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Bankruptcy News

• Judge approves settlement of software company's Chapter 11 bankruptcy
  It's been a little more than four months since software developer think3 filed for protection under Chapter 11 bankruptcy law, but a settlement has finally been approved.   Read More . . .
  
  
  
• Bankruptcy in Florida's middle district down 16 percent
  The U.S. Bankruptcy Court Middle District of Florida has reported a 16 percent decrease in bankruptcy filings during the first eight months of 2011 compared to the same period last year.   Read More . . .
  
  
  
• Bankrupt college bookstore chain delays bankruptcy hearing
  Nebraska Book, the Lincoln-based college bookstore chain that is looking to emerge from protection under bankruptcy law, has delayed a hearing with the U.S. Bankruptcy Court in Delaware.   Read More . . .
  
  
  
• New Jersey hospital's bankruptcy held up by settlement discrepancy
  The latest in New Jersey's Hoboken University Hospital's bankruptcy case has creditors pursuing more than $10 million as part of a settlement that would allow for the sale of the facility, the Statehouse Bureau reports.   Read More . . .
  
  
  
• California bankruptcies diverse
  With California contributing significantly to the number of personal and business bankruptcy filings over the past year, lawyers in the region are scrambling to try and attract as much attention for their services as possible.   Read More . . .
  
  
  
• Solyndra sets deadline for bids on the company's assets
  The latest development in the Solyndra bankruptcy, the high profile solar panel maker that was once the recipient of a federal bailout, has the company planning an October 25 deadline for potential buyers to bid on their assets.   Read More . . .
  
  
  
• Forged signature, bankruptcy fraud result in prison sentences for two men
  An Alabama man faces 10 months in prison for forging a bankruptcy judge's signature on a document used in his child support case.   Read More . . .
  
  
  
• Philadelphia Orchestra bankruptcy now featuring email probe
  The latest development in the Philadelphia Orchestra Association bankruptcy case has bankruptcy lawyers for the American Federation of Musicians and Employers' Pension Fund sifting through more than 50,000 emails in search of extra funds that may be available to creditors.   Read More . . .
  
  
  
• Man with history of bankruptcy buys North Carolina's Heavenly Mountain for $10.5 million
  A 381-acre section of Heavenly Mountain in North Carolina was recently sold at auction for more than $10.5 million, but the buyer has a history of numerous filings for protection under bankruptcy law.   Read More . . .
  
  
  
• Pennsylvania bankruptcy lawyer faces litany of charges
  A Pennsylvania bankruptcy attorney is facing charges that he allegedly made a false declaration or certification in a bankruptcy case, in addition to charges of bankruptcy fraud and embezzlement.   Read More . . .
  
  
  
• Crystal Cathedral bankruptcy moving forward with potential sale
  The Crystal Cathedral bankruptcy pushes on, as the latest development has the judge overseeing the case agreeing to move forward with an exit plan that would signal the sale of the church's Garden Grove property, the Los Angeles Times reports.   Read More . . .
  
  
  
• The NHL's Dallas Stars nearing Chapter 11 bankruptcy
  The Dallas Stars of the National Hockey League are expected to file for protection under Chapter 11 bankruptcy law within the next few days.   Read More . . .
  
  
  
• Washington Mutual's reorganization plan rejected by judge for second time
  Washington Mutual's filing for protection under Chapter 11 bankruptcy law has been rejected for a second time by the judge overseeing the case.   Read More . . .
  
  
  
• Western New York records drop in bankruptcy filings for 15th straight month
  The western region of New York continues to lead the way in reduced bankruptcy filings with the recent news of a 20 percent drop in August compared to the same month last year.   Read More . . .
  
  
  
• Bankruptcy filings increase among educated, high income earners
  A new report indicates that the number of college educated, high income earners filing for protection under bankruptcy law is on the rise.   Read More . . .
  
  
  
• Associated Grocers of Maine denied bankruptcy protection
  A bankruptcy judge recently tossed the case filed on behalf of the Associated Grocers of Maine, saying the distributor cannot repay its creditors or its former employees.   Read More . . .
  
  
  
• Newspaper copyright lawsuit filer may be closing in on bankruptcy
  A Las Vegas-based copyright trolling firm recently told a federal judge in Nevada that it plans to file for protection under bankruptcy law or shut down its operations.   Read More . . .
  
  
  
• Consumer bankruptcies continue to decline in August
  The American Bankruptcy Institute is reporting an 11 percent drop nationwide in filings for protection under bankruptcy law for August compared to the same month last year.   Read More . . .
  
  
  
• New Jersey Devils teetering on brink of bankruptcy
  The New Jersey Devils of the National Hockey League could be in danger of bankruptcy after missing a recent loan payment.   Read More . . .
  
  
  
• Bankruptcy judge orders insurers to pay up in church's reorganization plan
  The Catholic Diocese of Wilmington's state reorganization plan after filing for Chapter 11 bankruptcy recently got a shot in the arm by a bankruptcy judge.   Read More . . .
  
  
  
• Solyndra looking for potential buyer after filing bankruptcy
  Solyndra, the manufacturer of cylindrical solar systems that recently filed for protection under Chapter 11 bankruptcy law citing $783.8 million in secured debt, is seeking a potential buyer.   Read More . . .
  
  
  
• Phoenix area records bump in bankruptcy filings for August
  The Phoenix area experienced a 13 percent hike in bankruptcy filings in August compared to July, The Arizona Republic reported.   Read More . . .
  
  
  
• Florida golf resort and spa set to emerge from Chapter 11 bankruptcy protection
  After more than a year in Chapter 11 bankruptcy, Florida's Sawgrass Marriott Golf Resort & Spa is on its way to emerging from protection.   Read More . . .
  
  
  
• New Jersey hospital submits settlement plan to bankruptcy court
  A New Jersey hospital has submitted its settlement plan to a U.S. bankruptcy judge for approval just one month after it filed for protection under Chapter 11 bankruptcy law.   Read More . . .
  
  
  
• Saab Automobile denied protection from its creditors under bankruptcy law
  A Swedish court has rejected Saab Automobile's filing for protection under bankruptcy law, leaving the door open for its creditors as well as the possibility of bankruptcy filings from labor unions.   Read More . . .
  
  
  
• Saab unable to avoid bankruptcy, files for protection from its creditors
  Saab Automobile AB has filed for protection under bankruptcy law just a week after it applied for a $157 million loan in an effort to avoid bankruptcy.   Read More . . .
  
  
  
• North America's top maker of coated papers files for bankruptcy protection
  Six years after its purchase by Cerberus Capital Management, NewPage has filed for protection under Chapter 11 bankruptcy law.   Read More . . .
  
  
  
• Trustee requested for wireless internet provider's Chapter 11 bankruptcy case
  Xanadoo, a wireless internet service provider offering high-speed fourth generation wireless, recently filed for protection under Chapter 11 bankruptcy law and is close to receiving a court-appointed trustee.   Read More . . .
  
  
  
• Date set for Borders intellectual property auction
  Now that Borders has completed its protection under Chapter 11 bankruptcy law and failed to restructure or find a suitable partner to sell to, all that is left is the auction of intellectual property.   Read More . . .
  
  
  
• Chain of Bay Area community markets files for Chapter 11
  A chain of community markets in California's Bay Area recently filed for protection under bankruptcy law and is seeking the highest bidder in order to sell ownership of the company.   Read More . . .
  
  
  
• Northwest Ohio records 26 percent drop in bankruptcy filings for August
  The number of filings for protection under bankruptcy law have declined 26 percent in August 2011 compared to August 2010 for the northwest Ohio region.   Read More . . .
  
  
  
• California night club files for Chapter 11 bankruptcy, remains operational
  A popular night club in Santa Rosa, California, recently filed for protection under Chapter 11 bankruptcy law in an attempt to reorganize and restructure its debt.   Read More . . .
  
  
  
• Saab targets $157 million loan to continue operations and avoid bankruptcy
  Swedish-based Saab Automobile is on the brink of securing a loan equal to US$157 million that would go toward paying the overdue salaries of employees in hopes of avoiding bankruptcy.   Read More . . .
  
  
  
• Solar panel manufacturer lays off workers, files for protection under bankruptcy law
  Fremont, California-based Solyndra, a solar panel manufacturer once the poster child for the Obama Administration's economic policies and push toward green technology solutions, has announced plans to file for protection under bankruptcy law.   Read More . . .
  
  
  
• Data security company emerges from Chapter 11 bankruptcy after two years
  QSGI, a data security company based in Palm Beach, Florida, recently emerged from its protection under Chapter 11 bankruptcy law.   Read More . . .
  
  
  
• Hawaii hotel owners file for bankruptcy protection, push for shift in management.
  The owners of Waikiki hotel in Hawaii have filed for protection under bankruptcy law after the resort's financial situation forced a shift in management.   Read More . . .
  
  
  
• Clark County, Washington, records 11 percent decrease in bankruptcy filings
  The number of bankruptcy filings in Clark County, Washington, is down more than 11 percent this year compared to last year.   Read More . . .
  
  
  
• Tribune Co. seeks bankruptcy court approval for payment incentives to managers
  The Tribune Co. is seeking approval from the bankruptcy court to continue its management incentive plan that would pay as much as $42.5 million to roughly 640 employees considered as management.   Read More . . .
  
  
  
• Former Georgia football coach's bankruptcy plan in doubt
  Jim Donnan, former football coach at the University of Georgia, has run into complications with his filing for protection under bankruptcy law.   Read More . . .
  
  
  
• Judge approves Harry & David's reorganization plan, date set for bankruptcy exit
  After originally filing for bankruptcy protection in March, gift box retailer Harry & David Holdings has received court approval of its reorganization plan and is set to exit bankruptcy on September 13.   Read More . . .
  
  
  
• Orange County records decline in bankruptcy filings for July
  Orange County, California, has recorded its first drop in filings for protection under bankruptcy law in five years.   Read More . . .
  
  
  
• Furniture manufacturer and retailer files for Chapter 11 bankruptcy
  A Buffalo, New York-area furniture manufacturer and retailer has filed for protection under Chapter 11 bankruptcy law but maintains it will continue to honor its orders.   Read More . . .
  
  
  
• Bankruptcy court still mulling Tribune Co.'s reorganization plan under Chapter 11 bankruptcy
  The bankruptcy judge overseeing the Tribune Co.'s case had no concrete answers for the chief restructuring officer when asked for a timeline on a ruling that would determine the fate of the company's reorganization plan.   Read More . . .
  
  
  
• Businesses filing for bankruptcy in Orange County up 110 percent since 2008
  The number of businesses filing for protection under bankruptcy law in Orange County, California, has increased 110.3 percent since the first quarter of 2008, according to the Orange County Register.   Read More . . .
  
  
  
• Second green tech company files for bankruptcy in August citing Chinese competition
  SpectraWatt, a top producer of solar products that is backed by Goldman Sachs Group and Intel Corp. units, is the second major green tech company to file for protection under Chapter 11 bankruptcy this month.   Read More . . .
  
  
  
• Bankruptcy judge still mulling Washington Mutual's Chapter 11 bankruptcy plan
  As Washington Mutual lurches toward the bankruptcy finish line, Judge Mary Walrath recently told hungry creditors that she is a long way away from issuing a decision on the company's $7 billion plan under Chapter 11 bankruptcy law.   Read More . . .
  
  
  
• Small business bankruptcies declined in past year
  A recent study by Equifax finds that the number of small businesses that have filed for protection under bankruptcy law has dropped by 15.32 percent from the first quarter of 2010 to the first quarter of 2011.   Read More . . .
  
  
  
• Bankruptcy court denies Sprint Nextel's motion against TerreStar Networks
  A U.S. bankruptcy court recently denied Sprint Nextel Corp's request for a partial summary judgment against TerreStar Networks, which filed for protection under Chapter 11 bankruptcy in October after claiming more than $1 billion in debt.   Read More . . .
  
  
  
• Redding, California, landlord filing for reorganization under Chapter 11 Bankruptcy law
  A former candidate for city council in Redding, California, and area landlord is filing for protection under Chapter 11 bankruptcy law.   Read More . . .
  
  
  
• Maine reports drop in bankruptcy filings
  Maine is on pace for its first decline in filings for protection under bankruptcy law in six years.   Read More . . .
  
  
  
• Hampton Roads, Virginia-area records decline in bankruptcies
  While the number of filings for protection under bankruptcy law have increased steadily in the Hampton Roads, Virginia-area over the years, the most recent numbers indicate a decline by consumers and businesses.   Read More . . .
  
  
  
• Alabama reports increase in bankruptcy filings, North Carolina filings decrease significantly
  While bankruptcy filings decreased nationwide by 8 percent for the first half of 2011 compared to the first half of last year, the Middle District of Alabama is reporting a slight increase in bankruptcies.   Read More . . .
  
  
  
• New York Jets backup quarterback ready to exit Chapter 11 bankruptcy
  Mark Brunell, former starting quarterback of the Jacksonville Jaguars of the National Football League, filed for protection under Chapter 11 bankruptcy law in June 2010 and is expected to exit the case in 30 to 45 days, according to The Florida Times-Union.   Read More . . .
  
  
  
• Georgia restaurant readying to exit from Chapter 11 bankruptcy
  The Blue Willow Inn in Social Circle, Georgia, is on its way to exiting out of protection from under Chapter 11 bankruptcy law.   Read More . . .
  
  
  
• Judge approves Louisville Orchestra's plan to exit Chapter 11 reorganization bankruptcy
  After filing for protection under bankruptcy law in December with $412,000 listed in assets and $1.4 million in liabilities, the Louisville Orchestra has emerged from Chapter 11 bankruptcy.   Read More . . .
  
  
  
• Bankruptcies in decline nationwide, experts predict possible increase
  While the total number of bankruptcies declined 8 percent nationwide for the first half of 2011 compared to the first half of 2010, some experts warn that might not necessarily be a positive sign.   Read More . . .
  
  
  
• Manufacturer of solar panels filing for Chapter 11 bankruptcy
  Evergreen Solar, a top developer and manufacturer of String Ribbon solar power products, recently announced its intentions to file for protection under Chapter 11 bankruptcy law.   Read More . . .
  
  
  
• Washington, D.C., bankruptcy filings decrease over past year
  Washington, D.C.-area bankruptcy filings saw a decrease in the past year thanks, in part, to the implementation of new foreclosure laws, according to the Washington Examiner.   Read More . . .
  
  
  
• New Jersey municipal court judge files Chapter 11 bankruptcy following failed real estate ventures
  A judge in Passaic County, New Jersey, recently filed for protection under Chapter 11 bankruptcy law in the wake of several failed real estate investments, according to The Record.   Read More . . .
  
  
  
• Former University of Georgia football coach reaches settlement on alleged Ponzi scheme
  A former football coach at the University of Georgia involved in the process of filing for protection under bankruptcy law, recently agreed to a settlement regarding an alleged Ponzi scheme.   Read More . . .
  
  
  
• Harry and David Holdings resolves pension plan dispute with PBGC
  Harry and David Holdings, a leading multi-channel retailer in specialty products and producer of gift fruit and other gourmet foods, recently reached an agreement with the Pension Benefit Guaranty Corporation regarding the dumping of the company's pension plan.   Read More . . .
  
  
  
• Connecticut sees drop in bankruptcies filed by consumers, businesses
  Bankruptcies filed by both consumers and businesses in Connecitcut declined in the first half of 2011 compared to the first half of 2010, according to The Day.   Read More . . .
  
  
  
• Sbarro pizza chain files reorganization plan in wake of Chapter 11 bankruptcy filing
  Melville, New York-based Sbarro recently filed a joint plan of reorganization with the U.S. Bankruptcy Court for the Southern District of New York.   Read More . . .
  
  
  
• Connecticut man pleads guilty to bankruptcy fraud related to company's Chapter 11 filing
  The manager of Reservoir Corporate Group, a Shelton, Connecticut-based limited liability company in the middle of its protection under Chapter 11 bankruptcy law, recently pleaded guilty in federal court to one count of bankruptcy fraud, according to the Westport News.   Read More . . .
  
  
  
• Bankruptcy filings decrease slightly nationwide, some districts report increases
  According to the Administrative Office of the U.S. Courts, bankruptcy filings for the year ending June 2011 marked a 2.7 percent decrease from the bankruptcy filings for the year ending June 2010.   Read More . . .
  
  
  
• Foliage wholesaler exits Chapter 11 bankruptcy, announces sale
  Nurserymen's Exchange, Inc, a top wholesaler of edible plants, indoor potted blooming plants and specialty foliage, completed its protection under Chapter 11 bankruptcy law and has finalized the sale of the company.   Read More . . .
  
  
  
• Western New York reports 30 percent drop in July bankruptcy filings
  New bankruptcy filings in the western region of New York plummeted by 30 percent in July compared to the number of filings from July 2010.   Read More . . .
  
