Skip to content

Tag Archives: what is bankruptcy

Bankruptcies in Texas

Close to a 100% increase year over year in Brownsville:
At the McAllen office of the U.S. Bankruptcy Court of the Southern District of Texas, 670 business and individuals filed for bankruptcy – a nearly 99 percent increase from 2007.
http://www.brownsvilleherald.com/news/filings_93548___article.html/area_mcallen.html

Bankruptcy and Debt Carnival #17- Online Now.

Welcome To The 17th Bankruptcy & Debt Carnival!

Dec. 29th, 2008- Happy Holidays!

*Blogs presented according to subject*
Bankruptcy
Mr Credit Card presents How To Get A Home Loan After Bankruptcy posted at Ask Mr Credit Card.
Credit Cards
Silicon Valley Blogger presents Applying For A Credit Card? Review The Credit Card Bill of Rights posted at The Digerati Life, saying, [...]

What Is Bankruptcy

What is bankruptcy?
According to Wikipedia…
Bankruptcy is a legally declared inability or impairment of ability of an individual or organizations to pay their creditors. Creditors may file a bankruptcy petition against a debtor (”involuntary bankruptcy”) in an effort to recoup a portion of what they are owed….
en.wikipedia.org/wiki/Bankruptcy
and according to Findlaw.com:
Bankruptcy is a federal court process designed [...]