Chapter 13 Bankruptcy News
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Bankruptcy can dismiss debts, or help debtors reorganize their finances
In the simplest terms, bankruptcy occurs when an individual or a business can no longer afford to pay their bills and may ask the courts to dismiss their obligation to pay their debts. Read More . . .
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Rhode Island councilman files for Chapter 13 bankruptcy protection
A Providence, Rhode Island, councilman has filed for protection under Chapter 13 bankruptcy law in an effort to restructure his and his wife's debts and their mortgage. Read More . . .
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Former Virginia lawmaker gets Chapter 13 bankruptcy case dismissed
Phil Hamilton, a former Virginia lawmaker, recently had his Chapter 13 reorganization plan rejected and now his case for protection under bankruptcy law has been dismissed after failing to revise the repayment plan. Read More . . .
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Hall of fame punter to auction off Super Bowl rings in wake of Chapter 13 bankruptcy filing
Former NFL punter Ray Guy recently filed for protection under Chapter 13 bankruptcy law and now is selling the three rings he accrued as member of the Los Angeles and Oakland Raiders Super Bowl teams. Read More . . .
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Annual seminar for bankruptcy attorneys to offer courses, counseling services
Bankruptcy attorneys attending the 44th Annual Seminar of the National Association of Chapter 13 Trustees will get a firsthand experience in educational courses and housing counseling services. Read More . . .
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Former Virginia lawmaker's Chapter 13 Bankruptcy plan rejected by court
Phil Hamilton, a former Virginia lawmaker, and his wife, filed for Chapter 13 Bankruptcy in February but their proposed repayment plan has been rejected by Bankruptcy Judge Frank Santoro. Read More . . .
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Former Virginia delegate files for Chapter 13
A former delegate from Virginia and his wife recently filed for bankruptcy protection. Read More . . .
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Utah bankruptcy filings rise
Nearly 18,000 residents in Utah filed for personal bankruptcy in 2010, bringing the state up to No. 9 in the national rankings among states with the highest number of protective filings per capita. Read More . . .
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County commissioner files for Chapter 13 bankruptcy
This week, Craig Lutz, Hall County, Georgia's commissioner, filed for bankruptcy, only a few months after leaving his job at AT&T to take his elected position. Read More . . .
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New Hampshire bankruptcy filings fall in January
After experiencing a record number of bankruptcies at the beginning of 2010, New Hampshire saw the number of consumers seeking protective filings decline in January. Read More . . .
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Rochester area bankruptcy filings fall in January
Bankruptcy filings in one area of New York continued their downward trend at the start of January, showing a nearly 20 percent decline when compared to figures from last year. Read More . . .
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New bankruptcy cases fall in Hawaii
The number of Hawaii residents seeking bankruptcy protection fell during the first month of the new year, indicating the state may soon be in for a financial turnaround. Read More . . .
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Minnesota residents increase bankruptcy filings in 2010
Over the past few years, millions of Americans have suffered from debt and unemployment. As a result, many states have seen increases in the number of personal bankruptcy filings they processed in 2010. Read More . . .
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Bankruptcy numbers rise in Massachusetts
The number of state residents filing for Chapter 7 bankruptcy in Massachusetts rose by 8.5 percent in 2010, as more than 17,000 filed for protection during the year. Read More . . .
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Bankruptcy could halt foreclosure
Across the nation, millions of Americans are suffering from financial turmoil and may be considering filing for bankruptcy as a means to halt calls from creditors and stay in their homes. Read More . . .
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Consumers can keep cars with Chapter 13 bankruptcy
Since the onset of the economic downturn, many Americans have faced financial uncertainty and the threat of bankruptcy. Read More . . .
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Bankruptcy filing may not affect spouse's credit
Across the country, many Americans are struggling with big financial decisions such as whether to file for foreclosure or bankruptcy. Read More . . .
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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 . . .
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Los Angeles, Jacksonville lead nation in bankruptcy filings
The federal court districts that include Los Angeles, California and Jacksonville, Florida experienced the highest number of bankruptcy filings during 2010. Read More . . .
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Personal bankruptcies remain high in upstate New York
After rising over the last few years, bankruptcy filings in upstate New York reached a plateau in 2010, leading many to make positive predictions about the future finances of the region's residents. Read More . . .
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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 . . .
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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 . . .
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Hawaii bankruptcies reach highest point in five years
Despite a recent surge in tourism for the islands, and a recovery in its housing market, Hawaii's economy is still showing many negative effects of the recession. Read More . . .
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Bankruptcy may not mean financial ruin
As a result of the recent economic downturn, many people have been forced to file for Chapter 7 or 13 bankruptcy in order to stave off their creditors. Read More . . .
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Personal bankruptcy filings slow nationally
The recent surge in Chapter 7 and Chapter 13 bankruptcy filings slowed in November, but remained at near post-recession highs. Read More . . .
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Ohio region sees personal bankruptcy decline
Mirroring recent national trends, northwest Ohio saw a sharp decrease in personal bankruptcies. Read More . . .
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Residents of Southern Florida decrease bankruptcy filings
Personal bankruptcy filings by South Florida residents dropped for the third month in a row in November. Read More . . .
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Central Florida sees rise in bankruptcy
Residents of the Sunshine State are making the trip to bankruptcy court in increasing numbers, according to new statistics. Read More . . .
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Bankruptcies reaching pre-BAPCPA levels
Since the beginning of the recession, personal bankruptcies have been occurring with increasing frequency, however a new report suggests that the figures may be reaching alarming highs. Read More . . .
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Western New York sees decline in August bankruptcy filings
The total number of bankruptcy cases claimed in both the Buffalo and Rochester, New York, areas declined in August. Read More . . .
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Chicago bankruptcies continue to climb
Despite an increase in both the number of protection laws the government passed for consumers and the cost of filing, the rate of bankruptcy in the greater Chicago area skyrocketed in recent years. Read More . . .
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Oklahoma bankruptcies well below national average
While bankruptcy filings in several parts of the country remain at historically high levels, much of the Midwest has been able to keep case levels low. Read More . . .
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Disproportionate number of baby boomers file for bankrutpcy
A surprising amount of baby boomers have been forced to file for bankruptcy in recent months. Read More . . .
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Georgia bankruptcy rates drop
While Georgia is among the national leaders for bankruptcy rates, that trend might be reversing itself. Read More . . .
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Rapper files for Chapter 13 bankruptcy
A hip-hop artist was forced to file for bankruptcy after the Internal Revenue Service raided his Tennessee home. Read More . . .
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Bankruptcy filings fell in August
After remaining flat in July, the national rate of bankruptcy filings continued to drop again in August. 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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