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Category: bankruptcy_blog

13 Dec, 2013
Reaves & Lee

Bankruptcy Review For December 13, 2013

This week in bankruptcy news: Mortgage lender, Residential Capital, wins its fight against bondholder objections during the continuation of its Chapter 11 filing. Meanwhile, Detroit faces further criticism through its debt...

12 Dec, 2013
Reaves & Lee

Benefits and Drawbacks of Chapter 7

Chapter 7 Dallas bankruptcy is a powerful tool in the fight against debt. Many debtors have been able to use Chapter 7 to get a new start on their financial lives, relieving themselves of the burden of huge debt and starting...

9 Dec, 2013
Reaves & Lee

Chapter 11 for Electric Car Manufacturer

An automobile manufacturer that had made waves with its promising electric sports car has declared Chapter 11 bankruptcy. The company had high hopes for its electric sports car, but the car failed all performance tests...

6 Dec, 2013
Reaves & Lee

Bankruptcy Review For December 6, 2013

This week in bankruptcy news: After eliminating near $1.4 billion in debt in Chapter 9, Alabama County is looking forward to an improved financial year; meanwhile, Detroit’s bankruptcy proceedings are heading down a...