  
  
• New Jersey hospital in sale talks, files Chapter 11 bankruptcy
  The Hoboken Municipal Hospital Authority in New Jersey has filed for protection under Chapter 11 bankruptcy law after claiming between 1,000 and 5,000 creditors and as much as $50 million in liabilities and assets, according to the Hudson Reporter.   Read More . . .
  
  
  
• Major League Baseball, Los Angeles Dodgers reach loan agreement in bankruptcy case
  The Los Angeles Dodgers and Major League Baseball have come to terms on a $150 million loan agreement.   Read More . . .
  
  
  
• Bankruptcy judge approves Florida developer's reorganization plan in Chapter 11 case
  A bankruptcy judge in Florida recently approved the reorganization plan for Fiddler's Creek, the developer of a 6,000 unit community development district near Naples.   Read More . . .
  
  
  
• North Carolina mobile home park owner files Chapter 11 bankruptcy
  A North Carolina mobile home park owner recently sought protection under Chapter 11 bankruptcy law after extensive property taxes and overdue water bills became too much to bear.   Read More . . .
  
  
  
• Rochester region of New York continues steady decline in bankruptcy filings
  Western New York continues to lead the way in decreasing bankruptcy filings, as the Rochester-area recently announced a 23.8 percent drop in regional bankruptcies in July 2011 compared to July 2010, according to the Rochester Business Journal.   Read More . . .
  
  
  
• Jefferson County can still borrow money in the future despite bankruptcy, according to experts
  Jefferson County in Alabama continues to debate whether or not to seek protection under Chapter 9 bankruptcy law, but should not let their ability to borrow funds in the future factor into the decision, according to Bloomberg News.   Read More . . .
  
  
  
• Phoenix-based car wash owner and developer files for Chapter 11 bankruptcy
  A Phoenix, Arizona-based car wash owner and local developer has filed for protection under Chapter 11 bankruptcy law in an attempt to reorganize his assets.   Read More . . .
  
  
  
• California church calls off sale, looking for help in erasing $50 million in debt
  Crystal Cathedral, a church located in Garden Grove, California, is facing $50 million in debt and is in the process of a Chapter 11 bankruptcy, but is no longer seeking potential buyers.   Read More . . .
  
  
  
• Small Rhode Island town files for Chapter 9 municipal bankruptcy
  Central Falls, a small town in Rhode Island, has filed for protection under Chapter 9 bankruptcy law after weeks of teetering on the brink of financial collapse.   Read More . . .
  
  
  
• Hawaii sees significant drop in bankruptcy filings for July 2011 compared to July 2010
  Hawaii has joined a number of other states across the nation in experiencing a drop in bankruptcy filings for the first half of 2011.   Read More . . .
  
  
  
• Hooters Casino Hotel in Las Vegas filing for Chapter 11 bankruptcy
  Hooters Casino Hotel, a 696 room facility with dining and entertainment located one block from the Las Vegas Strip, recently announced it is seeking financial restructuring and will reorganize under Chapter 11 bankruptcy law.   Read More . . .
  
  
  
• Debt resolution company alerting nation on decrease in bankruptcy filings for first half of 2011
  ADMA Solutions, a debt resolution company that provides debt relief to U.S. consumers, is spreading the word concerning the decline in bankruptcy filings.   Read More . . .
  
  
  
• Chapter 11 Bankruptcy for Catholic Diocese of Wilmington closing in on completion
  The Catholic Diocese of Wilmington in Delaware filed for Chapter 11 Bankruptcy protection in 2009 and while the case is still in the process of being resolved, bankruptcy law has been put on the back burner in exchange for other legal entanglements.   Read More . . .
  
  
  
• Equifax report finds rise in consumer filed bankruptcies, slowed decline in business bankruptcies
  According to a recent survey by Equifax, bankruptcies filed by small businesses slowed their decline while consumer bankruptcies saw an incline.   Read More . . .
  
  
  
• General Motors bankruptcy bill lower than expected, says UCLA law professor
  The General Motors bankruptcy from 2009 finally reached completion earlier this year with the final tab hitting the $110 million mark.   Read More . . .
  
  
  
• Philadelphia Orchestra Association bankruptcy costing $2.9 million and counting
  As the Philadelphia Orchestra Association continues its trek through Chapter 11 Bankruptcy proceedings, the Philadelphia Inquirer reports the company has accumulated $750,000 in various expenses after submitting its latest bills to the bankruptcy court.   Read More . . .
  
  
  
• Hawaiian fish farm seeks investors or buyer in post-bankruptcy plans
  After filing bankruptcy last year, Grove Farm Fish & Poi, a fish farm in Oahu, Hawaii, is seeking investors or a buyer in its attempt to again become a profitable business.   Read More . . .
  
  
  
• Wisconsin bankruptcy filings fall 8.4 percent during first half of 2011
  Wisconsin, much like the rest of the nation, is seeing a decrease in bankruptcy filings compared to this time last year.   Read More . . .
  
  
  
• Minnesota charter school faces Chapter 11 Bankruptcy reorganization, ACLU lawsuit
  Tarek ibn Ziyad Academy, located in Inver Grove Heights, Minnesota, has filed for bankruptcy and is now asking the court to approve measures in continuing the school's academic program.   Read More . . .
  
  
  
• Central Falls, Rhode Island, one of several municipalities on the brink of bankruptcy
  Local governments that are in financial disarray rarely turn to bankruptcy, but recent economic troubles in Central Falls, Rhode Island, have pushed the community to the brink.   Read More . . .
  
  
  
• USA Springs awaiting bankruptcy court approval before completing Chapter 11 Bankruptcy
  After having originally filed for bankruptcy protection in June 2008, USA Springs is looking to fully rebound pending a loan approval from the bankruptcy court judge.   Read More . . .
  
  
  
• Film financier dealing with bankruptcy court, trustee
  David Bergstein, a film financier and entrepreneur in charge of five companies including ThinkFilm and Capitol, has been battling not only the bankruptcy court but now the trustee in charge of overseeing his companies.   Read More . . .
  
  
  
• New Jersey pension plan systems for police and fire not in danger of bankruptcy, officials say
  New Jersey's pension systems have been under duress for some time with bankruptcy being a very real option for some of them. But according to PolitiFact, the president of the Professional Firefighters Association of New Jersey is confident the police and fire pension systems are safe.   Read More . . .
  
  
  
• Nebraska Book Company granted loan approval in running operations during bankruptcy
  Nebraska Book Company, a Lincoln-based chain of college bookstores in the throes of bankruptcy, has won approval from U.S. Bankruptcy Judge Peter Walsh to borrow $200 million to continue operations, according to Bloomberg Businessweek.   Read More . . .
  
  
  
• Nebraska's rate of decrease in bankruptcy filings higher than national average
  Bankruptcy lawyers across the country have felt the drop in bankruptcy filings this year as states are rolling out numbers indicating a nationwide trend of fewer cases.   Read More . . .
  
  
  
• Conference to showcase credit and debtor education courses
  Bankruptcy attorneys making the trip to the 18th Annual Northeast Bankruptcy Conference will have the opportunity to attend pre-filing credit counseling and pre-discharge debtor education courses that will be presented by InCharge Debt Solutions.   Read More . . .
  
  
  
• Jefferson County in Alabama considering filing bankruptcy to overcome debts
  Jefferson County, Alabama, is in dire financial straits and is considering bankruptcy. But before the city takes any drastic measures, civic leaders will meet with bankruptcy lawyers at the county courthouse to discuss the municipality's financial options.   Read More . . .
  
  
  
• Hedge fund executive denies insider trading in wake of Washington Mutual bankruptcy
  The fallout of Washington Mutual's bankruptcy now has the executives of two hedge funds staving off accusations they used information gained during the court case to trade in Washington Mutual securities, according to the Associated Press.   Read More . . .
  
  
  
• Attorneys still bickering over fees in wake of Texas Rangers bankruptcy case
  Bankruptcy attorneys are still hammering out the details in the wake of the Texas Rangers bankruptcy that was completed last year when baseball legend Nolan Ryan purchased the team for $608 million in bankruptcy court.   Read More . . .
  
  
  
• Opposition to dumping pension plans the latest in Harry & David's bankruptcy
  Harry & David Holdings, a Medford, Oregon-based, gift and gourmet food company in the midst of bankruptcy, is facing opposition to its proposed plan to dump its pension plan.   Read More . . .
  
  
  
• California mobile home park battling residents as it goes through the bankruptcy process
  An ongoing battle between the landlord of a California mobile home park and its residents includes a bankruptcy filing, and now a stalled multi-million dollar failure-to-maintain lawsuit, according to the Orange County Register.   Read More . . .
  
  
  
• Trustee suggests rejecting loan in Los Angeles Dodgers bankruptcy case
  The latest advancement in the Los Angeles Dodgers bankruptcy saga has the court appointed trustee arguing for the rejection of a requested loan totaling as much as $150 million.   Read More . . .
  
  
  
• Borders seeks liquidation sale through bankruptcy court
  Borders Group has decided to forego its planned auction and has requested a full liquidation sale to sell off all its remaining Borders and Waldenbooks real estate in the United States.   Read More . . .
  
  
  
• Philadelphia Orchestra in the midst of bankruptcy
  The Philadelphia Orchestra continues to negotiate with its musicians and now its landlord, with the help of bankruptcy lawyers, in an attempt to complete its bankruptcy by the end of this year, according to the Philadelphia Inquirer.   Read More . . .
  
  
  
• Eva Longoria's nightclub closes in midst of Chapter 11 Bankruptcy
  Eva Longoria's foray into the night life industry has ended with bankruptcy and now the closing of her Las Vegas nightclub.   Read More . . .
  
  
  
• Perkins & Marie Callender's in the process of filing Chapter 11 Bankruptcy
  A well-known name in family dining and casual dining restaurants is seeking a plan of reorganization after falling into significant debt.   Read More . . .
  
  
  
• Borders continuing to seek out last-minute buyers in wake of bankruptcy
  Borders Group Inc continues to sort out its remaining locations in the aftermath of its bankruptcy filing, and is now in negotiations with another retailer.   Read More . . .
  
  
  
• Wireless technology company cannot renegotiate debt, closing in on bankruptcy
  A leading wireless technology company that maintains and manages wireless spectrum licenses on a global scale is on the brink of a bankruptcy file.   Read More . . .
  
  
  
• Fewer bankruptcy filings taking its toll on bankruptcy lawyer practices
  Reports indicating a drop in bankruptcies filed by consumers and businesses are positive for the economy but are beginning to negatively affect bankruptcy lawyers.   Read More . . .
  
  
  
• Las Vegas celebrity chef files bankruptcy for management company, two restaurants
  Bankruptcy is not only affecting the average American consumer, but owners of some the most prestigious restaurants as well.   Read More . . .
  
  
  
• GSC Group forges with Black Diamond Capital Management in Chapter 11 deal
  Bankruptcy law can be beneficial to consumers and businesses that know how to use it to their advantage, as Black Diamond Capital Management can now attest.   Read More . . .
  
  
  
• Bankruptcy court overpowered by Supreme Court in Anna Nicole Smith case
  The Anna Nicole Smith saga continues to live on after her death, as bankruptcy law is now taking center stage in her estate's claims to her late husband's fortune.   Read More . . .
  
  
  
• New York racking up significant drops in bankruptcy filings this year
  New York is proving to be a glowing example of economic recovery as it continues to set the trend of dropping bankruptcy rates.   Read More . . .
  
  
  
• Bankruptcy filings up from last month, down from this time last year
  Bankruptcy lawyers are seeing fewer cases brought to them in June compared to the same month last year, as data from the National Bankruptcy Research Center finds that fewer people are filing bankruptcy.   Read More . . .
  
  
  
• Hollywood actress facing bankruptcy sells iconic Marilyn Monroe dress
  Actress Debbie Reynolds is in the midst of a Chapter 11 bankruptcy but has several assets at her disposal that could assist her through the proceedings.   Read More . . .
  
  
  
• Arizona sees a decline in bankruptcy filings for first half of 2011
  One of the states that have been hit the hardest by the floundering housing market and high bankruptcy rates is seeing a marked improvement, according to recent data.   Read More . . .
  
  
  
• Arizona hotel files for Chapter 11
  A hotel in Tucson, Arizona, recently filed for bankruptcy protection in order to prevent it from being auctioned off through foreclosure.   Read More . . .
  
  
  
• Bank attempts to overturn reorganization rejection
  Colonial BancGroup is working with a judge to change a rejection of its bankruptcy plan, after altering it to better suit creditors.   Read More . . .
  
  
  
• Florida furniture store enters bankruptcy
  A furniture outlet chain based in Coconut Creek, Florida, plans to close stores in Boca Raton and Kendall after filing for Chapter 11.   Read More . . .
  
  
  
• Owner of famous New Orleans bar files for bankruptcy
  A company that owns multiple facilities in the French Quarter of New Orleans, Louisiana, recently filed for Chapter 11 protection.   Read More . . .
  
  
  
• Race track to exit bankruptcy
  New Jersey Motorsports Park recently announced plans to exit Chapter 11 proceedings earlier than originally thought.   Read More . . .
  
  
  
• Tax preparing company agrees to restructuring
  Jackson Hewitt Tax Services recently filed a Chapter 11 plan after agreeing with creditors on how to go about fixing its debt issues.   Read More . . .
  
  
  
• California plant seller files for bankruptcy
  A wholesale potted plant company in San Mateo County, California, recently filed for Chapter 11 protection.   Read More . . .
  
  
  
• Illinois company files for Chapter 11 bankruptcy
  A company based in Urbana, Illinois, recently filed for Chapter 11 reorganization.   Read More . . .
  
  
  
• New Hampshire soap importer files for bankruptcy
  A European soap importer based in Swanzey, New Hampshire, recently filed for Chapter 11 bankruptcy.   Read More . . .
  
  
  
• Tennessee company files for bankruptcy
  A window treatment manufacturer based in Memphis, Tennessee, recently filed for Chapter 11 reorganization in a U.S. bankruptcy court.   Read More . . .
  
  
  
• Telemarketing company owners file for bankruptcy
  A couple from Erie, Pennsylvania, recently filed for bankruptcy, less than three years after their telemarketing company, Telatron Marketing Group Inc. entered Chapter 11.   Read More . . .
  
  
  
• Mississippi country club files for Chapter 11
  The Columbus Country Club, based in Columbus, Mississippi, recently filed for bankruptcy after a series of budget cuts did not allow it to avoid reorganization.   Read More . . .
  
  
  
• Kansas company files for bankruptcy protection
  A company owning multiple properties recently filed for Chapter 11 due to a high turnover of tenants.   Read More . . .
  
  
  
• Sbarro negotiating buyout
  Italian restaurant fast-food chain Sbarro Inc., recently announced it is in negotiations to be purchased for an offer larger than originally listed in the bankruptcy filing.   Read More . . .
  
  
  
• West Virginia glass company files for bankruptcy
  A famous glass-blowing company recently filed for bankruptcy protection, but plans to remain open and not eliminate any jobs.   Read More . . .
  
  
  
• Coffee company exits bankruptcy
  A coffee company recently exited Chapter 11, only a few months after its January filing.   Read More . . .
  
  
  
• Craftsmaker files for bankruptcy protection
  A Van Nuys, California, crafts manufacturer that made products for Jo-Ann Fabric and Wal-mart, recently filed for Chapter 11.   Read More . . .
  
  
  
• Hearing aid retailer prefers bankruptcy sale
  HearUSA, a hearing aid vendor based in West Palm Beach, Florida, recently announced it preferred to be sold to a European company.   Read More . . .
  
  
  
• California furniture store files for Chapter 11
  A furniture store in Santa Rosa, California, recently filed for bankruptcy protection, after accruing approximately $2 million in debt.   Read More . . .
  
  
  
• Solar company weighs bankruptcy
  Evergreen Solar, a company based in Marlboro, Massachusetts, is considering filing for bankruptcy protection after recently enduring heavy losses.   Read More . . .
  
  
  
• Nevada casino takeover contested
  A casino located in a suburban area of Las Vegas, Nevada, recently had its proposed bankruptcy sale fought by creditors.   Read More . . .
  
  
  
• Mattress franchise files for bankruptcy
  A franchise of a mattress store chain in Milwaukee, Wisconsin, recently filed for bankruptcy.   Read More . . .
  
  
  
• Oregon business exits Chapter 11
  A real estate developer from Eugene, Oregon, recently exited bankruptcy protection.   Read More . . .
  
  
  
• Florida resort to be sold in bankruptcy auction
  A popular golfing resort in Miami, Florida, may be close to a sale in a bankruptcy auction, after filing for reorganization in January.   Read More . . .
  
  
  
• New York business files for bankruptcy
  A business based in Washington County, New York, recently filed for Chapter 11 bankruptcy protection and plans to be bought out.   Read More . . .
  
