Bankruptcy News

Personal Bankruptcy Lawyers Forced to Reduce Rates as National Bankruptcy Filings Decline
CHICAGO, IL-- - Last year's 12 percent drop in bankruptcy filings may be good news to consumers, but for the lawyers who represent them it could mean a substantial blow to the budget.According to a recent ...
ECU trustee files for personal bankruptcy
East Carolina University Trustee Mark Tipton has filed for personal bankruptcy. The Triangle Business Journal reported on Tuesday that the Raleigh-based developer filed a Chapter 11 petition in U.S. Bankruptcy Court for the Eastern District of North Carolina on Monday.
Sacramento developer Sotiris Kolokotronis files personal bankruptcy
Prominent Sacramento developer Sotiris K. Kolokotronis filed personal bankruptcy on Friday, listing debts of $130 million.
Fitch: Bankruptcies fall nearly 12 pct in 2011
Personal bankruptcy filings fell for the first time in four years in 2011 as consumers showed restraint in borrowing and paid down existing debt, Fitch Ratings service said Wednesday.Personal bankruptcy ...
The Oklahoma Bankruptcy Lawyers at Atkins & Markoff Alert Public to Release of 2011 Personal Bankruptcy Filing ...
The Oklahoma bankruptcy lawyers at the law firm of Atkins & Markoff, whose law firm Web site URL can be found at http://OklahomaBankruptcyLawCenter.com, hereby alert the public of the release of the statistics concerning the filing rate for personal bankruptcy cases in the United States in 2011. One in every 175 Americans filed for personal bankruptcy protection in 2011, which is lower than ...
Sacramento developer Kolokotronis files for Chapter 7 bankruptcy
Sacramento developer Sotiris Kolokotronis filed for personal bankruptcy Friday following years of legal battles over a failed Elk Grove housing complex.
Fitch: Consumer Bankruptcies Drop 11% in 2011 Topping Forecast
Fitch Ratings says personal bankruptcy filings declined for the first time in four years in 2011, as economic conditions improved marginally during most of the year and consumers reigned in borrowing and paid down existing debt.
Martino creditor can’t sell wrecked gyro…yet
A federal judge today ruled that a creditor in Troubleshooter Tom Martino’s personal bankruptcy case couldn’t sell the wrecked gyroplane he bought from the radio personality, saying the rules of evidence trumped the creditor’s financial dilemma forcing the sale. In what amounts to a small victory in Martino’s ongoing battle to beat back a variety [...]
FITCH: Personal Bankruptcy Filings Fell For The First Time In 4 Years
The agency had expected a more modest 5 percent decline. It was the first decline in four years.. The drop-off translated into a 37 percent decline in credit card chargeoffs; bankruptcies usually make up between 20 and percent of all chargeoffs.
Prentice Restaurant Group to expand
Restaurateur Matt Prentice says an improving Michigan economy and new business opportunities a year after he filed for personal bankruptcy are allowing him to open four new restaurants and hire 300 workers.