Bankruptcy News

From left, San Jose State University students Benjamin Lee, Brian Ha and Evan Kashi work on their class homework in the EE98 Introduction to Circuits class taught by Professor Khosrow Ghadiri, at San Jose State University in San Jose, Calif.

On Friday May 17, 2013 the United Sates Bankruptcy Court in the Eastern District of New York announced a " Ceremony in Honor of the Retirement of the Honorable Jerome Feller " and "On Tuesday, June 11, 2013 at 4:30 p.m. there will be a celebration." One could hear the imaginary cheer across the district from homeowners and their advocates who have ... (more)

The upward march of student loan borrowing is "something we are keeping an eye on and thinking quite carefully about," Fed governor Sarah Bloom Raskin said in response to an audience question Thursday.

An expert on the American gaming scene, Maurice "Mac" VerStandig is well-versed in casino management from common issues of fraud and theft prevention to the Unlawful Internet Gambling Enforcement Act and Indian Gaming Regulatory Act .

Florida is unique with its Bankruptcy Exemptions. While homeowners can protect some or all of their equity in their home if they claim the 'homestead exemption,' their other exemptions are very limited when they do claim this exemption.

People diagnosed with cancer are more than two-and-a-half times more likely to declare bankruptcy than those without cancer, according to a new study from Fred Hutchinson Cancer Research Center.

Stocks continued their climb into uncharted territory on Friday, racking up the fourth week of gains in a row as encouraging economic data prompted investors to pick up shares of growth companies.

Zero down loans are on the rebound on a small scale, but is it really such a horrible thing for the housing sector? The term "Zero Down Loan" is almost guaranteed to induce an immediate negative response in any one hearing the term.

The Nurburgring racetrack in Germany is officially up for sale this week. The sale of the 12.8-mile, 154-turn track includes the salaries of 300 employees, but not the $515-million debt that caused the 'Ring's bankruptcy.

Mark Huffman has been a consumer news reporter for ConsumerAffairs since 2004. He covers real estate, gas prices and the economy and has reported extensively on negative-option sales.

Default or bankruptcy is now squarely on the table in Detroit, which bodes ill for holders of municipal bonds issued by Michigan's largest city.

Trustees of all types are sleeping easier, knowing that their liabilities for theft by a co-trustee is a debt that can be wiped out in bankruptcy as a result of a unanimous Supreme Court decision discussed by Bloomberg Law's Lee Pacchia and Bloomberg News bankruptcy columnist Bill Rochelle on their video.

The Oklahoma City-based sports equipment franchiser declares less than $50,000 in assets, and more than $500,000 in debts.

The former owner of Kingston's Gala Bingo hall, who was fined A 45,000 for destroying the floor of the historic building, has been declared bankrupt.

Camden County will bid on the Woodcrest Country Club in an effort to preserve the bankrupt Cherry Hill golf course as open space when the property is sold at auction Monday.

Since a federal judge ruled in April that Stockton, Calif., can pursue bankruptcy protection, the question has been which of the state's fiscally troubled cities will be next.

Mexican home builders and their creditors have been hiring U.S. bankruptcy lawyers and other advisers, as the companies struggle with mounting debt obligations.

Medical debt is one of the leading causes of bankruptcy, according to a study published online today in the journal Health Affairs.

Unlike every other major carrier, it has never filed bankruptcy. It has never sacked employees with layoffs, furloughs or pay cuts.

Citing retirement plans that are underfunded by "over $235 million," the federal Pension Benefit Guaranty Corp.