automatic stay ordered is issued, which legally prohibits creditors from making contact or collection...
Just weeks after the American Airlines bankruptcy filing, more announcements come regarding employee layoffs and cutbacks. Having already laid off several pilots and flight crew from their sister airline, American Eagle, AMR...
When it comes to filing for bankruptcy, there are many things that consumers should know. Things aren’t always as easy as 1-2-3, but they don’t have to be impossible either. Getting to know a few key components to...
As the economy has continued to challenge us more each year, many people have been faced with some hard truths. Personal debt burdens have reached all time highs, people are losing their homes to foreclosure more than ever...