  
  
• Chicago hotel files for Chapter 11
  A hotel based in Chicago, Illinois, recently filed for bankruptcy protection, but owners of the property plan business to remain normal during the process.   Read More . . .
  
  
  
• Fashion store chain files for bankruptcy
  A fashion company based in Los Angeles, California, recently filed for Chapter 11 in U.S. bankruptcy court in White Plains, New York.   Read More . . .
  
  
  
• Shoe store owner's filing prevents auction
  The auction for Saratoga Shoe Depot Inc. was recently postponed because of a bankruptcy protection filing by the company's owner.   Read More . . .
  
  
  
• Minnesota businessman files for Chapter 11
  A businessman from Minnetonka, Minnesota, recently filed for Chapter 11 reorganization.   Read More . . .
  
  
  
• Infamous KFC location files for Chapter 11
  A California KFC that had two of its former employees take a bath in a sink and post it on the Internet, recently filed for bankruptcy.   Read More . . .
  
  
  
• California market files for Chapter 11
  The Market at Pavilions, a food store based in Sacramento, California, recently filed for bankruptcy protection.   Read More . . .
  
  
  
• Arizona real estate brokerage files for Chapter 11
  A Phoenix, Arizona, real estate company recently filed for bankruptcy protection in order to change its spending and pricing plans.   Read More . . .
  
  
  
• Iona College operators file for bankruptcy
  The Christian Brothers, the organization that runs Iona College and multiple high schools, recently filed for Chapter 11 bankruptcy because of multiple lawsuits regarding sexual assault.   Read More . . .
  
  
  
• Utah geothermal company files for Chapter 11
  A geothermal energy developer recently filed for bankruptcy protection in order to continue operations.   Read More . . .
  
  
  
• Ohio developer files for bankruptcy
  The developer of the Ibiza condominium project in Columbus, Ohio, recently filed for Chapter 11 bankruptcy protection.   Read More . . .
  
  
  
• Virginia family businesses file for Chapter 11
  Two Virginia businesses tied to a bankrupt financial donor recently filed for Chapter 11 themselves.   Read More . . .
  
  
  
• Florida appliance company files for bankruptcy protection
  An appliance retailer based in Melbourne, Florida, recently filed for Chapter 11, blaming the economy and a failed attempt at expansion.   Read More . . .
  
  
  
• Airplane parts manufacturer files for bankruptcy
  An aviation parts company recently filed for Chapter 11 in hopes of reorganizing its finances to pay a tax bill.   Read More . . .
  
  
  
• North Carolina philanthropist exits bankruptcy
  A man from Asheville, North Carolina, recently exited bankruptcy, along with the firm he owns.   Read More . . .
  
  
  
• Colorado golf community files for bankruptcy
  A gated golf community recently filed for reorganization in the U.S. bankruptcy court in Denver, Colorado.   Read More . . .
  
  
  
• Button company files for Chapter 11
  A snap-closure button company for military and consumer clothes recently filed for Chapter 11 bankruptcy protection, and it is planned to sell off all assets.   Read More . . .
  
  
  
• Washington real estate agent may settle bankruptcy filing
  Lawyers for a famous Washington real estate tycoon's recently accepted an offer to settle a bankruptcy filing, and he will pay more than $7 million to creditors.   Read More . . .
  
  
  
• Mail-sorting manufacturer sold to pay debt
  A company that develops software and mail-sorting machinery recently sold itself to a creditor after filing for bankruptcy.   Read More . . .
  
  
  
• Utah bank attempts to exit bankruptcy
  A bank based in Midvale, Utah, is trying to exit bankruptcy after devising a plan to downsize after reorganization.   Read More . . .
  
  
  
• Former star athlete charged with bankruptcy fraud
  A former baseball player has been formally charged with bankruptcy fraud after it was discovered approximately $400,000 in items from his estate were sold or destroyed.   Read More . . .
  
  
  
• Pennsylvania developer files for bankruptcy
  A residential developer recently filed for Chapter 11 after reporting it owed approximately $100 million to various creditors.   Read More . . .
  
  
  
• Power company attempting to avoid bankruptcy filing
  Dynegy Inc., a power producer which sells electricity to various grids across the country, recently sought help from financial and legal advisers to try to skirt filing for bankruptcy.   Read More . . .
  
  
  
• Airplane assembly company sold in bankruptcy auction
  A Berkeley County, West Virginia, airplane assembly plant was recently sold in U.S. bankruptcy court.   Read More . . .
  
  
  
• Virginia country club has bankruptcy filing issues
  A Wyndham, Virginia, country club, which filed for Chapter 11 bankruptcy protection in January, has come across issues regarding reorganization with club members.   Read More . . .
  
  
  
• North Carolina property company files for Chapter 11
  A company based in Wilmington, North Carolina, recently filed for Chapter 11 bankruptcy, after attempts from creditors to foreclose on it.   Read More . . .
  
  
  
• Nevada casino owner files for Chapter 11
  The owners of multiple Nevada casinos recently had its affiliates file for Chapter 11 bankruptcy protection, in hopes of reorganizing debts and setting up an asset sale.   Read More . . .
  
  
  
• Virginia couple files for Chapter 11
  A Richmond, Virginia, couple has filed for bankruptcy protection and have blamed their money trouble on the economy.   Read More . . .
  
  
  
• Indiana racetrack and casino file for bankruptcy
  The owner of an Indiana casino, as well as a local racetrack, has filed for Chapter 11 bankruptcy.   Read More . . .
  
  
  
• Texas aviation company files for Chapter 11
  An aviation company from Texas, run by a local millionaire, has filed for Chapter 11 bankruptcy protection.   Read More . . .
  
  
  
• New Jersey waste management company files for Chapter 11
  A subsidiary of a New Jersey demolition company has filed for bankruptcy protection.   Read More . . .
  
  
  
• Kid's card game marketer files for bankruptcy protection
  The marketer for Yu-Gi-Oh! trading cards has filed for Chapter 11 and is actively considering a buyout or reorganization.   Read More . . .
  
  
  
• NFL star to sell championship rings for bankruptcy
  A NCAA national champion and Super Bowl winner has included selling multiple memorabilia items he received during his career.   Read More . . .
  
  
  
• Waterscape Resort files for bankruptcy
  Waterscape Resort LLC, has filed for Chapter 11 after the company defaulted on loan payments.   Read More . . .
  
  
  
• Sbarro files for Chapter 11
  Sbarro Inc., a fast food chain, has filed for Chapter 11 bankruptcy.   Read More . . .
  
  
  
• Bankruptcies fall in first quarter of 2011
  American bankruptcy filings fell 6 percent in the first quarter of 2011 compared to the same time period last year.   Read More . . .
  
  
  
• California market chain files for bankruptcy
  An Italian market chain based in San Leandro, California, has filed for bankruptcy.   Read More . . .
  
  
  
• California clothing retailer files for bankruptcy
  A clothing store chain based in Ontario, California, has filed for bankruptcy and closed one of its stores.   Read More . . .
  
  
  
• Ohio apartment complex files for Chapter 11
  A Cincinnati, Ohio, apartment community has filed for bankruptcy, which cancels a court-ordered management change   Read More . . .
  
  
  
• Arizona golf resort files for Chapter 11
  The Crowne Plaza San Marcos Golf Resort has recently filed for bankruptcy on behalf of its owners, San Marcos Capital Partners LP.   Read More . . .
  
  
  
• Celebrity's restaurant working through bankruptcy
  Beso Restaurant, along with Eve Nightclub, are financially sustainable as their bankruptcy continues, and the parent company of the businesses is paying off its creditors.   Read More . . .
  
  
  
• California city facing bankruptcy
  The city of Alameda, California, is nearing bankruptcy because of the costs of employee benefits and the recent economic situation.   Read More . . .
  
  
  
• Innkeepers gets bankruptcy extension
  Innkeepers USA Trust has been given an extension on Chapter 11 proceedings by the U.S. bankruptcy court, after all but seven of the company's hotels were included in a stalking horse offer by its parent holders.   Read More . . .
  
  
  
• Bankruptcies in San Diego hit record highs
  San Diego, California-area bankruptcies have hit the highest marks ever, with personal and business filings reaching 23,509 in 2010.   Read More . . .
  
  
  
• Nevada development owners file for Chapter 11
  Three Los Amigos LLC, which owns a Las Vegas shopping center, as well as Park Central Plaza 32 LLC, owners of a development in North Las Vegas, both recently filed for Chapter 11 bankruptcy.   Read More . . .
  
  
  
• Harry and David files for Chapter 11
  National gift basket retailer, Harry and David Holdings Inc., has filed for Chapter 11 bankruptcy.   Read More . . .
  
  
  
• GeoPharma filed for bankruptcy protection
  GeoPharma Inc., which operates under the business name of Innovative Health Products, recently filed for Chapter 11 bankruptcy.   Read More . . .
  
  
  
• NFL star may lose Super Bowl rings because of bankruptcy
  A member of the Pittsburgh Steelers could lose his two Super Bowl rings as collateral in a bankruptcy decision by the federal government.   Read More . . .
  
  
  
• Kelley Transit files for Chapter 11
  Kelley Transit LLC, a commuter bus company based out of Torrington, Connecticut, has filed for Chapter 11 protection   Read More . . .
  
  
  
• Remington's Hunt Club owners file for bankruptcy protection
  The owners of a Hattiesburg, Mississippi, night club have filed for Chapter 11 bankruptcy.   Read More . . .
  
  
  
• Peptimmune files for bankruptcy protection
  Peptimmune Inc., a biotechnology company based in Cambridge, Massachusetts, has filed for Chapter 7 bankruptcy, after failing to secure a large amount of funding.   Read More . . .
  
  
  
• Oregon pipe company files for Chapter 11
  Ridgeline Pipe Manufacturing filed for bankruptcy protection, and blamed the economy for its financial troubles.   Read More . . .
  
  
  
• Foreclosure.com's parent company exiting bankruptcy protection
  FFS Data, the parent company of Foreclosure.com, as well as other foreclosure-related websites, plans to exit bankruptcy after settling a series of claims.   Read More . . .
  
  
  
• Majestic Capital on the verge of bankruptcy
  Majestic Capital Ltd., is on the edge of bankruptcy, and will likely have to file soon as a planned merger with Bayside Capital Partners LLC, collapsed.   Read More . . .
  
  
  
• New Life Enterprises files for Chapter 11
  New Life Enterprises of N.W. Ohio, Inc., has filed for Chapter 11 bankruptcy protection.   Read More . . .
  
  
  
• Washington Mutual attempting to exit bankruptcy
  Washington Mutual Inc., plans to hold a vote to gain support for a new plan that will help the bank exit Chapter 11 bankruptcy.   Read More . . .
  
  
  
• Creditron given new reorganization deadline
  Creditron, a telemarketing company from Erie, Pennsylvania, has been given a deadline to present a restructuring plan for its Chapter 11 bankruptcy filing.   Read More . . .
  
  
  
• Book store chain looking to exit bankruptcy
  Joseph-Beth Booksellers is hopeful of exiting bankruptcy by the end of next month.   Read More . . .
  
  
  
• Ohio bank battling bankruptcy
  An Ohio-based bank is trying to fight a bankruptcy claim that would make it pay a large penalty, due to an accusation it ignored a technology company's fraudulent practices.   Read More . . .
  
  
  
• Jefferson County may file for bankruptcy
  The largest county in the state of Alabama may be forced to file for bankruptcy.   Read More . . .
  
  
  
• Small business bankruptcies fall
  The amount of small business bankruptcies has dropped in the past year, which is a good sign that the economy is rebounding.   Read More . . .
  
  
  
• New Stream Capital happy with hearing outcome
  New Stream Capital, LLC released a statement showing it is content with the beginning of their Chapter 11 court proceedings.   Read More . . .
  
  
  
• Colorado town fire chairman and wife file for Chapter 13 protection
  Herbert Burton, Sr., the fire chairman for the Hartsel Fire Protection District in Colorado, and his wife Carol, have filed for bankruptcy protection for the second time in six years.   Read More . . .
  
  
  
• GLC bankruptcy claims receives deadline
  All creditors that have claims against GLC Limited have until the end of May to file with the U.S. bankruptcy court.   Read More . . .
  
  
  
• New York steakhouse files for bankruptcy protection
  Angelo & Maxie's, a New York City steakhouse, has filed for Chapter 11 bankruptcy, citing the winter weather for its financial issues.   Read More . . .
  
  
  
• Trucking company in danger of filing for bankruptcy
  YRC Worldwide Inc. is in danger of being forced into bankruptcy, after the company was revealed to have missed a restructuring deadline and stock prices crashed.   Read More . . .
  
  
  
• Jackson Hewitt considering bankruptcy
  Jackson Hewitt Tax Service Inc., the second-largest tax preparer in the U.S., is considering filing for bankruptcy.   Read More . . .
  
  
  
• New Stream Capital Files for Chapter 11
  New Stream Capital LLC, a hedge-fund management firm based out of Ridgefield, Connecticut, has filed for Chapter 11 bankruptcy protection, in an effort to restructure a large amount of debt.   Read More . . .
  
  
  
• California city councilman files for Chapter 7 protection
  A Corona, California, city councilman has filed for bankruptcy after reporting debts near $2 million.   Read More . . .
  
  
  
• Bankruptcy will close Georgia senior home
  Willows Assisted Living Center, a senior home in Cuthbert, Georgia, will close its doors because its owner, the Southwest Georgia Housing Development, has filed for Chapter 7 bankruptcy.   Read More . . .
  
  
  
• Former Indiana priest files for bankruptcy
  A former priest that is battling a molestation charge, has filed for bankruptcy.   Read More . . .
  
  
  
• Kravet Inc. buys competitor in bankruptcy auction
  Kravet Inc., a home decor company that is based in Long Island, New York, has purchased former competitor Brunschwig & Fils for $9.665 million.   Read More . . .
  
  
  
• Sabre Defence Industries bought by Manroy
  Sabre Defence Industries, a firearms manufacturer from Nashville, Tennessee, was sold for $4.95 million at a bankruptcy auction.   Read More . . .
  
  
  
• Bankruptcy victims can be denied for jobs
  A recent ruling in the U.S. Third Circuit Court of Appeals may greatly reduce the chances of those who have filed for bankruptcy of obtaining a job.   Read More . . .
  
  
  
• Massachusetts healthcare reform hasn't lowered bankruptcies
  The Massachusetts healthcare insurance reform law has not decreased the amount of medical bankruptcies, but the state rate is lower than the national average.   Read More . . .
  
  
  
• Washington gym owner files for Chapter 11
  Club Ventures Investments LLC, filed for Chapter 11 bankruptcy protection, after reporting heavy losses, likely from expanding too rapidly.   Read More . . .
  
  
  
• New York development files for Chapter 11
  The Waterfront Commons development has filed for Chapter 11 bankruptcy after defaulting on a large loan.   Read More . . .
  
  
  
• Filing for bankruptcy could prevent home foreclosure
  If someone is in a bad financial situation, the best idea if they receive a home foreclosure notice could be to declare bankruptcy.   Read More . . .
  
  
  
• Better Existence With HIV files for Chaper 7 Protection
  Better Existence With HIV, a Chicago, Illinois-area organization that helps those with HIV and the AIDS virus, has filed for Chapter 7 bankruptcy, citing a lack of funding.   Read More . . .
  
  
  
• Chapter 11 protection filed by JB's Restaurants
  JB's Family Restaurants has filed for Chapter 11 bankruptcy protection, citing a large amount of debt.   Read More . . .
  
  
  
• Urban Flats LLC files for bankruptcy
  Urban Flats LLC, an Orlando, Florida-based chain restaurant, has filed for Chapter 7 bankruptcy.   Read More . . .
  
  
  
• Orange County bankruptcies rise 18 percent
  Bankruptcies in Orange County, California, increased 18 percent in from January 2010 to January 2011.   Read More . . .
  
  
  
• Pinnacle Homes files for Chapter 11 protection
  Pinnacle Homes, a Santa Rosa, California, construction company, filed for Chapter 11 bankruptcy protection after being unable to pay multiple bank loan bills.   Read More . . .
  
  
  
• Quality Market files for Chapter 11 protection
  Quality Market, a store in Medford, Oregon, has had its owners file for bankruptcy, after being delinquent on multiple payments.   Read More . . .
  
  
  
• New Jersey Motorsports Park files for Chapter 11
  The New Jersey Motorsports Park has filed for Chapter 11, after only being open for three years.   Read More . . .
  
  
  
• PJ Finance Company files for bankruptcy
  PJ Finance Company, the owner of 32 apartment complexes in Texas, Florida, Tennessee, Arizona and Florida, has filed for Chapter 11 protection, after it came to light that the company owes more than $475 million to creditors.   Read More . . .
  
