USA TODAY – Bankruptcy filings are nearing the record 2 million of 2005, when a new law took effect that was aimed at curbing abuse of the system. Filings could reach 1.7 million this year, says law professor Robert Lawless, but few experts believe that debtors are now gaming the system. Instead, concern exists about [...]
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NJ Reality Star Files Bankruptcy
Teresa Giudice has confirmed a recent report that her family is nearly $12 million in debt and filed for bankruptcy last fall. “The Real Housewives of New Jersey” star Teresa Giudice said she and husband Joe are looking at their bankruptcy filing as a “fresh start.” “While this is a personal matter, I realize that [...]
US bankruptcy filing rate near 5-year high
The pace of U.S. bankruptcy filings edged up in May to the second-highest daily level since 2005, reflecting the difficulty Americans have in working off excess debt even as the economy improves.
BP gives the middle finger right back to Russia
Frustrated by Russia’s unwillingness to allow private exportation of natural gas to China, TNK-BP pulled the plug Thursday on the Kovykta gas field operations in Siberia by calling in the loans it made to its subsidiary – essentially initiating bankruptcy of RUSIA Petroleum. After years of patience and hundreds of millions of dollars invested, only [...]
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Mints Mexican Money Mishap: Evil Anti Immigrant Infographic?
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Many in need don’t file BK
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NJ Reality Star Files Bankruptcy
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The Social Security Situation
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BP Bankruptcy Looming?
