Recent Posts in Bankruptcy Category
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Posted on Dec 9, 2011 By Bizar & Doyle, LLC
The past few years have seen so many foreclosures logged on court records that some states anticipate going through them for decades. One popular blog in Baltimore noted that with the slow rate of ...
Continue reading "Maryland Faces Huge Foreclosure Backlog" »
Posted on Dec 8, 2011 By Bizar & Doyle, LLC
As the housing economy across the country is struggling to regain its former grandeur, developers left and right have been filing for bankruptcy. One such developer in Wichita was forced to file for ...
Continue reading "Developer Files for Chapter 7 due to Belly Up Projects" »
Posted on Dec 7, 2011 By Bizar & Doyle, LLC
A man known for working to renovate the downtown area has filed for Chapter 7 bankruptcy this month. Rather than build on the fringes of the city like many other developers do, this man has made it ...
Continue reading "Rennovator Moves Forward with Chapter 7" »
Posted on Dec 6, 2011 By Bizar & Doyle, LLC
Police are investigating the case of a businessman who took his own life last week in Aspen. The restaurateur moved from Las Vegas to Aspen last year in 2008 to open up a restaurant and club. Just a ...
Continue reading "Businessman Takes Life after Filing for Chapter 11" »
Posted on Dec 5, 2011 By Bizar & Doyle, LLC
A Manhattan judge issued a surprising ruling this week regarding the bankruptcy case of a brokerage firm. The New York based firm filed for business bankruptcy earlier this year, prompting an outcry ...
Continue reading "Manhattan Judge Issues Surprise Ruling" »
Posted on Dec 2, 2011 By Bizar & Doyle, LLC
The average American consumer's debt is on the rise every year and statistics show that the average low to middle-income family owes $8,650 in credit card debts alone. Based on research conducted ...
Continue reading "American Comsumers' Debt Increases Every Year" »
Posted on Dec 1, 2011 By Bizar & Doyle, LLC
A decline in the housing economy thwarted the success of an upscale retirement community in Chicago. The retirement home, located in popular yet wealthy section of the city, was expected to draw a ...
Continue reading "Retirement Community Goes Bankrupt" »
Posted on Nov 30, 2011 By Bizar & Doyle, LLC
According to one Illinois association, the sale of homes and condominiums in the state showed a decline in October. However, this figure is still higher than it was compared to the same period last ...
Continue reading "Real Estate Slows in Illinois" »
Posted on Nov 29, 2011 By Bizar & Doyle, LLC
Last quarter saw an increase in national foreclosures when compared to the two quarters preceding it. While this increase is certainly not wanted, it was not a surprise to most in the financial ...
Continue reading "Foreclosures Escalate Nationally" »
Posted on Nov 28, 2011 By Bizar & Doyle, LLC
One of the greatest institutions of our nation, the postal service, is in danger of filing for bankruptcy. In an effort to hold off on business bankruptcy, the U.S. Postal Service is taking measures ...
Continue reading "Postal Service Faces Bankruptcy" »
Posted on Nov 25, 2011 By Bizar & Doyle, LLC
Are you thinking about pursuing bankruptcy due to your debts? If so, you have likely heard about two different types of bankruptcy offered in the U.S.: Chapter 7 and Chapter 13 . Depending on your ...
Continue reading "Two Types of Bankruptcy Available to Consumers" »
Posted on Nov 24, 2011 By Bizar & Doyle, LLC
Are you in serious debt? If so, there are several ways that you can work yourself out of your financial hardships and back to more stable ground. First, you could use your assets as leverage to get ...
Continue reading "Tips to Relieve Debt" »
Posted on Nov 23, 2011 By Bizar & Doyle, LLC
While some homeowners enjoyed a period of relief during the robo-signing scandal of last year and early this year, foreclosure rates are back on the rise. According to a company that watches ...
Continue reading "Foreclosures Increased in Illinois in October" »
Posted on Nov 22, 2011 By Bizar & Doyle, LLC
The state of Indiana received good news last month: it had fewer bankruptcies during the last fiscal year compared to the previous year. According to one recent report, the state saw an 8 percent ...
Continue reading "Bankruptcy Statistics Show Decline" »
Posted on Nov 21, 2011 By Bizar & Doyle, LLC
A global firm is in hot water after filing for business bankruptcy earlier this month. While this is not surprising in and of itself considering the high rate of business bankruptcies recently, there ...
Continue reading "Global Firm in Hot Water" »
Posted on Nov 18, 2011 By Bizar & Doyle, LLC
If you are in danger of losing your home to foreclosure , it is no surprise as thousands of people just like you across America are in the same boat. However, you do have options when it comes to ...
Continue reading "Short Sales: Alternative to Foreclosure" »
Posted on Nov 17, 2011 By Bizar & Doyle, LLC
Good news - bankruptcy filings are on the decline across the country, giving hope that the economy may slowly be starting to repair itself. According to one researcher, the filings for October 2011 ...
Continue reading "Bankruptcy Filings Lower in October" »
Posted on Nov 16, 2011 By Bizar & Doyle, LLC
Once you have filed for Chapter 7 bankruptcy and received court approval, you will then need a discharge order. This is an important document that tells your creditors that you have successfully filed ...
Continue reading "Chapter 7 Discharge Order" »
Posted on Nov 15, 2011 By Bizar & Doyle, LLC
Have you recently decided to file for bankruptcy? If so, you will soon be appointed a bankruptcy trustee. If you filed under Chapter 7 or Chapter 13 bankruptcy, a judge will appoint you a trustee to ...
Continue reading "Getting a Bankruptcy Trustee" »
Posted on Nov 14, 2011 By Bizar & Doyle, LLC
Rather than decide the case herself just yet, a bankruptcy judge in Wilmington, Delaware has ordered a national bank to continue mediation with its creditors. According to her ruling last week, the ...
Continue reading "National Bank Ordered to Continue Creditor Mediation" »
Posted on Nov 11, 2011 By Bizar & Doyle, LLC
While nobody likes to be in debt, being harassed by creditors is not only wrong, it is illegal. Thanks to the FDCPA, creditors have certain laws that they must follow when they attempt to contact you. ...
Continue reading "Put an End to Creditor Abuse" »
Posted on Nov 10, 2011 By Bizar & Doyle, LLC
Are you in danger of losing your home or car due to unpaid bills? If so, you may be an eligible candidate for Chapter 13 bankruptcy. Unlike Chapter 7 bankruptcy, you will not be asked to sell of your ...
Continue reading "Keep Your Assets with Chapter 13" »
Posted on Nov 9, 2011 By Bizar & Doyle, LLC
Sure, bankruptcy does carry a social stigma for those who file. However, it can change your life for the better if you understand how bankruptcy really works. If you are seriously in debt with no way ...
Continue reading "Bankruptcy Can Alleviate Your Financial Stress" »
Posted on Nov 8, 2011 By Bizar & Doyle, LLC
A real estate developer in Florida may be forced to file for Chapter 7 bankruptcy if the company's creditors get their way. When a company has serious debts, its creditors can file a motion to ...
Continue reading "Creditors Forcing Company into Chapter 7" »
Posted on Nov 7, 2011 By Bizar & Doyle, LLC
A popular pizza restaurant chain in Chicago, Illinois could be coming to the end of its business bankruptcy filing, thanks to a serious offer to buy out its restaurant operations. According to a ...
Continue reading "Pizza Chain Gets Buy Out Offer" »
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