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  • filings
  • Chapter 11 bankruptcy filings by physician practices have spiked recently, noted Bobby Guy, co-chair of the American Bankruptcy Institute's health care committee, who tracks bankruptcy trends tied to distressed businesses. (cnn.com)
  • There were 75 percent more personal bankruptcy filings in the District of Columbia in 2012 than just six years ago. (dcbar.org)
  • Notably, bankruptcy filings rose 90 percent between 1990 and 2004 ( exhibit 23 ), as measured by the number of bankruptcy filings per one million individuals. (hhs.gov)
  • This review of the literature suggests that there are a number of factors aside from the level of debt that may predict whether a household files for bankruptcy, such as state and federal laws, the concentration of law practices handling bankruptcy filings in a given region, the unemployment rate, liquidity of other household assets, interest rates and a households current debt service demands, and the like. (hhs.gov)
  • The Chandler Act gave unprecedented authority to the Securities and Exchange Commission in the administration of bankruptcy filings. (wikipedia.org)
  • For Adriano Pires, one of Brazil's top energy analysts, the OGX and OSX bankruptcy protection filings hurt Brazil's image overseas "at a time when the country needs to attract investments for its oil industry as well as for infrastructure projects like highways, airports, ports, and railways. (yahoo.com)
  • seek bankruptcy protection
  • But Bing told The Associated Press that while he anticipated the decision to make Detroit the largest city in U.S. history to seek bankruptcy protection, he remains convinced the state could have done more to help Detroit avoid it. (yahoo.com)
  • While bankruptcy is always a last resort, if other solutions do not allow the City to meet its legal obligations to balance its FY 12/13 operating budget, while providing adequate levels of services necessary for the health, safety, and welfare of the citizens of Atwater, the City may be required to seek bankruptcy protection," the notice said. (reuters.com)
  • Reuters
  • Reuters) - Stockton, California, became the largest city to file for bankruptcy in U.S. history on Thursday, after years of fiscal mismanagement and a housing market crash left it unable to pay its workers, pensioners and bondholders. (reuters.com)
  • MEXICO CITY, June 18 (Reuters) - Mexican telecommunications company Maxcom said on Tuesday that it was seeking to negotiate new capital and a restructuring through a so-called prepackaged bankruptcy process in U.S. courts. (reuters.com)
  • SAN FRANCISCO, Sept 19 (Reuters) - Officials in Atwater, California, will meet on Wednesday evening to begin discussing whether to declare a fiscal emergency, which would allow them to move forward with a Chapter 9 bankruptcy filing for the city if necessary. (reuters.com)
  • assets
  • Building on the prior discussions of debt burdens, negative net worth, and asset poverty, we now look at the potential for bankruptcy as a consequence of accumulating liabilities that outstrip income from employment and assets. (hhs.gov)
  • In its Chapter 11 filing, the company said it had assets of $20.7 billion and liabilities of $16.1 billion, making it the biggest US bankruptcy in more than a year, Bloomberg reports. (environmentalleader.com)
  • Bankruptcy sees an official receiver take control of your assets. (lifehack.org)
  • attorneys
  • The D.C. Bar Pro Bono Center pre-screens all clients before they are referred to volunteer attorneys to ensure that potential bankruptcy petitioners are eligible for pro bono services and good candidates for bankruptcy protection. (dcbar.org)
  • Bankruptcy Clinic volunteers who are not experienced bankruptcy attorneys must attend one of the clinic's twice-yearly training sessions. (dcbar.org)
  • Volunteer attorneys have access to mentors, training manuals and other materials available on www.probono.net/DC/bankruptcy , support of Pro Bono Center staff, use of bankruptcy preparation software, and client meeting space. (dcbar.org)
  • The Doan Attorneys - a father-and-five-sons - have helped thousands of Californians file bankruptcy and get out of debt for more than two decades, with Chapter 7 Debt Wipeout and Chapter 13 Repayment Plans. (nolo.com)
  • municipal
  • The filing of Chapter 9 bankruptcy, a rare event for the U.S. municipal issuers, was left as the only option to close a deficit of $26 million for the budget of the new fiscal year. (reuters.com)
