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Bankruptcy Laws

 
by Srikanth Radhakrishna
What is Bankruptcy?: People without money usually use the phrase "gone bankrupt".  Bankruptcy is "legally declared" inability of an individual or a business to pay creditors.  Usually bankruptcy is initiated by the debtor.  In some ca... More>
by D. Vogt
Business bankruptcy laws vary by jurisdiction, and are also significantly different from personal bankruptcy laws. In the United States, however, corporate bankruptcy generally comes in one of two forms: a so-called "Chapter 7" filing in which the r... More>
by JQ Adams
The common view on bankruptcy is that it's a way for someone who's down on their luck to get a fresh start financially and that would be fine if that's all it was. Unfortunately many Americans are using bankruptcy as a get out of jail free card when... More>
by Connie Earl Robertson
With the loss of jobs and the economic condition, many individuals and families are being forced to consider bankruptcy. Their income no longer meets the bills they have to pay and allow them to put food on the table for their family. What are the p... More>
by Sue A. Sponte
Personal bankruptcy laws in Maine, just as in all states, are contained in the United States Bankruptcy code.  The Constitution gives Congress the power to establish "uniform" laws of bankruptcy so that the same standards apply to debtors in al... More>
by David Goodwyne
Bankruptcy and insolvency can have a big impact not just to those directly affected, but also to those they deal with. Businesses are no different can be just as affected by bankruptcy and insolvency laws. This article intends to address some of the... More>
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