  
  
• MyddeltonParker Builders LLC files for Chapter 7
  A Florida-area construction company, MyddeltonParker Builders LLC, has filed for Chapter 7 bankruptcy after the company has failed to pay its debt. The company is renowned for appearing on the television show, "Extreme Makeover: Home Edition."   Read More . . .
  
  
  
• SW Ownership LLC files for bankruptcy
  SW Ownership LLC, the developer of Skywater Over Horseshoe Bay, a development in the Austin, Texas-area, has filed for Chapter 11 bankruptcy. The financial move comes after the developer was unable to secure a loan from IBC Bank.   Read More . . .
  
  
  
• Mesa Air exits bankruptcy
  Mesa Air Group, a regional airline, recently left bankruptcy protection after 13 months. The company, which plans to remain private, said it reduced its debt by reorganizing its operations and becoming leaner.   Read More . . .
  
  
  
• Tribune Company bankruptcy court proceedings begin
  The Tribune Company will begin its court battle over a bankruptcy plan that would send $1.57 billion in losses to JPMorgan Chase & Company.   Read More . . .
  
  
  
• Avery Ranch Golf Club files for bankruptcy
  Avery Ranch Golf Club has filed for bankruptcy to avoid foreclosure. The golf course's owner, Robert Wunsch, is currently in financial trouble and has put multiple holdings into bankruptcy.   Read More . . .
  
  
  
• Brooklyn Cafe operators file for bankruptcy
  Ataka Taka Taka, Inc., which operates Park Slope Eatery, a Brooklyn, New York, cafe, has filed for Chapter 11 bankruptcy.   Read More . . .
  
  
  
• Motors Liquidation Company approved for Chapter 11 bankruptcy
  The Motors Liquidation Company, a former section of General Motors that has decided to liquidate, was given Chapter 11 approval by the U.S. Bankruptcy Court in New York.   Read More . . .
  
  
  
• Boise County files for bankruptcy
  Boise County, Idaho, has filed for bankruptcy after failing to pay a developer for a local drug treatment facility that was planned to be constructed in the area.   Read More . . .
  
  
  
• Legal iGaming files for bankruptcy
  Legal iGaming, a Las Vegas company that owns patents for slot machines, filed for bankruptcy in the U.S. bankruptcy court in Nevada, after reporting a large amount of losses.   Read More . . .
  
  
  
• No Fear files for Chapter 11 bankruptcy
  No Fear Retail Stores Inc., a clothing chain store, has filed for Chapter 11 bankruptcy in the U.S. Bankruptcy Court.   Read More . . .
  
  
  
• Nomads travel club files for Chapter 7
  Nomads travel club, the oldest travel club in Michigan, has been liquidated after filing for Chapter 7 bankruptcy.   Read More . . .
  
  
  
• Indiana bankruptcy filings decline
  Indiana experienced its first decline in bankruptcy filings in four years, possibly showing that consumers are rebounding from the recession and are getting better at managing their finances.   Read More . . .
  
  
  
• Windowizards owner files Chapter 7
  A Pennsylvania-based window-cleaning company's owner has filed for bankruptcy in Florida.   Read More . . .
  
  
  
• January bankruptcy filings decline
  After experiencing high levels of bankruptcy across the nation in 2010, the number of overall filings declined in January.   Read More . . .
  
  
  
• Workflow One moves closer to Chapter 11 bankruptcy exit
  This week, a U.S. bankruptcy court in Norfolk, Virginia, approved a reorganization plan by Workflow One, and as a result, the company could emerge from court protection in the coming days.   Read More . . .
  
  
  
• Florida real estate brokerage files for bankruptcy
  Stirling Sotheby's International Realty, which employs more than 100 real estate agents in the Orlando, Florida, area, filed for bankruptcy on Thursday.   Read More . . .
  
  
  
• Lehr Construction announces a Chapter 11 filing
  This week, Lehr Construction Corp., a New York-based interior construction company filed for Chapter 11 bankruptcy, becoming the second area service provider to do so in the last week.   Read More . . .
  
  
  
• West Virginia news provider files for bankruptcy
  This week, Wayne County Publications, which owns and operates the Wayne County News, a West Virginia media provider, filed for Chapter 11 bankruptcy.   Read More . . .
  
  
  
• Gen Art to emerge from bankruptcy
  Gen Art, a New York-based talent agency known for placing clients in roles in the fashion, film and music industries, announced it will emerge from bankruptcy this week.   Read More . . .
  
  
  
• Popular New York restaurant files for bankruptcy
  Morningside Heights Restaurant Corp., the parent company for Terrace in the Sky, a 36-year-old restaurant located on New York City's 199th Street, filed for Chapter 11 bankruptcy this week.   Read More . . .
  
  
  
• Former Chicago Bear had filed for bankruptcy
  Dave Duerson, a former NFL safety for the Chicago Bears who committed suicide earlier this month, filed for personal bankruptcy last September.   Read More . . .
  
  
  
• Former Bachelor files for bankruptcy
  Aaron Buerge, a banker and restaurant owner best known for his role as "The Bachelor" in season two of the long-running reality series, filed for personal bankruptcy this week.   Read More . . .
  
  
  
• New York construction firm files for protection
  Swartwout Construction, a Schuylerville, New York-based construction company filed for Chapter 11 bankruptcy protection in a courtroom this week.   Read More . . .
  
  
  
• Giordano's pizza chain files for bankruptcy
  The Chicago, Illinois-based pizza chain Giordano's announced it filed for Chapter 11 bankruptcy this week.   Read More . . .
  
  
  
• Owner of H and H Bagels files for bankruptcy
  Garden Operation Realty, the company that owns New York's famous H and H Bagels, announced it filed for Chapter 11 bankruptcy protection this week.   Read More . . .
  
  
  
• Sabre Defense Industries files for Chapter 11 bankruptcy
  This week, Nashville, Tennessee-based U.S. military supplier and gun manufacturer Sabre Defense Industries filed for bankruptcy protection.   Read More . . .
  
  
  
• Historic Roundhouse restaurant files for bankruptcy
  After failing to meet months of bill obligations, the Aurora, Illinois-based America's Historic Roundhouse restaurant and brewpub announced it filed for Chapter 11 bankruptcy this week.   Read More . . .
  
  
  
• Bankruptcy could severely impact credit
  While bankruptcy offers many benefits, including the ability to escape escalating debt and harassing phone calls from creditors, many consumers don't take the time to think about what this decision means to their credit.   Read More . . .
  
  
  
• Growth of consumer bankruptcy filings slows in 2010
  The number of consumers filing for bankruptcy in federal courts grew by 8 percent in 2010, as more than 1.5 million consumers sought protection from creditors.   Read More . . .
  
  
  
• Borders announces long-awaited bankruptcy filing
  Over the past few weeks, a number of reports have indicated that major national bookseller Borders Group would soon file for bankruptcy.   Read More . . .
  
  
  
• Virginia concrete systems company files for bankruptcy
  Xteriors, a Hanover County, Virginia-based manufacturer of engineered concrete systems, such as retaining walls, curbs and decorative slabs, filed for Chapter 11 bankruptcy this week.   Read More . . .
  
  
  
• Oriental Trading announces bankruptcy exit
  Due in part to recent increases in revenue, party supplies retailer Oriental Trading Co. announced it has emerged from Chapter 11 bankruptcy protection this week.   Read More . . .
  
  
  
• Arizona bankruptcy picture improves
  Like many Western states, Arizona has been struggling with a high number of bankruptcy filings in recent months.   Read More . . .
  
  
  
• Offshore drilling company Seahawk files for bankruptcy
  Seahawk Drilling Inc., which owns the second largest drilling fleet in the Gulf of Mexico, announced it will file for Chapter 11 bankruptcy protection this week.   Read More . . .
  
  
  
• Emmy winning kids show files for Chapter 11
  Word World LLC, the company behind the three-time Emmy award-winning PBS show of the same name, announced this week that is filing for Chapter 11 reorganization.   Read More . . .
  
  
  
• Advanced Disinfection files for Chapter 7 liquidation
  On February 7, Advanced Disinfection Technologies filed for Chapter 7 bankruptcy in a U.S. bankruptcy court.   Read More . . .
  
  
  
• Oil refining company to exit bankruptcy
  W.R. Grace and Company, which has been in bankruptcy for almost a decade, announced this week that it will exit protection after receiving an influx of new capital.   Read More . . .
  
  
  
• Owner of six South Carolina KFC franchises to enter bankruptcy
  STL Management, the owner and operator of six KFC restaurants in the Charleston, South Carolina, region filed for bankruptcy this week.   Read More . . .
  
  
  
• Round Table Pizza to enter bankruptcy reorganization
  The Concord, California-based restaurant chain Round Table Pizza announced this week it is entering into Chapter 11 bankruptcy protection to reorganize its finances.   Read More . . .
  
  
  
• Bankruptcy judge approves Deel sale
  Deel LLC, the bankrupt Texas-based restaurant company that owns Fuddruckers and Magic Brands, had its bankruptcy sale formally approved this week.   Read More . . .
  
  
  
• Washington Mutual files new bankruptcy plan
  Washington Mutual, the lending giant that has been under bankruptcy protection since 2008, filed a new reorganization plan in a Delaware courtroom this week.   Read More . . .
  
  
  
• Big Hollywood bank-roller's businesses forced into bankruptcy
  This week, a federal judge in Los Angeles, California, motioned to move three film companies run by Hollywood mogul David Bergstein into bankruptcy without a trial.   Read More . . .
  
  
  
• Florida bridge may soon declare bankruptcy
  The Garcon Point Bridge, which was opened in 1999 and crosses Florida's East Bay, could soon enter into bankruptcy protection.   Read More . . .
  
  
  
• Texas mall developer files for bankruptcy protection
  A Colleyville, Texas, shopping center developer filed for Chapter 11 bankruptcy this week after losing control of millions of dollars worth of property.   Read More . . .
  
  
  
• High profile Michigan chef files for bankruptcy
  Michigan-based restaurateur and chef Matt Prentice filed for Chapter 7 bankruptcy this week in a U.S. bankruptcy court in Detroit.   Read More . . .
  
  
  
• Texas Congressman on financial panel files for bankruptcy
  Ruben Hinojosa, a Democratic State Senator from Texas, filed for personal bankruptcy last December after losing a multi-million dollar loan arbitration.   Read More . . .
  
  
  
• Allcare Dental may soon file for bankruptcy
  Allcare Dental, a defunct chain with branches in 13 states, is preparing to file for bankruptcy after it was recently forced to shut down due to fiscal problems.   Read More . . .
  
  
  
• Former Apprentice winner's company files for bankruptcy
  Synergy Brands Inc., a Delaware based company affiliated with a former reality TV star, filed for Chapter 7 bankruptcy in Central Islip, New York, this week.   Read More . . .
  
  
  
• Hawaii resort to file for bankruptcy
  The Grand Wailea Resort Hotel and Spa filed for Chapter 11 bankruptcy in a courtroom this week, along with four other luxury resorts in the area.   Read More . . .
  
  
  
• Global General files for bankruptcy in the U.S.
  Global General and Reinsurance Company, a London, England-based policy writer, filed for Chapter 15 protection in a U.S. bankruptcy court in New York.   Read More . . .
  
  
  
• CNL Hotels' affiliates file for bankruptcy protection
  This week, more than 20 affiliate operations owned by CNL Hotels and Resorts Inc. filed for bankruptcy protection.   Read More . . .
  
  
  
• ICOP receives judge approval in ongoing bankruptcy case
  U.S. bankruptcy judge Robert Berger announced his approval of a plan by ICOP Digital Inc. that would allow the company to liquidate its remaining assets.   Read More . . .
  
  
  
• Illinois YMCA seeks Chapter 11 bankruptcy filing, cites insurance costs
  The McHenry County, Illinois, YMCA announced it filed for Chapter 11 bankruptcy this week, 50 years after opening its doors to the community.   Read More . . .
  
  
  
• Wyoming nursing home may soon file for bankruptcy
  Shepherd of the Valley Care Center, a nursing home located in Paradise Valley, Wyoming, faces bankruptcy or closure, leaving as many as 150 patients uncertain about the future.   Read More . . .
  
  
  
• Ultimate Electronics' owners file for bankruptcy protection
  The owners of Ultimate Electronics filed for Chapter 11 protection in a U.S. bankruptcy court in Wilmington, Delaware this week.   Read More . . .
  
  
  
• Florida trucking company receives bankruptcy loans
  Cargo Transportation Services, a Fort Lauderdale, Florida-based trucking company, filed for Chapter 11 bankruptcy earlier this month, and has now secured financing so business can continue.   Read More . . .
  
  
  
• Summit Media files for Chapter 11 bankruptcy
  Summit Business Media Holding Co. filed for bankruptcy protection this week after reaching an agreement with creditors on a plan to eradicate $140 million of the company's outstanding debt.   Read More . . .
  
  
  
• Rugged Bear announces bankruptcy filing
  Rugged Bear Co., a Norwood, Massachusetts-based chain of children's clothing stores, filed for Chapter 11 bankruptcy protection this week.   Read More . . .
  
  
  
• Michael Jackson's longtime doctor files for bankruptcy
  Dr. Arnie Klein, a famous Beverly Hills, California-based doctor who treated celebrity clients such as Cher, Dolly Parton and Michael Jackson, filed for bankruptcy this week.   Read More . . .
  
  
  
• New Jersey governor says it's too early for state bankruptcies
  New Jersey Governor Chris Christie appeared on radio talk shows and morning television programs this week, and used the platform to discuss recent proposals that would make it easier for states to declare bankruptcy.   Read More . . .
  
  
  
• Personal, business bankruptcy filings rise in Virginia area
  Due to mounting mortgage debt and decreasing income, more Hampton Roads, Virginia, consumers filed for Chapter 7 and 13 bankruptcies in 2010.   Read More . . .
  
  
  
• Arizona mayor files for personal bankruptcy amid financial troubles
  Lyn Truitt, the mayor of Surprise, Arizona, announced he filed for personal bankruptcy in a federal court this week.   Read More . . .
  
  
  
• 'Appleseed' producer sows seeds of bankruptcy reorganization
  Orchard Brands, which sells home goods and apparel under names such as Appleseed's, filed for Chapter 11 bankruptcy protection in a Delaware court this week, as part of deal that was previously reached with lenders.   Read More . . .
  
  
  
• Mesa Air announces bankruptcy exit
  Mesa Air Group announced the company's plan to exit Chapter 11 protection was approved by a bankruptcy judge this week.   Read More . . .
  
  
  
• Vallejo to submit bankruptcy exit proposal this week
  The city of Vallejo, California, plans to submit a proposal to a federal bankruptcy judge this week that would help it exit protection.   Read More . . .
  
  
  
• South Carolina insurer faces bankruptcy
  Guardian Healthcare, a Greenville, South Carolina-based insurance company, recently filed for bankruptcy, causing many problems across the state.   Read More . . .
  
  
  
• Newt Gingrich calls for bill to allow state bankruptcies
  Former Speaker of the House Newt Gingrich is putting his legislative weight behind a bill that would clear the way for states to file for bankruptcy.   Read More . . .
  
  
  
• Pennsylvania county sees bankruptcy increase
  Bankruptcy filings in Lackawanna County, Pennsylvania, rose nearly 16 percent during 2010, more than double the national rate.   Read More . . .
  
  
  
• Bankruptcy judge approves deal in Madoff case
  U.S. bankruptcy judge Burton Lifland approved a $7.2 billion deal this week which would help investors recover thousands of dollars worth of lost funds they lost from Bernie Madoff's record-setting ponzi scheme.   Read More . . .
  
  
  
• Fair Point announces it will exit bankruptcy
  A year after filing for bankruptcy, FairPoint Communications received approval to exit its Chapter 11 protection.   Read More . . .
  
  
  
• Bankruptcy filings, credit card debt continue to be high in Arizona
  While many recent polls indicate Americans are optimistic about where the economy will develop in 2010, Arizona residents continue to struggle with high levels of credit card debt and bankruptcy.   Read More . . .
  
  
  
• Bankruptcy filings fall in certain Tennessee areas
  While areas around the country, particularly West Coast states, continue to suffer from record-breaking rates of bankruptcy, certain areas of Tennessee saw year-over-year declines in 2010.   Read More . . .
  
  
  
• Anchor Blue files for bankruptcy again
  Anchor Blue Holding Corp., a retailer that sells clothing and accessories to the teenage market, announced today that it is filing for Chapter 11 bankruptcy.   Read More . . .
  
  
  
• Utah personal bankruptcy filings rise in 2010
  Residents of the Beehive State continued to go into bankruptcy at an increased rate in 2010, helping push filing figures to their highest point in five years.   Read More . . .
  
  
  
• Popular national Italian eatery may soon file for bankruptcy
  Sbarro Inc., a fixture in malls and food courts around the country, has hired a group of bankruptcy attorneys to advise the company on a potential restructuring.   Read More . . .
  