  • The U.S. municipal market debt market is on high alert for any signs of financial stress that could tip more local governments in the most populous U.S. state in the direction of Chapter 9 bankruptcy, which can be used to breach contracts, including those with lenders. (reuters.com)
  • city's
  • Standard & Poor's Ratings Services downgraded Stockton to default from selective default on Wednesday, citing the city's move toward bankruptcy and expectations that it will not substantially pay all of its obligations as they come due. (reuters.com)
  • debt
  • According to Domowitz and Sartain (1999), Stavins (2000), and Fay, Hurst, and White (2002), credit card debt is more closely correlated with rates of delinquency and bankruptcy than is total debt. (hhs.gov)
  • Furthermore, levels of total debt (including home mortgage) are negatively correlated with bankruptcy. (hhs.gov)
  • SunEdison filed for bankruptcy yesterday, following a buying spree that sunk the renewable energy company deep into debt. (environmentalleader.com)
  • The lame-duck mayor says bankruptcy was inevitable for the financially troubled city after it hit rock bottom from loads of debt. (yahoo.com)
  • DETROIT (AP) - Outgoing Detroit Mayor Dave Bing says the once-thriving automotive capital of the world had no choice but to file for bankruptcy after it "hit bottom," buried by high pension and health care obligations and millions of dollars in bond debt. (yahoo.com)
  • Bankruptcy Lawyer - Wajda Law Group - Eliminate your Debt Today! (nolo.com)
  • DETROIT - The city of Detroit's historic Chapter 9 bankruptcy will end Wednesday, setting in motion a sweeping plan to slash $7 billion in debt and reinvest $1.4 billion over 10 years to improve city services. (jsonline.com)
  • Debt delinquencies are at unprecedented levels, bankruptcies are soaring, retail stores are closing at a record pace, this is the worst economy for farmers since the early 1980s, exports are plummeting and a brand new real estate crisis has now begun. (theeconomiccollapseblog.com)
  • This week we published a deep look at why bankruptcy frequently fails to provide relief to black Americans struggling with debt. (getoutofdebt.org)
  • Dear Steve, I graduated college in August 2010 and filed Chapter 13 bankruptcy in September of 2010 to get rid of some credit card debt I had. (getoutofdebt.org)
  • We have helped thousands of people across Texas with Bankruptcy, Debt Lawsuit Defense, Judgment Defense, and Student Loan Defaults. (nolo.com)
  • Filing
  • It is not a guide for filing for bankruptcy. (uscourts.gov)
  • Bankruptcy Basics is not a substitute for the advice of competent legal counsel or a financial expert, nor is it a step-by-step guide for filing for bankruptcy. (uscourts.gov)
  • Dr. Morgan Moor, an internist, narrowly escaped filing for bankruptcy in 2011. (cnn.com)
  • Filing for bankruptcy, though, has a negative effect on future asset building as it affects the type of credit that is available (likely preventing a home mortgage) and the price of credit that is available. (hhs.gov)
  • Are you considering filing for Chapter 7 or Chapter 13 bankruptcy in Washington? (nolo.com)
  • A rep for Braxton tells TMZ, "All of the payments made to Lewis prior to Toni's bankruptcy filing were appropriate transfers for reasonable and necessary personal and business expenses in the ordinary course of her business. (tmz.com)
  • As a result of a Chapter 7 filing, the US Bankruptcy Court, Southern District of Florida has ordered the sale of Rockin Time Holdings, Inc. domain names. (prweb.com)
  • If you are a married couple filing together (a joint bankruptcy), some states allow you to double the exemption amount. (nolo.com)
  • That will give city staff time to work on solutions to avoid a bankruptcy filing and gather material needed for a fiscal emergency declaration, according to the notice. (reuters.com)
  • As of March, Suleman's husband, apparently the octuplets' grandfather, was working in Iraq, according to the bankruptcy filing. (go.com)
  • file
  • She quickly called Langley and he was able to file an emergency bankruptcy for her online while the officials were still in the waiting room. (cnn.com)
  • What is also not clear is whether those who file for bankruptcy are worse off economically than those who do not. (hhs.gov)
  • Stockton becomes the nation's most populous to file for Chapter 9 bankruptcy. (reuters.com)
  • The company said on its website that its board of directors agreed Friday to file for bankruptcy protection and that a special meeting of shareholders will be held on Nov. 28 to ratify the decision. (yahoo.com)
