The Hostess brand snack cake maker filed for Chapter 11 bankruptcy earlier this year and has since been working towards debt reorganization. Earlier plans for managing their near $945 million debts were driven away from...
College students these days are facing more challenges in managing their debt burdens after graduation than ever before. Although student loan debt has become a 1 trillion industry, personal credit card debt among college...
When filing for bankruptcy you may have heard about a Trustee who will be involved in your case. This refers to a person who is appointed to represent the collective interest of your creditors during your bankruptcy case....
Ally Financial Inc. has been struggling to keep its mortgage unit afloat for a while now. After receiving a large government bailout just a few years ago, time is running out for repayment. As Ally Mortgage unit’s...
Filing for bankruptcy is not meant to be a tool of disappointment, but in today’s economy many businesses are finding it difficult to maintain operations. In a competitive market, such as music storage and downloads,...