  
  
• Kagan rules on Supreme Court bankruptcy issue
  The newest Supreme Court Justice, Elena Kagan, announced her first opinion in an ongoing bankruptcy dispute.   Read More . . .
  
  
  
• Judge dismisses Illinois village's bankruptcy
  A federal bankruptcy judge has rejected a bankruptcy claim on behalf of a southwestern Illinois village, citing that there is no state law that allows for such an action.   Read More . . .
  
  
  
• WaMu has bankruptcy plan rejected
  A federal judge rejected a proposal by Washington Mutual as part of its ongoing bankruptcy case that would have paid their outstanding creditors $7 billion.   Read More . . .
  
  
  
• Kansas posts slight increase in bankruptcies
  Residents of The Sunflower State filed for bankruptcy at a slightly lower rate in 2010.   Read More . . .
  
  
  
• Missouri luxury car dealer files for Chapter 11
  Moore Jaguar, of St. Louis, Missouri, became the first state of the company's authorized dealerships to file for Chapter 11 bankruptcy this week.   Read More . . .
  
  
  
• Loehmann's creditors to vote on bankruptcy plan
  Loehmann's, a national designer brand retailer, received court approval for its current restructuring plan to proceed to its next step this week.   Read More . . .
  
  
  
• Minnesota residents see minor bankruptcy increase
  While bankruptcy filings have been decreasing in recent weeks, as many consumers begin to right themselves financially, the overall number of protective filings in Minnesota rose in 2010.   Read More . . .
  
  
  
• Wisconsin archdiocese to file for Chapter 11
  Milwaukee, Wisconsin's Roman Catholic archdiocese announced this week that it will file for a Chapter 11 bankruptcy in the near future.   Read More . . .
  
  
  
• Oklahoma personal bankruptcy filings rise in 2010
  Recent released federal court data from the state of Oklahoma shows bankruptcy filings continued to rise in 2010, as a result of the economy, which has been slow to recover.   Read More . . .
  
  
  
• International Storytelling Center files for Chapter 11 bankruptcy
  The International Storytelling Center, which operates out of Jonesborough, Tennessee, filed for Chapter 11 bankruptcy protection in a state courtroom this week.   Read More . . .
  
  
  
• W.R. Grace delays bankruptcy filing
  W.R. Grace and Company, a chemical maker that has been in bankruptcy protection since the early 2000s, said its current bankruptcy plan may not be approved until January.   Read More . . .
  
  
  
• Colorado attorneys offer free Chapter 7 filings
  In recent months the number of Chapter 7 and 13 bankruptcy filings has skyrocketed across the nation.   Read More . . .
  
  
  
• Indiana governor supports municipality bankruptcy filings
  This week, Indiana Governor Mitch Daniels provided comments illuminating his stance on legislation allowing municipalities to declare bankruptcy.   Read More . . .
  
  
  
• Blockbuster vies for greater control of bankruptcy
  Blockbuster, America's largest U.S. video rental chain, filed for bankruptcy earlier this year and soon faces the expiration of its exclusive right to dictate terms of its recovery plan.   Read More . . .
  
  
  
• Colorado Jeweler emerges from bankruptcy
  Shane Co., the largest privately-held jeweler operating in the U.S., announced it has completed its restructuring and will emerge from bankruptcy.   Read More . . .
  
  
  
• Hope Hotel gets one more chance for reorganization plan
  Ohio's Hope Hotel and Conference Center, which is located on Wright-Patterson Air Force Base in the Southwest corner of the state, has been granted an extension for its upcoming bankruptcy filing.   Read More . . .
  
  
  
• Twain Condominiums files for Chapter 11 bankruptcy
  A Las Vegas, Nevada, apartment and condominium complex filed for court-supervised reorganization last week in order to block a potential foreclosure.   Read More . . .
  
  
  
• Atlantic Broadcasting files for bankruptcy
  The Linwood, New Jersey-based owner of five area radio stations filed for Chapter 11 bankruptcy this Wednesday.   Read More . . .
  
  
  
• Chicken and Egg farm operator files for bankruptcy
  Townsends Inc., which operates chicken farms in Delaware, North Carolina, and Arkansas filed for Chapter 11 bankruptcy this week.   Read More . . .
  
  
  
• American Media all set for bankruptcy exit
  Less than two months after filing for a Chapter 11 bankruptcy, American Media, publisher of supermarket staples such as The National Enquirer, Star, Shape and Men's Fitness, is clear to exit from court protection.   Read More . . .
  
  
  
• Alter Communications announces bankruptcy exit
  Alter Communications, which publishes the Baltimore Jewish Times, declared this week that it will soon exit its bankruptcy reorganization.   Read More . . .
  
  
  
• Minnesota businesses, residents file for bankruptcy
  During the week that ended on December 19th, several Minneapolis-St. Paul businesses and residents filed for bankruptcy protection in area courtrooms last week.   Read More . . .
  
  
  
• Herbst bankruptcy reorganization approved
  The Herbst family, which operates gambling operations in Las Vegas, Nevada, announced on Thursday that it intends to hand over 15 casinos to a new company.   Read More . . .
  
  
  
• Ohio mobile home park files for bankruptcy protection
  Vintage Villas Mobile Home Park, based in Liberty, Ohio, may soon seeing improvements, after its owners were forced to file for Chapter 11 bankruptcy.   Read More . . .
  
  
  
• Schutt Sports asset sale approved
  The Litchfield, Illinois-based sports equipment manufacturer, Schutt Sports, won a judge's approval to sell all of its assets to Platinum Equity and Kranos Intermediate Holding this week.   Read More . . .
  
  
  
• Bankruptcy trading rises in November
  U.S. bankruptcy claim trading rose in November to its highest level in months, according to a new report.   Read More . . .
  
  
  
• California school district faces bankruptcy
  The recent financial downtown has adversely affected many small town school districts, forcing them to make cuts or even consider bankruptcy.   Read More . . .
  
  
  
• Bankruptcy court approves bid for Pennsylvania track and casino
  The construction of a new racing track and casino destination in Lawrence County, Pennsylvania, moved closer toward fruition this week following a hearing in an area bankruptcy court.   Read More . . .
  
  
  
• Entertainment company files for prepackaged bankruptcy
  RHI Entertainment, a distributor and producer of television programming, filed for a prepackaged Chapter 11 bankruptcy this week in New York.   Read More . . .
  
  
  
• Medical scanning company files for bankruptcy
  Lake Forest, California-based InSight Health Services Holdings, which runs medical imaging centers and provides services to hospitals and doctors, has filed for its second bankruptcy since 2007.   Read More . . .
  
  
  
• Supermarket chain files for Chapter 11
  Great Atlantic and Pacific Tea Company, which operates nearly 400 supermarkets under brand names such as Waldbaum's, Pathmark, and The Food Emporium, sought bankruptcy protection on Monday.   Read More . . .
  
  
  
• AmericanWest's bankruptcy sale approved by courts
  A bankruptcy court approved the sale of AmericanWest, a Spokane, Washington-based bank, and its subsidiary Far West Bank to SKBHC Holdings on Thursday.   Read More . . .
  
  
  
• Molecular Insight seeks bankruptcy reorganization
  Molecular Insight Pharmaceuticals, a major developer of radiopharmaceuticals for cancer treatment, filed for bankruptcy on Friday after bondholders rejected the company's proposed bankruptcy restructuring plan.   Read More . . .
  
  
  
• Kentucky police officer files false bankruptcy
  A Louisville Metro Police officer has been places on paid administration leave after he was indicted on charges he filed a fraudulent bankruptcy claim this week.   Read More . . .
  
  
  
• Buffalo furniture chain to file for bankruptcy, sources say
  Rosa's Home Stores, a Buffalo, New York-based furniture and appliance chain, is planning to file for Chapter 11 bankruptcy.   Read More . . .
  
  
  
• Cattle firm may face unplanned bankruptcy
  An Indiana-based firm, which is under federal investigation for bad checks on cattle purchases, could be forced into an involuntary bankruptcy following a judge's ruling.   Read More . . .
  
  
  
• New York Racing Association faces possible bankruptcy
  Due to the potential passing of a bill that would restructure New York State's off-track betting companies, The New York Racing Association is facing bankruptcy again.   Read More . . .
  
  
  
• Nashville Hotel files for Chapter 11
  Hotel Indigo, located in downtown Nashville, Tennessee, defaulted on a loan this week, prompting its owners to file for bankruptcy reorganization.   Read More . . .
  
  
  
• Boston Generating sale halter by bankruptcy judge
  A U.S. bankruptcy judge denied attempts by Boston Generating's creditors to halt the sale of one of the utility this week.   Read More . . .
  
  
  
• C-Bass continues search for bankruptcy buyer
  Bankrupt mortgage investor Credit-Based Asset Servicing and Securitization won permission to seek higher bids for its collateral-management business this week.   Read More . . .
  
  
  
• San Diego amusement park operator files for Chapter 11
  A rent dispute between the City of San Diego, California, and the owners of Belmont Park, a Mission Beach-based amusement park, has caused the two to become embroiled in bankruptcy court.   Read More . . .
  
  
  
• Washington Mutual faces bankruptcy plan attack
  Lending giant, Washington Mutual defended its plan to repay bankruptcy creditors in a courtroom on Thursday, marking the start of the final hearing in the embattled bank's long liquidation.   Read More . . .
  
  
  
• Small business bankruptcies see nationwide decline
  Bankruptcy rates still remain high across the country; however, a new report indicates the number of small-business seeking protection has declined in most metropolitan areas.   Read More . . .
  
  
  
• Houma shipyard bankruptcy case formally dismissed
  A U.S. Bankruptcy Judge in New Orleans threw out a filing by the financially troubled Houma shipyard this Wednesday.   Read More . . .
  
  
  
• Courts approve MGM studio's prepackaged bankruptcy
  After nearly 18 months of bankruptcy and uncertainty, Metro-Goldwyn Mayer, one of Hollywood's oldest and most prestigious movie studios, was cleared to enter into its prepackaged restructuring on Wednesday.   Read More . . .
  
  
  
• California city exits landmark bankruptcy
  City council members in Vallejo, California, unanimously approved a plan which would allow the municipality to exit a two-year long bankruptcy.   Read More . . .
  
  
  
• Iowa developer files multiple bankruptcy petitions
  A number of companies owned by Des Moines, Iowa, developer Dan Stanbrough are about to file for reorganization.   Read More . . .
  
  
  
• Orleans Homebuilders receives clearance for bankruptcy exit
  U.S. Bankruptcy Judge Peter Walsh, of Wilmington, Delaware, approved a reorganization plan for Orleans Homebuilders, an American housing developer.   Read More . . .
  
  
  
• Western New York bankruptcies see October decline
  Bankruptcy filings in Western New York fell 20 percent in October as the region, like many others across the country, continues to battle with the ramifications of the current economic downturn.   Read More . . .
  
  
  
• Yellowstone Club bankruptcy defendant seeks new judge
  Real estate giant Tim Blixseth, founder of Montana's Yellowstone Club, acting as his own attorney, is seeking to disqualify a bankruptcy judge in the ongoing case.   Read More . . .
  
  
  
• Kentucky memorial home files for bankruptcy
  A nursing home in Louisville, Kentucky, filed for bankruptcy this week, resulting in the future relocation of its residents.   Read More . . .
  
  
  
• BankUnited files for Chapter 11 bankruptcy protection
  Shortly before its exclusive right to commit to bankruptcy restructuring ended, BankUnited Financial filed for Chapter 11 protection on Monday.   Read More . . .
  
  
  
• Lehman bankruptcy fees pass billion-dollar mark
  The price tag for the most expensive bankruptcy in history topped $1 billion.   Read More . . .
  
  
  
• Real Housewives star to file for bankruptcy
  Following actions by The Real Housewives of New Jersey's Teresa Giudice, who filed for bankruptcy protections earlier in the year, another of the series' celebrities is set to apply for financial protection.   Read More . . .
  
  
  
• Value of U.S. bankruptcy claims slumps in October
  The value of U.S. bankruptcy claims traded in October fell to its lowest level since February, according to the most recent statistics from the claims trading marketplace.   Read More . . .
  
  
  
• National Enquirer publisher American Media files for Chapter 11
  American Media, publisher of the Pulitzer Prize nominated National Enquirer, Flex, and other checkout aisle tabloids, announced that it filed for Chapter 11 protection in a courtroom on Wednesday.   Read More . . .
  
  
  
• Madoff bankruptcy trustee sues former employees
  The trustee overseeing the bankruptcy case of convicted ponzi scheme perpetrator Bernard Madoff has sued four of the investor's former employees.   Read More . . .
  
  
  
• Texas furniture retailer to file for Chapter 11
  Lack's Stores, a Texas-based furniture retailer, announced Monday it plans to file for Chapter 11 bankruptcy protection.   Read More . . .
  
  
  
• Asian Art Museum contemplates bankruptcy
  San Francisco, California's, Asian Art Museum is experiencing financial difficulties and may be forced to declare bankruptcy.   Read More . . .
  
  
  
• Michigan city seeks bankruptcy approval
  The city of Hamtramck, Michigan, has asked the officials of the Great Lakes State for permission to file for bankruptcy this week.   Read More . . .
  
  
  
• Loehmann's Holdings seeks bankruptcy protection
  The New York-based discount retailer Loehmann's filed for Chapter 11 bankruptcy in its home state on Monday.   Read More . . .
  
  
  
• Joesph-Beth Books adding bankruptcy chapter
  The Joesph-Beth Group, a Cincinnati, Ohio, bookseller, filed for Chapter 11 bankruptcy protection on Thursday.   Read More . . .
  
  
  
• Rhode Island woman's bankruptcy voids legal fees
  Earlier this year, a Superior Court judge ordered a Rhode Island woman to pay $30,000 in legal fees resulting from a divorce case.   Read More . . .
  
  
  
• Specialty chemical maker emerges from bankruptcy
  Chemtura, a Philadelphia, Pennsylvania, manufacturer of specialty chemicals announced that it has emerged from Chapter 11 bankruptcy reorganization on Thursday.   Read More . . .
  
  
  
• Innkeepers allowed to keep control of bankruptcy case
  Innkeepers USA, a Palm Beach, Florida real estate trust, won permission to keep control of its bankruptcy case until the end of January.   Read More . . .
  
  
  
• IStar seeks credit to avoid bankruptcy
  IStar Financial, a commercial real-estate lender, is in talks with creditors in order to avoid a potential bankruptcy next year.   Read More . . .
  
  
  
• Pennsylvania city one step closer to bankruptcy
  Harrisburg, Pennsylvania's state capital, has been plotting a Chapter 9 bankruptcy filing for last few months, and now appears closer to doing so.   Read More . . .
  
  
  
• Bankruptcy numbers may rise slightly in October
  Raw data suggests that bankruptcy filings may have risen slightly in October from previous months.   Read More . . .
  
  
  
• Companies emerging from bankruptcy to receive B's
  More than 100 companies that are scheduled to exit bankruptcy before 2012 will receive B level credit rankings, according to a new report.   Read More . . .
  
  
  
• Ambac may file for bankruptcy this week
  Ambac Financial, a holding company undergoing restructuring by Wisconsin regulators, says that it may file for bankruptcy this week.   Read More . . .
  
  
  
• Chicago mall owner to emerge from Chapter 11
  General Growth Properties, the nation's second largest mall developer, is expected to exit Chapter 11 protection on Wednesday.   Read More . . .
  
  
  
• Rhode Island casino exits bankruptcy
  The Twin River Casino emerged from Chapter 11 bankruptcy on Tuesday, a year and a half after it filed for protection.   Read More . . .
  
  
  
• Bankruptcy education offers little benefit, study says
  There may be significant flaws with the federally-mandated financial education courses, that are required for bankruptcy filers, a new study says.   Read More . . .
  
  
  
• Orange County bankruptcies rise
  Orange County, California, the real-life set of some of the last decade's most popular shows, including The OC and Laguna Beach, has seen a spike in bankruptcy filings this year.   Read More . . .
  
  
  
• Bankruptcy looms over Buffalo school system
  Buffalo, New York, public school administrators have been considering bankruptcy, but recent reports say the troubled educational body is not ready to file just yet.   Read More . . .
  
  
  
• Central California City to emerge from bankruptcy
  City officials in Vallejo, California, are contemplating a way to exit the community's longstanding bankruptcy this month.   Read More . . .
  
  
  
• Bankruptcy filings rise in October
  U.S. bankruptcy filings climbed higher in October, rising to 132,173 filings nationwide   Read More . . .
  
  
  
• Yellowstone Club bankruptcy reorganization overturned
  A piece of Yellowstone Club's bankruptcy reorganization was overturned by a Butte, Montana, district judge this week.   Read More . . .
  
