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February 06, 2012
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Bankruptcy News

 

Safeguards in Place on Tax and Personal Information

Attorney General Advocates Pay Raise for Federal Judges

Eighth Circuit Court of Appeals Finds that the U.S. Commodity Futures Trading Commission Properly Pursued Charges Against NRG Energy, Inc. in Minnesota District Court

U.S. Bankruptcy Court Approves SGI's Disclosure Statement For Voting Purposes

Bankruptcy Filings Rose In March 2006 12-Month Period

Medical Costs Contribute To Fewer Than One In Five Bankruptcies

Bankruptcy Filings Rose in March 2006

U.S. Trustee Program Announces Stipulated Agreement

In Pennsylvania, U.S. Labor Department Sues Owner Of Company Gone Bankrupt

President Signs Bankruptcy Abuse Prevention, Consumer Protection Act

New Bankruptcy Law 2005

U.S. Bankruptcy Court Declines GM Plea to Halt Delphi Hearing

Delaware Bankruptcy Court's Grants New Hampshire's Request for $100,000 to Pay Accrued

CFA, ATTORNEYS: CONGRESS SHOULD GIVE KATRINA VICTIMS FINANICAL

New Bankruptcy Law Requires Credit Counseling Before Filing

Bankruptcy Abuse Prevention And Consumer Protection Act Of 2005

Undergo Credit Counseling Before Filing For Bankruptcy

Accountant Means Accountant Authorized Under Applicable Law To Practice Public Accounting

Definitions Accountant Continue On Page...2

Applicability Of Chapters

The Honorable Jed Rakoff Approves Settlement of SEC'S Claim for a Civil Penalty Against Worldcom

Senate Passes Schumer Amendment To Bankruptcy Bill To Crack Down On Predatory Loans

Representative Adam Smith Will Support Bankruptcy Reform

SEC Files Supplement to Proposed Worldcom Penalty Settlement; Proposal Subject to District and Bankruptcy Court Review and Approval

Three Indicted For Bankruptcy Fraud, Impeding The Fdic's Operations

Customers of Enron-related REPs Protected Safeguards Approved for 13,500 non-residential Customers

FTC Announces Settlement With Bankrupt Website, Toysmart.com, Regarding Alleged Privacy Policy Violations

SEC Charges Scott D. Sullivan, WorldCom’s Former Chief Financial Officer, with Engaging in Multi-Billion Dollar Financial Fraud

U.S. Trustee Program Launches Bankruptcy Civil Enforcement Initiative

Corporate Bankruptcy

Total Bankruptcy Filings Down

Personal Bankruptcy Filings Doubled In Last Decade As Consumer Debt Reached Record Levels

Civil Enforcement Coordinators Appointed For U.S. Trustee Program

Bankruptcy Filings Continue to Increase,Records Broken for Total Filings and Non-Business Filings 2003

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Did You Know?    
 
 
Special purpose entities in bankruptcy can be used
A business, usually a special-purpose entity, established to perform limited functions and to have one or a few primary creditors. This type of entity is sometimes established to protect lenders on large, complex projects, when the lender is to be paid solely or almost exclusively out of the money generated when the project becomes operational.

 


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News about Bankruptcy in Indiana and nationwide:

In Pennsylvania, U.S. Labor Department Sues Owner Of Company Gone Bankrupt
Philadelphia, Pennsylvania - The U.S. Department of Labor has filed an adversary complaint in federal bankruptcy court against the owner of now def...
Read more >


Personal Bankruptcy Filings Doubled In Last Decade As Consumer Debt Reached Record Levels
There was one bankruptcy filed for every 73 U.S. households during calendar year 2003, up 97 percent from the 144 U.S. households per bankruptcy fi...
Read more >


Bankruptcy Filings Continue to Increase,Records Broken for Total Filings and Non-Business Filings 2003
The number of bankruptcy petitions filed in federal courts rose 7.1 percent in the 12-month period ending March 31, 2003, according to statistics r...
Read more >


More Bankruptcy News >

 
 

Bankruptcy Terms

 


Today's Terms

Bankrupt

Definition:
The entity that files a bankruptcy; the debtor; the insolvent entity. This is a non-technical term and is not used in the Bankruptcy Code.

Period of exclusivity

Definition:
Personal bankruptcy - filed by an individual; also called a household bankruptcy, consumer bankruptcy or wage-earner bankruptcy. (see Chapter 13 and also Chapter 12).

Small claims

Definition:
Also sometimes called convenience claims - under a plan of reorganization or liquidation, claims that are small (e.g. in the hundreds or thousands of dollars range) and numerous are often grouped into a single class and settled for cash for administrative convenience.

More Bankruptcy Terms >

Bankruptcy Resources

 


Search Bankruptcy resources in our resource center:

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Bankruptcy Hot Topics

 
Topics Related to Bankruptcy:

  • Chapter 7
  • Chapter 13
  • Chapter 11
  • Chapter 12
  • Chapter 9

More Bankruptcy Topics >


Indiana Bankruptcy Attorney

 
If you live in the following cities and need a Bankruptcy attorney you should contact our Bankruptcy Attorney as soon as possible:

  • Bloomington
  • Brownsburg
  • Carmel
  • Columbus
  • Connersville
  • Crawfordsville
  • Crown Point
  • East Chicago
  • Elkhart
  • Evansville
  • Fishers
  • Fort Wayne
  • Franklin
  • Goshen
  • Granger
  • Greenfield
  • Greenwood
  • Hobart
  • Huntington
  • Indianapolis
  • Jeffersonville
  • Kokomo
  • La Porte
  • Lafayette
  • Logansport
  • Marion
  • Martinsville
  • Merrillville
  • Michigan City
  • Mishawaka
  • Muncie
  • New Albany
  • New Castle
  • Newburgh
  • Noblesville
  • Peru
  • Plainfield
  • Portage
  • Richmond
  • Seymour
  • Shelbyville
  • South Bend
  • Terre Haute
  • Valparaiso
  • Vincennes
  • West Lafayette
 


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