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July 20, 2010
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Bankruptcy News

 

Safeguards in Place on Tax and Personal Information

Attorney General Advocates Pay Raise for Federal Judges

Eighth Circuit Court of Appeals Finds that the U.S. Commodity Futures Trading Commission Properly Pursued Charges Against NRG Energy, Inc. in Minnesota District Court

U.S. Bankruptcy Court Approves SGI's Disclosure Statement For Voting Purposes

Bankruptcy Filings Rose In March 2006 12-Month Period

Medical Costs Contribute To Fewer Than One In Five Bankruptcies

Bankruptcy Filings Rose in March 2006

U.S. Trustee Program Announces Stipulated Agreement

In Pennsylvania, U.S. Labor Department Sues Owner Of Company Gone Bankrupt

President Signs Bankruptcy Abuse Prevention, Consumer Protection Act

New Bankruptcy Law 2005

U.S. Bankruptcy Court Declines GM Plea to Halt Delphi Hearing

Delaware Bankruptcy Court's Grants New Hampshire's Request for $100,000 to Pay Accrued

CFA, ATTORNEYS: CONGRESS SHOULD GIVE KATRINA VICTIMS FINANICAL

New Bankruptcy Law Requires Credit Counseling Before Filing

Bankruptcy Abuse Prevention And Consumer Protection Act Of 2005

Undergo Credit Counseling Before Filing For Bankruptcy

Accountant Means Accountant Authorized Under Applicable Law To Practice Public Accounting

Definitions Accountant Continue On Page...2

Applicability Of Chapters

The Honorable Jed Rakoff Approves Settlement of SEC'S Claim for a Civil Penalty Against Worldcom

Senate Passes Schumer Amendment To Bankruptcy Bill To Crack Down On Predatory Loans

Representative Adam Smith Will Support Bankruptcy Reform

SEC Files Supplement to Proposed Worldcom Penalty Settlement; Proposal Subject to District and Bankruptcy Court Review and Approval

Three Indicted For Bankruptcy Fraud, Impeding The Fdic's Operations

Customers of Enron-related REPs Protected Safeguards Approved for 13,500 non-residential Customers

FTC Announces Settlement With Bankrupt Website, Toysmart.com, Regarding Alleged Privacy Policy Violations

SEC Charges Scott D. Sullivan, WorldCom’s Former Chief Financial Officer, with Engaging in Multi-Billion Dollar Financial Fraud

U.S. Trustee Program Launches Bankruptcy Civil Enforcement Initiative

Corporate Bankruptcy

Total Bankruptcy Filings Down

Personal Bankruptcy Filings Doubled In Last Decade As Consumer Debt Reached Record Levels

Civil Enforcement Coordinators Appointed For U.S. Trustee Program

Bankruptcy Filings Continue to Increase,Records Broken for Total Filings and Non-Business Filings 2003

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Did You Know?    
 
 
Special purpose entities in bankruptcy can be used
A business, usually a special-purpose entity, established to perform limited functions and to have one or a few primary creditors. This type of entity is sometimes established to protect lenders on large, complex projects, when the lender is to be paid solely or almost exclusively out of the money generated when the project becomes operational.

 


  Newsroom  
 


News about Bankruptcy in Wisconsin and nationwide:

U.S. Bankruptcy Court Approves SGI's Disclosure Statement For Voting Purposes
MOUNTAIN VIEW, Calif.— Silicon Graphics (OTC: SGID) announced today that its Disclosure Statement has been approved by the U.S. Bankruptcy Court fo...
Read more >


New Bankruptcy Law 2005
Beginning on October 17, 2005, most individual debtors filing for bankruptcy relief were required to complete either Official Bankruptcy Form B22A ...
Read more >


SEC Files Supplement to Proposed Worldcom Penalty Settlement; Proposal Subject to District and Bankruptcy Court Review and Approval
The Securities and Exchange Commission today filed documents modifying the proposed settlement of its claim for a civil penal...
Read more >


More Bankruptcy News >

 
 

Bankruptcy Terms

 


Today's Terms

Straight bankruptcy

Definition:
An informal term for a Chapter 7 bankruptcy or liquidation; used more commonly to describe liquidation before the Bankruptcy Reform Act of 1978.

Reorganization

Definition:
The resolving of a Chapter 11 bankruptcy by the emergence of the debtor as a viable business. Generally, the company agrees with creditors on a plan for payment of their claims (plan of reorganization) and emerges from Chapter 11 after the plan is confirmed by the court.

Automatic stay

Definition:
The suspension of actions, such as debt collection or foreclosure, against the company in bankruptcy. Occurs automatically when the bankruptcy petition is filed.

More Bankruptcy Terms >

Bankruptcy Resources

 


Search Bankruptcy resources in our resource center:

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Bankruptcy Hot Topics

 
Topics Related to Bankruptcy:

  • Chapter 7
  • Chapter 13
  • Chapter 11
  • Chapter 12
  • Chapter 9

More Bankruptcy Topics >


Wisconsin Bankruptcy Attorney

 
If you live in the following cities and need a Bankruptcy attorney you should contact our Bankruptcy Attorney as soon as possible:

  • Appleton
  • Beloit
  • Burlington
  • Chippewa Falls
  • De Pere
  • Eau Claire
  • Fond Du Lac
  • Franklin
  • Green Bay
  • Janesville
  • Kenosha
  • La Crosse
  • Madison
  • Manitowoc
  • Marshfield
  • Menomonee Falls
  • Milwaukee
  • Neenah
  • New Berlin
  • Oak Creek
  • Oconomowoc
  • Oshkosh
  • Racine
  • Sheboygan
  • Stevens Point
  • Sun Prairie
  • Superior
  • Waukesha
  • Wausau
  • West Bend
  • Wisconsin Rapids
 


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