  
  
• Judge examines Sea Island bankruptcy plan
  A federal judge is scheduled to hear a case from Georgia's Sea Island resorts this week.   Read More . . .
  
  
  
• MGM files for bankruptcy following creditor deal
  Metro-Goldwyn-Mayer, one of Hollywood's oldest and most venerable movie studios, filed for bankruptcy protection this week, citing debts that prohibited the release of new films.   Read More . . .
  
  
  
• 'The Hills' couple may file for bankruptcy
  Heidi Montag and Spencer Pratt, the reality TV stars famous for their explosive behavior on MTV's 'The Hills,' may be soon file for bankruptcy according to new reports.   Read More . . .
  
  
  
• Beach volleyball tour files for bankruptcy
  After seeing its 2010 tour cut short due to inadequate funds, the Association of Volleyball Professionals and subsidiary company AVP Tour, filed for Chapter 11 in Los Angeles, California, this week.   Read More . . .
  
  
  
• Rochester county sees bankruptcy decline
  Rochester, New York, released new reports today, saying the county saw bankruptcy filings fall in October, part of an overall yearly decline.   Read More . . .
  
  
  
• Countrywide could face bankruptcy
  A new report released today suggests that Bank of American may consider a bankruptcy for one of its subsidiary companies.   Read More . . .
  
  
  
• Tribune bankruptcy adds new lawsuits
  The Tribune Company, a media publisher which owns The Chicago Tribune and The Los Angeles Times, continued its pursuit out of a bankruptcy exit this week.   Read More . . .
  
  
  
• Hawaii communications company emerges from bankrtupcy
  Hawaiian Telcom Communications, Hawaii's largest telephone service provider, announced that it has emerged from Chapter 11 bankruptcy after two-years of reorganization.   Read More . . .
  
  
  
• Bankruptcy filings rise in Illinois
  President Barack Obama may be doing as much as possible to help struggling Americans; however, a new report suggests that his home state is among those still hurting in the wake of the current recession.   Read More . . .
  
  
  
• Blockbuster bankruptcy receives court approval
  A U.S. bankruptcy court in New York approved part of bankruptcy plan for Blockbuster this week.   Read More . . .
  
  
  
• Ultimate Escapes wins approval for bankruptcy sale
  A judge approved a deal this week to sell Ultimate Escapes, a luxury vacation provider, to another industry agency, Demeure.   Read More . . .
  
  
  
• Vegas casinos get new leaders after bankruptcy.
  Two Las Vegas-based casino operators are appointing new CEOs as they prepare to emerge from bankruptcy.   Read More . . .
  
  
  
• Tribune bankruptcy plan backed by creditors
  Tribune Co., a media conglomerate that counts The Chicago Tribune and Los Angeles Times among its holdings, took an important step towards ending bankruptcy this week.   Read More . . .
  
  
  
• Court rules against FedEx in bankruptcy case
  A federal court has ruled that FedEx prematurely canceled a key agreement with ATA Airlines, a move which caused the airline to file for bankruptcy and ultimately undergo liquidation.   Read More . . .
  
  
  
• Germantown Settlement cancels Chapter 11 plans
  Germantown Settlement, one of Philadelphia's oldest non-profit organizations has canceled plans to exit Chapter 11 bankruptcy this week.   Read More . . .
  
  
  
• Cemetery owner files for bankruptcy
  A bankruptcy judge ordered a Fredricksburg, Virginia cemetery owner's business be dissolved rather than reorganized under Chapter 7.   Read More . . .
  
  
  
• NJ congressional candidate in bankruptcy
  Peter DeStefano, a disputed tea party candidate in a congressional race for New Jersey's third district is under bankruptcy protection.   Read More . . .
  
  
  
• Bankrupt housewife could leave TV
  Teresa Giudice, one of the cast members on the Bravo series "Real Housewives of New Jersey," filed for Chapter 7 bankruptcy last year with her husband, Joe.   Read More . . .
  
  
  
• GM creditor committee heads to bankruptcy court
  The creditors' committee for old General Motors, now formally Motors Liquidation Co., is set to square off against the U.S. Treasury Department this week.   Read More . . .
  
  
  
• Ski resort denied bankruptcy funds
  A federal bankruptcy judge rejected a $2 million dollar loan, which would have allowed Idaho's Tamarack Resort to continuing sending vacationing skiers down its slopes.   Read More . . .
  
  
  
• Lehman bankruptcy fees growing
  Lehman Brothers filed the biggest bankruptcy in U.S. history in 2008, leading the company to rack up record-breaking legal fees in the process.   Read More . . .
  
  
  
• 'Hour of Power' church files bankruptcy
  Crystal Cathedral, the Orange County, California megachurch where the weekly Christian television program "Hour of Power" is filmed, has filed for Chapter 11 bankruptcy.   Read More . . .
  
  
  
• TerreStar nears bankruptcy filing
  TerreStar, a mobile-communications company based in Virgina, is preparing to file for Chapter 11 bankruptcy protection.   Read More . . .
  
  
  
• Electric co-op files for bankruptcy
  Naknek Electric Association, a rural Alaskan electric utility, has filed for Chapter 11 bankruptcy.   Read More . . .
  
  
  
• WaMu bankruptcy deal moves toward approval
  Washington Mutual announced Monday that a United States Bankruptcy Court in Delaware has approved the company's restructuring plan.   Read More . . .
  
  
  
• Historic San Jose property files for Chapter 11
  A commercial property owner in San Jose has filed for Chapter 11 bankruptcy protection, a move that has stalled the foreclosure of one of the area's historic buildings.   Read More . . .
  
  
  
• Arby's franchisee claims bankruptcy
  Days after an U.S. bankruptcy judge rescinded the management of 22 stores from owners PRP Inc., 400 Arby's workers in Alabama, Mississippi, Georgia, and Florida were working without pay, and without adequate supplies for customers.   Read More . . .
  
  
  
• Capmark defends bankruptcy
  Capmark Financial Group, a commercial lender that filed for bankruptcy protection last year, defended their financial decisions in a Delaware court this week.   Read More . . .
  
  
  
• Movie Gallery Inc. conduct bankruptcy auction
  Movie Gallery Inc., the video rental chain, has filed a motion in bankruptcy court for the right to sell their remaining intellectual property.   Read More . . .
  
  
  
• Bankruptcy increasing in elderly population
  A new report suggests that bankruptcy among the nation's elderly population is on the rise.   Read More . . .
  
  
  
• Curtains open for famed theater
  Pasadena Playhouse, a theater company, plans to reopen its doors this week after rebounding from a Chapter 11 bankruptcy filing earlier this year.   Read More . . .
  
  
  
• Major nursery files bankruptcy
  Hines Nurseries, a leading commercial plant distributor, filed for Chapter 11 bankruptcy in Delaware this week.   Read More . . .
  
  
  
• WaMu Bankruptcy continues
  News came in the ongoing Washington Mutual Inc. bankruptcy this week.   Read More . . .
  
  
  
• Tribune bankruptcy makes progress
  Tribune Co., continued its effort out of Chapter 11 bankruptcy announcing an agreement with JPMorgan Chase and other unsecured creditors.   Read More . . .
  
  
  
• Blockbuster to keep doors open
  After filing for Chapter 11 bankruptcy last month, Blockbuster announced that it plans to keep its 3,000 stores open during refinancing.   Read More . . .
  
  
  
• Film studio filing for bankruptcy
  Metro-Goldwyn-Mayer, the Hollywood film studio responsible for movie classics like The Wizard of Oz, and Gone with the Wind, announced its plans to begin pre-packaged Chapter 11 bankruptcy proceedings.   Read More . . .
  
  
  
• Philadelphia newspaper chief steps down
  The Philadelphia Inquirer emerged from Chapter 11 after a bankruptcy sale last week, transitioning the ownership of the widely circulated daily for the third time in the last two years.   Read More . . .
  
  
  
• 'Nails' hammered by bankruptcy
  Lenny Dykstra, a former outfielder for the Philadelphia Phillies and New York Mets, has fallen on hard times, according to recent reports.   Read More . . .
  
  
  
• Petters Group lawsuits continue
  Petters Group Worldwide LLC sued Arrowhead Capital Management LLC, a Minneapolis-based investment firm, seeking $105 million from the firm to allocate towards its creditors.   Read More . . .
  
  
  
• Visteon rolls out of bankruptcy
  Visteon Corp., a supplier of auto parts that focus on climate, electronics, lighting and interiors showcased some of their new products last week at the 2010 Paris Auto Show, as well as some much-improved financial news.   Read More . . .
  
  
  
• Blockbuster bankruptcy means video stores going extinct
  With Blockbuster one of the few remaining businesses that actually operated video stores, its bankruptcy shows an entire business is going the way of the dodo.   Read More . . .
  
  
  
• Health services company may head back to bankruptcy
  A major health services provider may be forced to return to Chapter 11 protection.   Read More . . .
  
  
  
• Lenders object to Tribune exit plan
  The contentious bankruptcy of a media conglomerate just hit another snag.   Read More . . .
  
  
  
• Lehman expects bankruptcy plan confirmation next year
  The company responsible for the largest banking collapse in U.S. history says its bankruptcy plan will be accepted within the first few months of 2011.   Read More . . .
  
  
  
• Trendy clothing company seeks bankruptcy
  The operator of a hip women's clothing company filed for Chapter 11 protection.   Read More . . .
  
  
  
• Almatis bankruptcy exit plan cleared by court
  A bankruptcy judge has cleared a plan for distressed aluminum company to exit bankruptcy this fall.   Read More . . .
  
  
  
• Pennsylvania capitol moves closer to bankruptcy
  With the threat of lawsuits from several creditors looming, the city of Harrisburg, Pennsylvania, was bailed out by the state government.   Read More . . .
  
  
  
• Blockbuster CFO resigns
  As his company bled money and rumors of an imminent bankruptcy filing grew more persistent, the chief financial officer of movie rental company Blockbuster decided he'd had enough.   Read More . . .
  
  
  
• Circuit City liquidation plan approved
  After it amended its initial liquidation plan, Circuit City won approval from a bankruptcy court.   Read More . . .
  
  
  
• Small business bankruptcies fall in some cities
  As the economy is still struggling to recover from the recession, small business bankruptcies in some cities are finally beginning to slow.   Read More . . .
  
  
  
• American Shingle files for bankruptcy
  After being plagued by complaints from consumers, a Charlotte-based roofing company has filed for bankruptcy.   Read More . . .
  
  
  
• Judge rejects FDIC claim on Colonial Bank
  The bankruptcy case of Colonial Bank, a lending company that was seized by regulators in 2009, may soon be resolved.   Read More . . .
  
  
  
• Newspaper publisher's bankruptcy sale approved
  A bankrupt Ohio publishing company has been cleared for sale to its creditors.   Read More . . .
  
  
  
• Tribune Co. bankruptcy case gets mediator
  The long bankruptcy case involving a huge media conglomerate might be nearing its end.   Read More . . .
  
  
  
• Judge delays ruling in Truvo bankruptcy
  The ongoing bankruptcy case of Truvo USA was delayed as September began.   Read More . . .
  
  
  
• Pennsylvania capital nearing bankruptcy
  Tensions in Harrisburg, Pennsylvania, are mounting as the city edges closer to the harsh reality that it will have to file for bankruptcy in the near future.   Read More . . .
  
  
  
• Bankruptcy filings fell in August
  Fewer consumers filed for bankruptcy protection in August than did in July.   Read More . . .
  
  
  
• Innkeepers' sale plan rejected by judge
  The judge in the Innkeepers USA Trust bankruptcy case shot down its proposed sale.   Read More . . .
  
  
  
• Fingerpointing over Lehman bankruptcy continues
  The contentious case of the Lehman Brothers bankruptcy has gotten more troublesome.   Read More . . .
  
  
  
• Tronox lets shareholders file separate exit plan
  A major chemical manufacturer said it will allow its shareholders to file a rival reorganization plan.   Read More . . .
  
  
  
• Agreement makes Visteon bankruptcy exit easier
  After a long dispute with former employees, Visteon has reached an agreement that will allow it to more easily exit bankruptcy in the near future.   Read More . . .
  
  
  
• Tribune Co. says it won't file another plan
  Multimedia conglomerate Tribune Co. said that it will not make any changes to its current reorganization plan.   Read More . . .
  
  
  
• Texas Rangers bankruptcy ends with team in the black
  After a lengthy and contentious bankruptcy case that ended with the team getting new owners, the Texas Rangers came out of Chapter 11 protection as a profitable club.   Read More . . .
  
  
  
• Music website owes millions to major labels
  Citing the mounting costs of making continued royalty payments to major record companies, music streaming website Playlist.com has filed for bankruptcy.   Read More . . .
  
  
  
• Station Casinos reorganization plan approved
  One of the largest gambling companies in the U.S. had its bankruptcy plan approved by a federal judge.   Read More . . .
  
  
  
• Blockbuster bankruptcy filing is imminent
  After months of denials and deferments, it seems as though Blockbuster will finally file for bankruptcy.   Read More . . .
  
  
  
• Cost of bankruptcy on the rise
  While many Americans are filing for bankruptcy in record numbers, the cost of doing so is going up.   Read More . . .
  
  
  
• Visteon seeks financing with eye toward bankruptcy exit
  One of the world's largest auto parts suppliers is headed for exit from its bankruptcy case.   Read More . . .
  
  
  
• Innkeepers creditors to investigate Apollo Investment
  The official creditors committee for Innkeepers USA was authorized to begin investigating how Apollo Investment Corp. was formed and financed.   Read More . . .
  
  
  
• Trico Marine files for Chapter 11
  The U.S. unit of one of the world's largest suppliers of support vessels for oil drilling has been forced into bankruptcy.   Read More . . .
  
  
  
• AbitibiBowater wins approval to emerge from bankruptcy
  The world's largest newsprint maker has finally won court approval to exit bankruptcy.   Read More . . .
  
  
  
• Oriental Trading files for bankruptcy
  One of the nation's largest mail-order novelty and party item companies has been forced to file for bankruptcy.   Read More . . .
  
  
  
• General Growth nearing breakup under bankruptcy
  The bankruptcy case for the second-largest shopping mall operator in the nation is making more advances.   Read More . . .
  
  
  
• Seed company sold at bankruptcy hearing
  One of the oldest distributers of plant and flower seeds in the country has been bought at a bankruptcy hearing.   Read More . . .
  
  
  
• Maryland bankruptcy filings increase
  More people across the country are filing for bankruptcy this year, and the problem is especially stark in Maryland.   Read More . . .
  
  
  
• Bankruptcy judge approves sale of Medical Staffing
  A bankruptcy judge has approved the sale of one of the nation's largest temporary-nurse staffing companies.   Read More . . .
  
  
  
• Michigan city may soon face bankruptcy filing
  Warren Renando - the interim city manager in Jackson, Michigan - says that the municipality may soon have to file for bankruptcy unless its city council acts soon.   Read More . . .
  
  
  
• National Envelope wins approval to sell assets
  The largest privately-held envelope maker in the country can now sell its assets thanks to a judge's ruling.   Read More . . .
  
  
  
• Lehman Brothers bankruptcy trial resumes
  The trial over the largest private bankruptcy in American history is underway again.   Read More . . .
  
  
  
• Philadelphia Newspapers clears hurdle with unions
  One of the few remaining obstacles preventing Philadelphia Newspapers from exiting bankruptcy has finally been overcome.   Read More . . .
  
  
  
• Tribune bankruptcy settlement collapses
  A settlement that was crucial to the proposed reorganization plan of Tribune Co. has crumbled.   Read More . . .
  
  
  
• Hawaii Medical Center comes out of bankruptcy
  After almost exactly two years, one of the biggest healthcare firms in Hawaii has emerged from Chapter 11 protection.   Read More . . .
  
  
  
• MGM bankruptcy plan reaches important juncture
  A new pitch from Spyglass Entertainment in its bid to take over control of MGM has taken a large step forward.   Read More . . .
  
  
  
• Popular clothing line faces bankruptcy
  American Apparel recently warned investors that there is "substantial doubt" whether it can continue to operate.   Read More . . .
  
  
  
• Mall operator can move forward with bankruptcy
  The nation's second-largest mall owner and operator won court approval to move forward with its plan to exit bankruptcy despite the fact that creditors still aren't happy with the proposal.   Read More . . .
  
  
  
• Hotel operator explores possible bankruptcy filing
  The operator of some of the most iconic hotels in several major American cities is considering a possible bankruptcy filing.   Read More . . .
  
  
  
• Yellowstone Club bankruptcy blamed on its founder
  Whenever a company goes bankrupt, there is bound to be some blame to be shared.   Read More . . .
  
  
  
• Lawsuit filed over hospital bankruptcy
  As the now-closed St. Vincent's Hospital in New York City neared bankruptcy, its top executives spent hundreds of thousands on golf and millions more on unspecified expenses, a new suit alleges.   Read More . . .
  