  • If the leaders of Atwater declare a fiscal emergency, the city of approximately 28,200 residents in Merced County in California's Central Valley could become the fourth city in the state to file for Chapter 9 bankruptcy this year. (reuters.com)
  • practices
  • As many doctors struggle to keep their practices financially sound , some are buckling under money woes and being pushed into bankruptcy. (cnn.com)
  • households
  • In 2012, 1.2 million households filed personal bankruptcy petitions nationwide, for a five-year cumulative total of 6.5 million petitions, representing about 5.7 percent of all US households. (dcbar.org)
  • The recent Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 (Public Law 109-8) is unlikely to affect low-income households because it is targeted at households with income above the median. (hhs.gov)
  • case
  • It also provides individuals who may be considering bankruptcy with a basic explanation of the different chapters under which a bankruptcy case may be filed and answers some of the most commonly asked questions about the bankruptcy process. (uscourts.gov)
  • He gave them the bankruptcy case number, and they left without closing the clinic. (cnn.com)
  • Learn about Washington state's homestead exemption and how it applies in a bankruptcy case. (nolo.com)
  • Thus, in one case, the student loan was advanced in 1977, a general bankruptcy discharge was granted in 1999, and attempts to collect the student loan began in 2012. (huffingtonpost.com)
  • Angeles
  • The city of 210,000 residents 65 miles (104 km) east of Los Angeles filed for bankruptcy on Aug. 1 following a report that said it had tapped out its reserves and projected spending would top revenue by $45 million in the fiscal year that began on July 1. (reuters.com)
  • schedules
  • The trainings feature a discussion on the basic skills used to interview a prospective client, prepare bankruptcy schedules, and represent a debtor through a Chapter 7 proceeding. (dcbar.org)
  • lawsuits
  • Bankruptcy stops a barrage of lawsuits and allows the city breathing room while working toward a plan of adjustment and moving Stockton forward. (reuters.com)
  • Detroit
  • His skill set is bankruptcy, not running the city of Detroit. (yahoo.com)
  • To try to take us through bankruptcy and run the city of Detroit, he cannot get that done. (yahoo.com)
  • Detroit emergency manager Kevyn Orr told reporters that the final paperwork required to allowed the city to emerge from bankruptcy will be completed by the end of the day. (jsonline.com)
  • The consummation of the bankruptcy plan will allow the Detroit Institute of Art to spin off as an independent institution. (jsonline.com)
  • Detroit bankruptcy mediators, led by U.S. District Chief Judge Gerald Rosen, raised $366 million in 20-year pledges from a group of national and local foundations to help fund the grand bargain. (jsonline.com)
  • company
  • Freedom Industries, the company responsible for the chemical spill in West Virginia earlier this month that left more than 300,000 residents and many businesses without drinkable tap water, has filed for Chapter 11 bankruptcy, the New York Times reports. (environmentalleader.com)
  • The Malmö company behind the premium smartwatch brand Kronaby has filed for bankruptcy after an abrupt shift in strategy at its Chinese backers. (thelocal.se)
  • firm
  • A Foreclosure and Bankruptcy Law Firm. (nolo.com)
  • H. Brad Parker, P.C. is a Houston law firm providing general legal services, with emphasis on commercial litigation, bankruptcy, collection and real estate. (nolo.com)
  • statements
  • Not only do you have an obligation to supply correct information on your bankruptcy forms, purposefully making inaccurate statements could be considered fraudulent. (nolo.com)
  • years
  • Five years ago, Plantation, Fla.-based bankruptcy attorney David Langley didn't have a single doctor as a client. (cnn.com)
  • Bankruptcy fraud is punishable by up to $250,000, 20 years in prison, or both. (nolo.com)
  • work
  • For some people, bankruptcy isn't the preferred option because this route can cause long-term problems, such as issues accessing credit, losing property and getting work. (lifehack.org)
  • avoid
  • We are extremely disappointed that we have been unable to avoid bankruptcy," Mayor Ann Johnston said in a statement. (reuters.com)
  • Admittedly I was once in the avoid bankruptcy camp because I just wasn't well prepared for the experience. (getoutofdebt.org)