Category Archives: Chapter 11


A Guide to the Different Chapters of Bankruptcy

If you’re on the verge, or even just considering the concept of filing for bankruptcy, understanding your options is an important step. People commonly hear about Chapter 7 or Chapter 11, but may not know the difference. The truth is the Bankruptcy Code allows for five different types of bankruptcy and understanding the difference between……
Read More

Hulk Hogan Argues against Gawker’s Bankruptcy Shield for Company CEO

The bankruptcy proceedings involving online media purveyor Gawker Media took an interesting turn recently when one of the company’s creditors objected that the Chapter 11 bankruptcy was being improperly used as a shield from personal liability by the Gawker CEO. The creditor who raised the objection is none other than Hulk Hogan, the former professional……
Read More

Bankruptcy – It Can Happen to Anyone; Just Ask the NFL

In a statistic that proves that bankruptcy can happen to everyone, the National Bureau of Economic Research reports that a startling number of retired football players have filed for bankruptcy protection in recent years. Poor money management, over-extended debts and legal issues have forced 15.7 percent of all retired players into bankruptcy after 12 years…….
Read More

Getting a Mortgage after Bankruptcy: The Letter that May Make the Difference

Since filing for bankruptcy protection may shave more than 200 points off your credit score (more if your house was foreclosed on!), it stands to reason that you may not be the picture of a good risk when applying for a mortgage. However, that doesn’t mean you can’t get a loan approved; a good letter……
Read More

Know Your Rights: Fair Debt Collection Practices Act

You applied to a loan or a line of credit and, based on your credit score and past payment history, the lender took a chance on you. Since then, your financial world has collapsed. Perhaps you lost your job or got into a car accident and now have mounting medical bills. It doesn’t matter why……
Read More