  
  
• Potential bankruptcy forces museum to close temporarily
  Driven by worries that it faces the option of either filing for bankruptcy or facing foreclosure, a famous contemporary art museum in New York City decided to shut its doors for the rest of the month.   Read More . . .
  
  
  
• Bankruptcy filings rose 20 percent in June
  As their credit troubles deepened, considerably more Americans were forced to file for bankruptcy in June than did so in the same month last year.   Read More . . .
  
  
  
• Tribune Co. bankruptcy case hits another snag
  The ongoing saga of one media conglomerate's bankruptcy case has run into another problem.   Read More . . .
  
  
  
• Nortel Networks loses $1.4 billion behind bankruptcy costs
  A major telecommunications equipment manufacturing company posted a loss of $1.4 billion in the second quarter of the year owing to costs from its ongoing bankruptcy case.   Read More . . .
  
  
  
• Cost of Chrysler bankruptcy nears $85 million
  Chrysler is approaching the end of its Chapter 11 case, and recently found out that it will end with about $85 million in fees to attorneys and advisers. That bill will be picked up almost entirely by the American taxpayer.   Read More . . .
  
  
  
• Caribbean Petroleum files for bankruptcy after explosion
  Blaming the costs of cleaning up environmental hazards after an explosion in October of last year, Caribbean Petroleum filed for bankruptcy in the U.S.   Read More . . .
  
  
  
• Energy storage system manufacturer files for bankruptcy
  ISE, a large manufacturer of energy systems based near San Diego, California, has filed for Chapter 11.   Read More . . .
  
  
  
• Blockbuster again extends debt deadline to avoid bankruptcy
  Thanks to its seeming desire to never surrender to creditors or competitors, Blockbuster has once again successfully negotiated to extend the deadlines by which it must pay off its debt.   Read More . . .
  
  
  
• Environmental cleanup company files for bankruptcy
  An environmental engineering company that specializes in cleaning up toxic soil filed for bankruptcy in the middle of a project.   Read More . . .
  
  
  
• Sea Island optimistic after bankruptcy filing
  While nothing is certain in bankruptcy proceedings, the owners of a major coastal resort in Georgia say they are now cautiously optimistic about the company's future.   Read More . . .
  
  
  
• Sale of Texas Rangers officially approved
  The Texas Rangers' lengthy and often contentious trek through bankruptcy is finally over.   Read More . . .
  
  
  
• Chemtura wins approval of bankruptcy exit plan
  A major chemical manufacturer has had its bankruptcy exit plan approved by a U.S. judge.   Read More . . .
  
  
  
• Spyglass could take over MGM
  With iconic movie production house MGM Studios facing an uncertain financial future that could lead to bankruptcy, other companies are beginning to circle.   Read More . . .
  
  
  
• Georgia luxury resort files for bankruptcy
  One of the older seaside resorts in Georgia has been forced to seek Chapter 11 bankruptcy protection.   Read More . . .
  
  
  
• Judge signs off on WaMu probe
  A bankruptcy judge has approved a deeper investigation into how Washington Mutual collapsed.   Read More . . .
  
  
  
• MGM Studios may face bankruptcy
  Iconic film studio MGM is facing such dire financial straits that it may be forced into bankruptcy by September 15.   Read More . . .
  
  
  
• New York art museum faces closing after bankruptcy
  One of the most popular contemporary art museums in New York City could close as a result of its recent bankruptcy filing.   Read More . . .
  
  
  
• Space tourism company files for bankruptcy
  A company that once aimed to fly everyday consumers into outer space has instead cratered financially.   Read More . . .
  
  
  
• Top Chef star finds second restaurant in foreclosure
  One of the stars of the reality television show Top Chef, will have one of his restaurants put up for foreclosure auction just months after another company he owned went bankrupt.   Read More . . .
  
  
  
• Southern California has most bankruptcies in the country
  Southern California had more bankruptcy filings in the first quarter of the year than any other region in the country.   Read More . . .
  
  
  
• Texas Rangers exit bankruptcy after 18 months
  It took a year and a half, several proposed bidders, contentious creditors and a bankruptcy auction, but the Texas Rangers have at long last emerged from Chapter 11 protection.   Read More . . .
  
  
  
• Bankruptcies climb for the first time in months
  Though the number of bankruptcy filings across the country rose in July after three months of decline, the increase was not unexpected.   Read More . . .
  
  
  
• Blockbuster could get extra month to prepare for bankruptcy
  Movie rental giant Blockbuster will likely get a one-month reprieve from creditors to prepare for a potential bankruptcy filing in September.   Read More . . .
  
  
  
• Ryan/Greenberg group win Texas Rangers auction
  In the end, both sides may have gotten what they wanted.   Read More . . .
  
  
  
• Old Texaco bankruptcy can be reopened
  A judge has ruled that Texaco, which was bought by Chevron in 2001, can open its 1987 bankruptcy case again to prevent property owners in Louisiana from seeking damages for an alleged toxic waste contamination.   Read More . . .
  
  
  
• Oil services company warns it must consider bankruptcy
  A major supplier of on-site services to oil companies says it might have to file for bankruptcy to mitigate its large second-quarter losses.   Read More . . .
  
  
  
• Cuban, Crane join forces to bid on Rangers
  A new threat to the bid of a potential ownership group led by Chuck Greenberg and Nolan Ryan has risen in the dying minutes before the Texas Rangers' bankruptcy auction.   Read More . . .
  
  
  
• Tribune bankruptcy report unveiled
  The examiner's report in the bankruptcy case of Tribune Co., a conglomerate that owns several major newspapers and television stations, has been ordered unsealed.   Read More . . .
  
  
  
• Southern bankruptcy filings decrease in July
  Consumers across the country are filing for bankruptcy at record rates, but one region is actually showing improvement in the area.   Read More . . .
  
  
  
• Washington nightclubs, owner file for bankruptcy
  The owner of two Washington, D.C., nightclubs, including the biggest in the district, and their owner have filed for bankruptcy.   Read More . . .
  
  
  
• Mexican airline files for bankruptcy in the U.S.
  The largest airline in Mexico warded off creditors by filing for bankruptcy in both its home nation and the U.S.   Read More . . .
  
  
  
• General Growth to reinstate $1.35 billion of bonds during bankruptcy
  Rather than seek out loans as part of its revised bankruptcy plan, the second-largest mall operator in the country will instead reinstate $1.35 billion in bonds.   Read More . . .
  
  
  
• Texas Rangers bankruptcy auction set for Wednesday
  The upcoming bankruptcy auction for control of the Texas Rangers will take place on Wednesday, and will be the first for a Major League Baseball team in nearly two decades.   Read More . . .
  
  
  
• Foundry firm emerges from bankruptcy
  Neenah Enterprises, one of the largest independent foundries and a top supplier of castings to domestic markets, came out of bankruptcy last week with new equity ownership.   Read More . . .
  
  
  
• Newsprint titan wins approval of bankruptcy outline
  AbitibiBowater, the largest newsprint maker in the world, recently won court approval of an outline of its restructuring plan.   Read More . . .
  
  
  
• Utah bankruptcies rise dramatically in first half of the year
  The number of bankruptcy filings in Utah rose considerably in the first six months of 2010.   Read More . . .
  
  
  
• Innkeepers bankruptcy case worries some
  A new proposal in bankruptcy court that would allow Innkeepers USA Trust to slash $300 million from the debt it owes to secured creditors is creating some concern.   Read More . . .
  
  
  
• Madoff bankruptcy trustee sues family companies
  The trustee in the bankruptcy case of Ponzi scheme king Bernie Madoff, who was appointed to recover the money stolen in the scams the financier ran for decades, has now sued three businesses controlled by Madoff's sons and other family members.   Read More . . .
  
  
  
• Tribune bankruptcy plan dead
  The report from the examiner in the bankruptcy case of media conglomerate Tribune Co. has been filed, and creditors are calling the company's reorganization plan "dead."   Read More . . .
  
  
  
• New government website offers interactive bankruptcy map
  Many consumers that want to view up-to-date data on bankruptcies across the country used to have to wait for information to be made public by firms that calculated those statistics. But that is no longer the case.   Read More . . .
  
  
  
• A-Rod files objection to bankruptcy auction
  Yet another of the Texas Rangers' creditors has come forward to file an objection to the club's bankruptcy plan.   Read More . . .
  
  
  
• Wisconsin bankruptcies rise considerably in first half of 2010
  The number of bankruptcies in Wisconsin over the first half of the year is up 16 percent from the same period in 2009.   Read More . . .
  
  
  
• Deal reached over nation's largest casino bankruptcy
  Station Casinos Inc. finally reached a deal to end a dispute with its unsecured creditors.   Read More . . .
  
  
  
• Hawaii bankruptcies near record pace
  The number of bankruptcies filed last month in Hawaii was close to a record, and foreclosures rose considerably as well.   Read More . . .
  
  
  
• Judge approves U.S. Concrete reorganization plan
  U.S. Concrete, one of the largest manufacturers of the building material in the country, has had its bankruptcy plan approved by a federal judge.   Read More . . .
  
  
  
• Iowa real estate developer files for bankruptcy after lost court case
  A developer of both commercial and residential real estate has filed for bankruptcy protection after losing an appeals decision on a $1.2 million foreclosure action.   Read More . . .
  
  
  
• Razor company files for bankruptcy
  A large manufactuerer of private-label wet-shaving razor blades has filed for bankruptcy and will be bought by first-lien holders.   Read More . . .
  
  
  
• Law website ranks top bankruptcy firms
  When a major corporation or bank has to file for bankruptcy, it appears as though they all know exactly which law firm to use.   Read More . . .
  
  
  
• Texas Rangers may be sold without bankruptcy plan
  Though the auction to sell the Texas Rangers will proceed as planned in early August, the team won't be required to have a plan to emerge from Chapter 11 protection before it is sold.   Read More . . .
  
  
  
• Examiner named in Washington Mutual bankruptcy case
  Perhaps because the ongoing bankruptcy of Washington Mutual has been so contentious, a former top official at the U.S. Department of Justice has been appointed as the case's examiner.   Read More . . .
  
  
  
• Architecture and development firm files for bankruptcy
  One of the biggest architecture firms, which developed several large projects in Miami, where it was headquartered, has filed for bankruptcy.   Read More . . .
  
  
  
• Operator of Uno Chicago Grill emerges from bankruptcy
  The operator of a large pizza chain has finally come out of its six-month bankruptcy case.   Read More . . .
  
  
  
• A new potential bidder emerges in Texas Rangers bankruptcy
  As the date of the auction for ownership rights to the Texas Rangers approaches, a new potential bidder from New York came forward, and another found his role very much up in the air.   Read More . . .
  
  
  
• Real Housewives of New Jersey star faces bankruptcy auction
  As part of her ongoing bankruptcy case, one of the stars of Bravo's reality series The Real Housewives of New Jersey will see her assets sold off in an auction next month.   Read More . . .
  
  
  
• Tribune looks to emerge from bankruptcy
  Tribune Co., the embattled media giant that owns several of the country's best-known newspapers, will soonhave new information about how it can emerge from bankruptcy.   Read More . . .
  
  
  
• Massachusetts bankruptcies rise 25 percent
  The number of bankruptcy filings in Massachusetts increased significantly in the first half of 2010 compared to last year.   Read More . . .
  
  
  
• Landmark deli files for bankruptcy
  One of the most iconic restaurants in Austin, Texas, has filed for bankruptcy.   Read More . . .
  
  
  
• Judge won't delay Texas Rangers bankruptcy auction
  The Texas Rangers finally got some good news in their bankruptcy case.   Read More . . .
  
  
  
• Texas Rangers' bankruptcy could hurt it on the field
  Nolan Ryan, the president of the Texas Rangers and part of a group that wants to buy the team, testified that the club's ongoing bankruptcy case is hurting its ability to sign free agents and players from overseas.   Read More . . .
  
  
  
• Troubled casino seeks bankruptcy protection
  The company that runs a Reno, Nevada, casino that is in danger of having its gambling license suspended has filed for bankruptcy protection.   Read More . . .
  
  
  
• South Florida homebuilder from popular TV show files for bankruptcy
  A development company that makes custom homes in South Florida and appeared on the popular television show Extreme Makeover: Home Edition has filed for bankruptcy.   Read More . . .
  
  
  
• Hotel chain files for bankruptcy protection
  Innkeepers USA Trust, which has a stake in 72 hotels across the country, has filed for bankruptcy after revenues plummeted and debts rose.   Read More . . .
  
  
  
• Las Vegas resort emerges from bankruptcy
  While a number of casinos in the city are filing for bankruptcy, a resort development outside Las Vegas is finally coming out of it.   Read More . . .
  
  
  
• Washington Mutual bankruptcy judge will appoint examiner
  Because the bankruptcy case involving Washington Mutual has stretched on for so long, the judge presiding over it will appoint an independent examiner to investigate the company's assets.   Read More . . .
  
  
  
• Hotel chain has bankruptcy exit plan approved
  Extended Stay Inc. has finally won approval of its plan to pay off creditors through the sale of its assets.   Read More . . .
  
  
  
• Jennifer Convertibles files for bankruptcy
  One of the larger home-furnishing retailers in the country has filed for pre-arranged bankruptcy protection.   Read More . . .
  
  
  
• Yet another twist in Texas Rangers bankruptcy saga
  The Texas Rangers' bankruptcy case, which has lasted far longer than either the potential new owners or the team itself envisioned, has hit another snag.   Read More . . .
  
  
  
• Nation's largest casino company gets clearance for exit plan
  Thanks to a new ruling, the biggest gambling company in the United States can send its bankruptcy exit plan to its creditors for approval.   Read More . . .
  
  
  
• California small business bankruptcies going through the roof
  While the number of bankruptcy filings by small businesses rose in most parts of the country, cases involving those in California outstripped all other regions by far.   Read More . . .
  
  
  
• Family and friends of NFL quarterback sued in bankruptcy court
  An embattled National Football League quarterback is at the center of another controversy.   Read More . . .
  
  
  
• Movie rental chain files for bankruptcy
  At a time when a number of movie rental companies are feeling pressure from online competitors, one has decided to call it quits.   Read More . . .
  
  
  
• Texas winery sold for millions in bankruptcy auction
  One of the biggest wineries in Texas will now be part of a champagne company that is among the most successful in the country.   Read More . . .
  
  
  
• New owners approved for Trump-owned casino
  Trump Entertainment Resorts, which owns a number of bankrupt casinos in Atlantic City, is in talks to sell the Trump Marina Hotel Casino.   Read More . . .
  
  
  
• Massachusetts man charged with bankruptcy fraud
  A disbarred Massachusetts attorney was in federal court recently to answer charges of bankruptcy fraud.   Read More . . .
  
  
  
• Conservation group fighting Ponzi scheme bankruptcy
  It wasn't just investors that lost all their money in Ponzi schemes, it was nonprofit groups as well.   Read More . . .
  
  
  
• Asbestos forces water heater manufacturer into bankruptcy
  A leading manufacturer of industrial water heaters, control systems and regulators, has filed for Chapter 11 thanks to claims of asbestos-related illnesses from the military.   Read More . . .
  
  
  
• Texas teachers give mall operator $500 million
  General Growth Properties, one of the biggest shopping mall owners and operators in the country, received a large loan from a Texas teachers' pension fund. The loan will help the company to emerge from its bankruptcy protection.   Read More . . .
  
  
  
• Landmark Las Vegas casino files for bankruptcy
  One of the most famous casinos and hotels in Las Vegas has filed for bankruptcy protection.   Read More . . .
  
  
  
• Texas Rangers reschedule team auction
  In yet another twist in the labyrinthine bankruptcy case, the Texas Rangers have proposed an auction just a week after the first one was canceled.   Read More . . .
  
  
  
• New Hampshire bankruptcy filings decline again in June
  The number of bankruptcy filings in New Hampshire fell for the third straight month in June, but the total for 2010 is still well ahead of where it was at this point last year.   Read More . . .
  
  
  
• Potential buyers sue Texas Rangers
  Just days before the team was meant to go to auction, a prospective group of bidders has sued the ballclub.   Read More . . .
  
  
  
• Texas Rangers bankruptcy auction canceled
  While it once appeared that the Texas Rangers would find a new buyer as early as next week, that is no longer the case.   Read More . . .
  
  
  
• Chemical company has plan to exit bankruptcy
  A big-time chemical manufacturer has finalized its plan to exit bankruptcy and get out from under billions in debt and government fines.   Read More . . .
  
  
  
• Shopping mall owner gets huge bankruptcy loan
  General Growth Properties, a company that owns about 200 shopping malls across the country, has received a new loan to help it operate while it goes through bankruptcy proceedings.   Read More . . .
  
