Bankruptcy is a legally declared inability by an individual, or business, to pay their creditors. The declaration is known as seeking bankruptcy protection (from creditors) or initiating a bankruptcy filing. Unsecured debts -- like credit card balances -- are typically in peril in bankruptcy filings. But recent changes to the U.S. bankruptcy code have seen more consumers forced to file Chapter 13, which requires a debt repayment plan, rather than Chapter 7, which effectively wipes out unsecured debt.

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Commercial Bankruptcies: Examiners in a Chapter 11 Case

1 February 2010

State Attorney General Goes After Capital One for Debt Collection and Re-Aging

25 January 2010

Commercial Bankruptcies: Material Misstatements

25 January 2010

Commercial Bankruptcies:The Automatic Stay

15 January 2010

State Issues Suspension Order to Debt Collector Mann Bracken

15 January 2010

Commercial Bankruptcies: Prepackaged Bankruptcies

11 January 2010

ARM Leader Poised to Start New Chapter as Bankruptcy Court Judge

7 January 2010

Executive Change: Weltman, Weinberg & Reis Co., L.P.A. Elects New Partner

6 January 2010

Commercial Bankruptcy:Bankruptcy Dismissals, Failure to Provide Timely Payment Advice

4 January 2010

Commercial Bankruptcy: The Six Components of Leadership

23 December 2009

Bankruptcy Issues: Due Diligence Considerations

21 December 2009

Commercial Bankruptcies: Filing for Bankruptcy

14 December 2009

Commercial Bankruptcy: Involuntary Bankruptcy Petition

7 December 2009

Commercial Bankruptcy: How Landlords Can Protect Themselves When A Debtor Files for Bankruptcy Protection

30 November 2009

Consumer Bankruptcies March Upward, With More to Come

24 November 2009

Legal Collector Axiant Files Bankruptcy; NCO Group to Acquire

23 November 2009

Commercial Bankruptcies: Formation of an Unsecured Creditors? Committee

20 November 2009

Ask the Experts: How are bankrupt accounts treated in the ARM industry?

16 November 2009

Commercial Bankruptcies: Bankruptcy Issues

13 November 2009

Commercial Bankruptcies: Involuntary Bankruptcy Petition

6 November 2009