Clients may need long range advice to avoid financial difficulty and prevent further bankruptcies
Lawmakers should take some responsibility for recent airline bankruptcies
and eliminate government pension guarantees, according to a Wall Street Journal editorial.
The most common ailments that led to bankruptcies
were cardio vascular diseases, such as high blood pressure, stroke and heart attack, and orthopedic problems, often from accidents.
Thus, quantity of claims, not their underlying merit, has become a driver in asbestos bankruptcies
Manufacturing witnessed the greatest sector improvement, Teikoku found, with the number of bankruptcies
falling to 811, 23.
The bankruptcy court can invoke its jurisdiction in equity to insure things are done which need to be done for the proper administration of bankruptcies
A breakdown of nonbusiness filings in the district for all types of bankruptcies
for the second quarter shows there were 23,965 personal filings, a 17.
Nearly half of all bankruptcies
in the United States are the result of medical debt.
The difference between Chapter 7 and Chapter 13 bankruptcies
, Harpers explains, is that in Chapter 13 you can have some debt that is exempt from liquidation such as a mortgaged home or a financed car, which is considered secured debt.
Certain proposed provisions could affect bankruptcies
which involve single asset real estate owners -- such as corporations or partnerships established for the purpose of owning an asset such as a building or shopping center.
It also compares bankruptcy filing rates against unemployment rates in each location in a search to correlate bankruptcies
and economic hardship.
Mark Thomas also concentrates his national practice in corporate bankruptcies
, workouts and restructurings for secured lenders, syndicated loan agents, debtors and borrowers, involving both public and private companies.
Although bankruptcy is under federal law, states can define the property exemptions for bankruptcies
declared within their boundaries.
The rise in bankruptcies
comes at a time when California has recovered from the 1991-94 recession with an economic performance outpacing the nation's.
Indeed, the total number of bankruptcies
was 252,733 compared with 230,723 for the same period last year.