  
  
• Minnesota bankruptcy filings hit 10-year high
  Thanks to high unemployment levels that just won't drop and a steady, but slow, economic recovery, the number of bankruptcy filings in Minnesota reached its highest rate in the last 10 years.   Read More . . .
  
  
  
• More twists in Texas Rangers bankruptcy
  The tug-of-war between the Texas Rangers, their two potential buyers, creditors and Major League Baseball got slightly more complicated yesterday, as the federal trustee assigned to the case recommended that the ballclub replace its law firm.   Read More . . .
  
  
  
• Hotel chain's bankruptcy plan comes under fire
  Extended Stay Inc., the company that owns a number of hotel chains across the U.S. and Canada, has had a U.S. trustee formally object to its bankruptcy restructuring plan thanks to provisions that would keep the current owner from being sued by creditors.   Read More . . .
  
  
  
• Texas Rangers ask bankruptcy judge to set auction
  After months of being embroiled in bankruptcy proceedings and a three-way tug-of-war between ownership groups and Major League Baseball, the Texas Rangers seem to have had enough.   Read More . . .
  
  
  
• Bankruptcy filings up 14 percent in the first half of 2010
  The number of bankruptcy filings in the first six months of this year has increased significantly over the total for the same period last year, hinting that the economy may not be recovering as well as some might think.   Read More . . .
  
  
  
• Leading container company emerges from bankruptcy
  Smurfit-Stone Container Corp. emerged from Chapter 11 bankruptcy protection earlier this week after a 17-month restructuring.   Read More . . .
  
  
  
• Tribune Co.'s bankruptcy slowly rolls on
  The bankruptcy case for Tribune Co., a company that owns a number of major newspapers across the country including the Chicago Tribune, has been a long and arduous one, stretching into its 19th month.   Read More . . .
  
  
  
• BP bankruptcy a long way off
  The rumblings that British Petroleum will have to file for bankruptcy have risen and fallen in the past few weeks like the tide, but experts say that the company has many options ahead of it before it even has to consider filing.   Read More . . .
  
  
  
• Private school files for bankruptcy, gets sued for fraud
  Operators of a fine-arts school in California are being sued by a parent after it filed for bankruptcy.   Read More . . .
  
  
  
• Sale of Philadelphia newspapers approved by bankruptcy judge
  A plan that would bring both the Philadelphia Daily News and Philadelphia Inquirer out of Chapter 11 and clear the way for a sale was approved yesterday by a federal bankruptcy judge.   Read More . . .
  
  
  
• Newsprint giants to file for Chapter 11
  North America's two biggest suppliers of newsprint to various publications both won court approval to file for Chapter 11.   Read More . . .
  
  
  
• Bondholders object to Lehman Brothers bankruptcy plan
  A group of creditors for Lehman Brothers Holdings has objected to the company's bankruptcy plan, signaling the first shot in what could be a drawn-out court battle as bondholders fight over the scraps of the former financial giant.   Read More . . .
  
  
  
• With Rangers on brink of bankruptcy, new potential buyers emerge
  The Texas Rangers have been embroiled in a bitter fight between creditors and potential owners, which has delayed the team's ability to file for bankruptcy, but now the team could be sold to a Dallas businessman.   Read More . . .
  
  
  
• Leading razor-maker may file for bankruptcy
  New Jersey-based Personna American Safety Razor, one of the biggest producers of shaving razors in the world, may file for bankruptcy as early this week, and already has a buyer.   Read More . . .
  
  
  
• Many American cities near bankruptcy
  There have been many victims of the economic downturn, as consumers and businesses alike are forced to file for bankruptcy, but one type of casualty that may be overlooked is the American city.   Read More . . .
  
  
  
• Former quarterback Brunell to file for bankruptcy
  Mark Brunell, a three-time Pro Bowl quarterback who has played for three teams in his 15-year career, has announced he will file for Chapter 11 bankruptcy protection as a result of a number of failed real estate investments.   Read More . . .
  
  
  
• Financial reform nearly caused bankruptcy law to be rewritten
  There were a dozens of protections for consumers written into the new financial reform bill, and one that nearly made the cut would have allowed judges to alter homeowners' debt in bankruptcy court.   Read More . . .
  
  
  
• Tensions mark latest Texas Rangers bankruptcy hearing
  An emergency hearing requested by attorneys for the prospective new owners of the Texas Rangers caused a breakout of tension and threats from Major League Baseball.   Read More . . .
  
  
  
• Investors are finding cheap real estate in bankruptcy court
  Real estate investors are always looking for a good deal, and lately they've been finding them in one unlikely place.   Read More . . .
  
  
  
• Toll road operator files for bankruptcy
  After years of lighter-than-expected traffic a small toll road in northwestern South Carolina has been forced to file for bankruptcy.   Read More . . .
  
  
  
• Lehman Brothers paid bankruptcy advisers $830.6 million
  According to regulatory filings, investment bank Lehman Brothers Holdings paid its lawyers and managers hundreds of millions of dollars over the last 20 months.   Read More . . .
  
  
  
• Keeping a car when filing for bankruptcy
  When consumers file for bankruptcy, many may worry that they will lose their car in the proceedings.   Read More . . .
  
  
  
• Chicago Tribune bankruptcy slowed by examiner's request
  A court-appointed examiner has asked for more time to examine the leveraged buyout of Tribune Co., the company that owns the Chicago Tribune, among other holdings. The move will delay the paper's bankruptcy proceedings.   Read More . . .
  
  
  
• U.S. corporate bankruptcies decline in first half of 2010
  Thanks to loosening credit markets and an improving economy, the number of corporate bankruptcies in the United States fell in the first six month of 2010.   Read More . . .
  
  
  
• Texas Rangers' sale cannot go through without changes
  In a new ruling, a Texas bankruptcy judge said he would not approve the sale of the Texas Rangers baseball club until creditors approve its bankruptcy plan.   Read More . . .
  
  
  
• BP's chances for bankruptcy now reasonably high
  After over a week of swearing off the thought of bankruptcy, British Petroleum might now have to face the fact that the company is in dire financial straits.   Read More . . .
  
  
  
• Homebuilder bankruptcy sends homes, lots to auction
  Four luxury model homes and another 56 lots in a Naples, Florida golf community are headed to court auction after their builder filed for bankruptcy.   Read More . . .
  
  
  
• Rangers' bankruptcy problems impacting all of major leagues
  It appears as though the Texas Rangers' bankruptcy proceedings have begun to affect other teams across the league as well.   Read More . . .
  
  
  
• Blockbuster still bent on fighting bankruptcy
  Movie rental giant Blockbuster has been facing down bankruptcy for years now, but its CEO is still convinced it will not have to throw in the towel just yet.   Read More . . .
  
  
  
• What consumers can learn from bankruptcy without filing
  Many consumers are facing a tough financial situation, and some are considering filing for bankruptcy.   Read More . . .
  
  
  
• Mortgage scams include phony bankruptcy claims
  There are, unfortunately, a number of ways for a scammer to take advantage of the tumultuous economic times and commit mortgage fraud.   Read More . . .
  
  
  
• Cincinnati-area man charged with bankruptcy fraud
  An Ohio homebuilder who was already facing decades of prison time has picked up a new charge when authorities learned that he did not reveal an option to purchase real estate during bankruptcy proceedings two years ago.   Read More . . .
  
  
  
• Sotheby's to sell off Lehman Brothers art collection
  As part of its mandated bankruptcy proceedings, a judge has allowed Lehman Brothers Holdings to hire high-end auctioneers Southeby's to sell off its huge art collection.   Read More . . .
  
  
  
• Bankruptcy dispute leads to rotten meat fiasco
  An old bankruptcy filing finally became a big problem for one Nevada neighborhood.   Read More . . .
  
  
  
• Washington Mutual planning bankruptcy with shareholders
  Washington Mutual, the parent company of the failed bank with the same name, avoided a courtroom standoff with shareholders, opting instead to plan its pending bankruptcy jointly.   Read More . . .
  
  
  
• Reality star facing bankruptcy
  Despite a new mansion and thousands of dollars spent in regular shopping sprees, one of the stars of Bravo's "The Real Housewives of New Jersey" and her husband owe creditors millions.   Read More . . .
  
  
  
• Bankruptcy claims trading nears high in May
  The trading of credit claims currently in bankruptcy fell slightly from the record highs set in April.   Read More . . .
  
  
  
• Fed official: More discipline, less oversight needed to fix economy
  One high-ranking Federal Reserve official believes that the economy needs less regulatory oversight and greater discipline in the market.   Read More . . .
  
  
  
• Orange County bankruptcy filings decline
  The number of bankruptcy filings in Orange County, California increased dramatically last month to near-record highs.   Read More . . .
  
  
  
• Lenders seeking money lost in foreclosures
  While some consumers might think that their financial troubles are finished after a foreclosure, that may no longer be the case.   Read More . . .
  
  
  
• BP bankruptcy would offer no protection from liability
  While British Petroleum recently tried to scuttle rumors that it would be forced to file for bankruptcy in the wake of the oil spill it caused in the Gulf of Mexico, the whispers persist as lawmakers push hard for liability payments.   Read More . . .
  
  
  
• Texas Rangers head back to bankruptcy court
  The Texas Rangers have been embroiled in a battle against bankruptcy for months, and now they're heading back to court to argue over more issues.   Read More . . .
  
  
  
• Bankruptcy no help for student loans
  The cost of a college education has risen significantly in the past few years, and students have, as a result, had to take out gigantic loans to help pay for it. But when they can't, there isn't much they can do.   Read More . . .
  
  
  
• It's possible to file for bankruptcy too soon
  When doing something as important as filing for bankruptcy, everything has to go smoothly.   Read More . . .
  
  
  
• Bankruptcy cases troubling attorneys
  Some consumers may see bankruptcy as a last resort, but one that can fix all their problems. Unfortunately, that simply isn't the case.   Read More . . .
  
  
  
• Virginia bankruptcy not slowing down
  Despite the recent economic recovery, it seems many consumers still have too much debt to handle.   Read More . . .
  
  
  
• Blockbuster seeking bankruptcy loan
  Those that still rent their movies from stores may soon find they have one less place to go.   Read More . . .
  
  
  
• Bankruptcy exemptions every consumer should know
  Bankruptcy law can be very nuanced and difficult to understand even for the most seasoned bankruptcy attorney. That's why it's important that consumers educate themselves before attempting to enter bankruptcy to properly protect themselves.   Read More . . .
  
  
  
• Chrysler making progress after bankruptcy
  Chrysler Group has been out of bankruptcy for exactly a year, and is telling its employees that the company has made progress.   Read More . . .
  
  
  
• Long Island facing harsh economic realities
  The business climate across the country isn't very healthy right now, and that's also true for Long Island-based companies.   Read More . . .
  
  
  
• Bankruptcy can affect divorce settlements
  Divorce can be a messy process even in the most amicable of splits, but when something as big as bankruptcy is introduced to the process, it can be even more confusing.   Read More . . .
  
  
  
• Teaching kids about finances can prevent problems later in life
  Fewer adults nationwide are able to save money as a result of the struggling economy, and it could be setting a bad example for their children.
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• Report: BP bankruptcy unlikely in wake of stock rebound
  While it will cost British Petroleum millions of dollars to clean up the oil spill that resulted from an explosion at a Gulf of Mexico oil platform nearly two months ago, rumblings of the company's pending bankruptcy now seem a bit premature.   Read More . . .
  
  
  
• St. Louis business bankruptcy climbs 20 percent in last year
  In keeping with a national trend, the number of bankruptcies among businesses in the greater St. Louis area rose sharply in the 12-month period ending in March 2010.   Read More . . .
  
  
  
• Bankruptcy filings on the rise
  While there has been a slew of good news from the economic reports that have been released in the past few weeks, there is some trouble.   Read More . . .
  
  
  
• Nation's economic stress falling
  One sign the economy may be improving is that the majority of the counties across the country are under considerably less financial stress than they were just a month ago.   Read More . . .
  
  
  
• California businessman convicted of bankruptcy fraud
  A California businessman has been convicted on three counts of bankruptcy fraud, U.S. Attorney Benjamin Wagner said.   Read More . . .
  
  
  
• Arizona bankruptcy filings continue to rise
  While the number of bankruptcy filings in the U.S. continues its steady rise, Arizona is leading the way.   Read More . . .
  
  
  
• Public trading unlikely after bankruptcy protection
  The outlook for a company to be able to be publicly traded after seeking bankruptcy protection is bleak.   Read More . . .
  
  
  
• Another financial institution files for bankruptcy protection
  Las Vegas company Community Bancorp has filed for bankruptcy protection, the Las Vegas Sun reported.   Read More . . .
  
  
  
• Teamsters outlook for finances improving
  A recent piece of legislation passed by the U.S. House of Representatives concerning pension funding has been commended by the International Brotherhood of Teamsters.   Read More . . .
  
  
  
• What to do when a business partner declares personal bankruptcy
  A number of complications can arise when a business partner declares personal bankruptcy and that can lead to some strange situations.   Read More . . .
  
  
  
• Even Texas Rangers can't avoid credit trouble
  Many consumers have struggled with maxed-out credit cards in the past. Now a Major League Baseball team is as well.   Read More . . .
  
  
  
• Some dues not protected in bankruptcy
  Bankruptcy is trying for everyone that goes through it, and for consumers, the fewer debts to be repaid the better.   Read More . . .
  
  
  
• Buffalo-area bankruptcies fall in April
  After spiking a month ago, bankruptcy filings in the greater Buffalo area have slowed considerably.   Read More . . .
  
  
  
• Bankruptcy payments can grow for many reasons
  Sometimes changes to a consumer's payments after they file for bankruptcy can pop up at unexpected times, and there are a number of reasons why.   Read More . . .
  
  
  
• Many Illinois residents may face bankruptcy
  Despite its name, an act designed to protect consumers that are trying to avoid filing for bankruptcy by settling their debt might be causing more damage to those than good.   Read More . . .
  
  
  
• Consumer bankruptcies in Amarillo on the rise
  The number of struggling industries with strong bases in the Amarillo, Texas area have had to lay off many workers, and that in turn has led to a high number of bankruptcy filings.   Read More . . .
  
  
  
• Some Tennessee debtors get free Chapter 7 bankruptcy filing assistance
  Memphis Area Legal Services, a Memphis (Tennessee) Bar Association program, provides legal services for those filing for Chapter 7 bankruptcy.   Read More . . .
  
  
  
• Orlando-area consumer bankruptcy at highest rate ever
  The entire state of Florida has been hit hard by bankruptcy in recent months, but nowhere more so than the Orlando area.   Read More . . .
  
  
  
• Bankruptcy filings fall 1 percent in April
  The national rate at which bankruptcies were filed in April declined to 145,000 from 150,000 in March, a new report said.   Read More . . .
  
  
  
• Phoenix bankruptcy filings drop, but remain high
  While the number of Phoenix-area bankruptcy filings in April did decline from the previous month, the total was still remarkably high by national standards.   Read More . . .
  
  
  
• New bankruptcy plan is filed for Washington Mutual
  One of biggest U.S. bank failures files new bankruptcy plan.   Read More . . .
  
  
  
• U.S. bankruptcy filings highest in four years
  Bankruptcy filings reach a four-year record high.   Read More . . .
  
  
  
• Bankruptcy judge rules against bank shareholders
  On Wednesday, a bankruptcy judge in Delaware ruled against Washington Mutual shareholders trying to ignite a new investigation into the bank's demise.   Read More . . .
  
  
  
• Financial success defined as being debt-free
  More than one-third of Americans associate being financially successful with having no debt, according to a TD Ameritrade survey. The number of Americans that have found themselves in debt since the economic downturn has greatly increased, as has the percentage for those filing for bankruptcy.   Read More . . .
  
  
  
• Americans as concerned about uninsured medical costs as retirement
  The economy may be showing signs of recovery, but Americans are still acutely concerned about their financial situations.   Read More . . .
  
  
  
• Chase will host foreclosure prevention events in eight cities
  Chase Bank has announced it will host multi-day events in eight cities to help Americans avoid foreclosure. Chase currently has 51 Homeowner Centers in the U.S.
  
    Read More . . .
  
  
  
• Economic recovery won't stop bankruptcy filings
  While the economic downturn caused the number of people filing bankruptcy to rise, its recovery won't necessarily lead to a drastic reduction.   Read More . . .
  
  
  
• Consumer campaign to help avoid bankruptcy
  The number of Americans in debt rose dramatically over the last three years during the economic downturn, and now they are looking for help to get back on track financially.   Read More . . .
  
  
  
• Individual and business bankruptcy filings decline 4 percent in April
  A new report shows that the number of individuals and businesses filing bankruptcy declined in April, according to Bloomberg.
  
    Read More . . .
  
  
  

These articles are all written by BankruptcyHome.com's great editors and contributors. If you would like to write articles for BankruptcyHome.com, please email editor[at]bankruptcyhome.com.

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