How Have the New Laws Changed the Bankruptcy Filing Process?

November 4, 2010 No comments yet

The decision to declare personal bankruptcy is not always easy to make. As it may affect not merely your lifestyle but that of your family, it’s essential to be sure you’re opting for the correct kind of bankruptcy, at the right time. Because of the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005, several […]

Commonly Asked Massachusetts Bankruptcy Questions

June 28, 2010 No comments yet

What Exactly Is Chapter 7 Bankruptcy? Chapter 7 bankruptcy, sometimes known as a straight bankruptcy, is a liquidation proceeding. The debtor relinquishes all non-exempt assets to the bankruptcy trustee who then converts it to money for distribution to the collectors. The consumer receives a release of all dischargeable financial obligations typically within four months. In […]

Is Bankruptcy The Right Choice For You?

June 3, 2010 No comments yet

In the fall of 2009 the American Bankruptcy Institute (ABI) reported that more than 140,000 people in the United States filed bankruptcy in October, a 27.9% increase from the October 2008 filings (“just” 106,266 consumer bankruptcy filings occurred in October 2008). If you feel you are struggling financially and your family will become one of […]

The Importance Of Hiring A Massahcusetts Bankruptcy Lawyer

April 28, 2010 No comments yet

f you are planning to file bankruptcy, Massachusetts Bankruptcy lawyers can help you to have the best possible results. Although it sometimes gets a bad name, bankruptcy exists to protect individuals as well as businesses who have had the unexpected happen. A Massachusetts bankruptcy attorney understands the laws and will fight to get the best […]

Discharge Student Loans in Massachusetts Bankruptcy?…..YUP!!!

April 26, 2010 No comments yet

Current Bankruptcy law prevents debtors/clients from discharging any student loans except in cases of EXTREME hardship. Well things are changing! Democrats Introduce Legislation to Make Private Student Loans Dischargeable in Bankruptcy Democratic lawmakers introduced legislation yesterday that would allow private student loan borrowers to once again discharge their private student loans in bankruptcy. Since 2005, […]

Hiring A Bankruptcy Lawyer In Massachusetts

April 21, 2010 No comments yet

If you are unable to meet your monthly debt repayments, if your credit card statements are simply getting more and more in arrears and your medical bills remain unpaid for months on end, you might have only one alternative: file for bankruptcy. If you live in Massachusetts, contacting bankruptcy lawyer, Matthew Desrochers, is a great […]

6 Common Misconceptions About Massachusetts Bankruptcy

April 18, 2010 No comments yet

In today economic climate many people are turning to the U.S. Bankruptcy Code and attorneys for assistance. The Law Offices of Matthew T. Desrochers, P.C. has helped many clients overcome their financial difficulties and WE CAN HELP YOU. When I meet with clients I often have to demystify common misconceptions of bankruptcy. I have attached […]

Massachusetts Chapter 7 Bankruptcy Update: Changes To The Median Income For Means Test

April 15, 2010 1 comment

On March 15, 2010 the U.S. Census Bureau changed their Median Family Income figures. This will effect anyone filing for Massachusetts Chapter 7 bankruptcy after March 15, 2010. The new Median Family Income figures will be used for the Means Test to determine eligibility for Chapter 7 bankruptcy. What is the Chapter 7 Means Test? […]

Xerium Technologies Files For Pre-packaged Bankruptcy – Update – RTT News

March 30, 2010 Comments Off on Xerium Technologies Files For Pre-packaged Bankruptcy – Update – RTT News

Xerium Technologies Files For Pre-packaged Bankruptcy – Update
RTT News
The company would implement a pre-packaged reorganization plan under Chapter 11 of the US Bankruptcy Code in the Bankruptcy Court for the District of
Xerium files "pre-packaged" bankruptcyReuters
Xerium files for bankruptcyNews & Observer
The Daily Docket: Lehman Wants Claims CutWall Street Journal (blog)
MarketWatch (press release)
all 25 news articles »

NXP’s Junk Debt Soars 16.5 Times as Bankruptcy Concern Subsides – BusinessWeek

March 30, 2010 Comments Off on NXP’s Junk Debt Soars 16.5 Times as Bankruptcy Concern Subsides – BusinessWeek

NXP's Junk Debt Soars 16.5 Times as Bankruptcy Concern Subsides
worst recession since the 1930s, has soared as bankruptcy concerns have faded, said Ping Zhao, debt-research analyst at CreditSights Inc. in New York.

and more »

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