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Two recent rulings address eligibility for Chapter 9 bankruptcy protection
Two recent rulings have provided significant guidance on the determination of whether an entity is eligible to be a debtor under Chapter 9 of the Bankruptcy
Updated: 05/27/2010 12:39P

Pennsylvania Academy of Music files for bankruptcy
The Pennsylvania Academy of Music today filed for bankruptcy reorganization, its interim executive director announced.
Updated: 05/27/2010 12:38P

Board's choice of financing over bankruptcy survives Revlon review
With bankruptcy the only other alternative, the board approved the financing, under the terms of which the company issued notes convertible into over 90% of
Updated: 05/27/2010 12:28P

Free Marketers on Student Lending: Protect the Banks
When the bankruptcy code was amended in 2005, private student loans became virtually unforgivable. The bill would return the law to its pre-2005 language,
Updated: 05/27/2010 12:23P

Taxes could be a factor when using debt settlement
Rather than fall into bankruptcy, which can reduce a credit score for years, consumers may consider debt settlement in to
Updated: 05/27/2010 12:08P

Will Miami Declare Bankruptcy?
The risk of bankruptcy is very real. Thanks to a loyal Sense on Cents reader for bringing the impending financial doom in Miami to our attention.
Updated: 05/27/2010 11:43A

Why Many Debt Ridden Consumers Are Turning To Debt Settlement Programs
This is typically the last option before filing bankruptcy. Creditors will agree to take partial payment if they believe the consumer is a legitimate
Updated: 05/27/2010 11:40A

Personal Bankruptcy in America
Personal bankruptcy is an option when an individual has too much debt and cannot keep up with their financial obligations. The US Bankruptcy Code was
Updated: 05/27/2010 11:28A

Takeaway owner fears bankruptcy after opening hours plans rejected
A TAKEAWAY owner says he faces bankruptcy and the loss of his home as he looks to pay off £15000 of debt. Ashiz Hussain asked for permission to extend the
Updated: 05/27/2010 11:26A

AOL founder invests in Vinfolio
AOL co-founder Steve Case has invested in Vinfolio, the revived wine internet services provider which filed for bankruptcy protection earlier this year.
Updated: 05/27/2010 11:21A

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