Tag Archives: bankruptcy filing
US bankruptcy filing rate near 5-year high

US bankruptcy filing rate near 5-year high

by Jeff Wellington on 05. Jun, 2010 in Bankruptcy

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.

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Guide to Bankruptcy Filings

by Jeff Wellington on 19. Nov, 2009 in Bankruptcy, Forms, Secure Credit

Bankruptcy is a very complicated process to discuss and the exact steps of bankruptcy filings can vary from state to state depending on their law. But there are two parties that remain constant in all bankruptcy cases; this is the presence of the debtor and creditor. The debtor is the party who owes money to [...]

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The New Bankruptcy Law

by Jeff Wellington on 17. Nov, 2009 in Bankruptcy

The New Bankruptcy Law, formally known as the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005, came into effect last October 2005. We all know that bankruptcy filings were being used indiscriminately by unscrupulous individuals so that they will no longer need to pay off their debts. Well, the new bankruptcy law was created [...]

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