Automotive giant General Motors (GM) recently filed for bankruptcy and the company has announced plans to lay off workers and close plants. Many people know that when an individual files for ...

This blog entry will be the first in a new, ongoing series of entries in the “Bankruptcy Protector” that will attempt to familiarize new attorneys and non-bankruptcy practitioners with the basic ...

This entry is part of Nelson Mullins’s ongoing “Bankruptcy Basics” blog series that is intended to address foundational aspects of bankruptcy for new and non-bankruptcy practitioners and professionals ...

Most non-bankruptcy lawyers are intimidated by the bankruptcy process. References to Bankruptcy Code sections as a shorthand for describing issues and solutions can cause confusion and anxiety; the ...

Bankruptcy 101 has just expanded its educational platform to include specialized resources for those needing to understand bankruptcy processes in U.S. Territories. As part of its mission to offer ...

Tess Vigeland: Dave is far from alone in facing the possibility of bankruptcy. As we already mentioned, the statistics are growing. More than 91,000 people filed for it just last month. The American ...

We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...

The bankruptcy filing by Alpha Natural Resources Inc. last week was the coal industry’s biggest yet. It won’t likely be the last. The bankruptcy filing by Alpha Natural Resources Inc. last week was ...

You are able to gift 5 more articles this month. Anyone can access the link you share with no account required. Learn more. Times are tough, and most people are looking for ways to make a little extra ...

As popular as bankruptcy is today, it’s nothing new, going at least all the way back to the Bible’s Book of Deuteronomy, which simply states: “At the end of every seven years you must cancel debts.” ...