Many people are unaware of the rules that surround the bankruptcy filing process. For example, in order to qualify for Chapter 7 a filer must pass the means test, which essentially compares their income level to the median...
Although the number of consumers filing for bankruptcy has risen over the last few years, not all states are equally affected. As economic pressures continue to batter the financial lives of many, residents of some states...
Once Swedish automaker Saab has been owned and operated by General Motors for quite some time now. Despite hopes the previous buyout would save the company from financial peril, the automaker hit further trouble when the...
Just weeks after American Airlines announced its plans to file for Chapter 11 bankruptcy, the company has already broken a promise to employees. Once remaining steadfast in their assurance that neither consumers nor employees...
Despite high demand for green roof products, like solar panels, several big name solar companies have faced tremendous financial pressure in recent months. Solyndra filed for bankruptcy back in August in hopes of protecting...
