Content Related To 'bankruptcy'
Can You Keep Your Car in a Bankruptcy Proceeding? Both state and federal bankruptcy laws provide some level of exemption for the value of a motor vehicle when you file for protection under Chapter 7. Depending on your circumstances, you may or may not be able to keep your vehicle in a Chapter 7 petition. […]
Can You Discharge Student Loan Payments in Bankruptcy? For many Americans struggling with overwhelming debt, the single biggest obligation they face is student loans. Unfortunately, it is extremely hard to discharge student loan debt in bankruptcy. Here are the limited circumstances when you may successfully rid yourself of such a debt. Do You Qualify for […]
NEW YORK (TheStreet) — Contrary to conventional wisdom, bankruptcy can do a struggling business tremendous good. Debts can be minimized, uncompetitive employee contracts can be renegotiated, and burdensome business units can be sold off. American Airlines , LyondellBasell and even, yes, Eastman Kodak are examples of the tough but necessary change that happens in bankruptcy […]