Companies that look to restructure following major setbacks or debt problems often turn to bankruptcy filings and proceedings to help with debt relief or to provide the time needed to reinvent the organization. This restructuring can affect things as critical as a...
Month: September 2012
Designer bounces from bankruptcy to the runway
Filing for bankruptcy is a difficult undertaking for many people. In this economy, however, many families are looking for any kind of debt relief. Although the bankruptcy process may be upsetting, there is hope after a bankruptcy is discharged. Designer Betsey Johnson...
Debt collector got it wrong, court rules
There are few things more tenacious that an unpaid student loan. The U.S. Department of Education pulls out all the stops to collect from borrowers who default on loans that it guarantees. People who file for bankruptcy often discover those loans are still hanging...