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February 26, 2010
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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?    
 
 
Can Co-Signers Be Protected
If you file Chapter 7 bankruptcy, the creditor can proceed against your co-signers, according to the terms of the debt agreement. However, if you file a Chapter 13 debt adjustment, a co-signer is protected if the following conditions are met. The debt must be a consumer debt. Also, the debt may not be incurred in the ordinary course of business, and the co-signer cannot benefit from the proceeds of the debt.

 


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News about Bankruptcy in Wisconsin and nationwide:

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

NEW YORK: A U.S. bankruptcy court judge has turned down Gen...

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Applicability Of Chapters
(a) Except as provided in section 1161 of this title, chapters 1, 3, and 5 of this title apply in a case under chapter 7, 11, 12, or 13 of this tit...
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U.S. Trustee Program Launches Bankruptcy Civil Enforcement Initiative
WASHINGTON, D.C. The United States Trustee Program has launched an initiative to more aggressively use existing civil enforcement methods to curb a...
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More Bankruptcy News >

 
 

Bankruptcy Terms

 


Today's Terms

Chapter Ten

Definition:
A new chapter of the bankruptcy code proposed in 1992 and pending in 1993. Chapter 10, like Chapter XI of the old code, is designed for small business reorganizations.

Reorganization

Definition:
The resolving of a Chapter 11 bankruptcy by the emergence of the debtor as a viable business. Generally, the company agrees with creditors on a plan for payment of their claims (plan of reorganization) and emerges from Chapter 11 after the plan is confirmed by the court.

Adversary proceeding

Definition:
Litigation within a bankruptcy proceeding instituted by the filing of a complaint.

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 >


Wisconsin Bankruptcy Attorney

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

  • Appleton
  • Beloit
  • Burlington
  • Chippewa Falls
  • De Pere
  • Eau Claire
  • Fond Du Lac
  • Franklin
  • Green Bay
  • Janesville
  • Kenosha
  • La Crosse
  • Madison
  • Manitowoc
  • Marshfield
  • Menomonee Falls
  • Milwaukee
  • Neenah
  • New Berlin
  • Oak Creek
  • Oconomowoc
  • Oshkosh
  • Racine
  • Sheboygan
  • Stevens Point
  • Sun Prairie
  • Superior
  • Waukesha
  • Wausau
  • West Bend
  • Wisconsin Rapids
 


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