Through a unilateral bankruptcy filing, a president and manager of a limited liability ... In this case, the issue was ...

Credit card debt has been increasing nationwide, with the total amount owed now sitting at $1.14 trillion. For the average person, this translates to a credit card balance of about $8,000, an amount ...

When a petition for bankruptcy has been filed in court, creditors receive a notice and can object if they choose to do so. If they do, they will need to file a ... as long as you continue making ...

According to the company, which laid its primary focus on 'American Cuisine', financial challenges drove the company to take this decision ... new cycle on account of bankruptcy, TGI Fridays ...

THE decision by TGI Fridays to file for bankruptcy ... restaurant chain filed for bankruptcy protection yesterday, saying it is looking for ways to “ensure the long-term viability” of the ...

However, this does not influence ... While a bankruptcy filing stays on your credit report for up to 10 years, you can use the opportunity to make a fresh start and take immediate steps to begin ...

A typical receivership order does not ... a cooperative bankruptcy filing, a lender/mortgagee (or other creditors or interest holders) can ask a court to appoint a receiver to take control of ...

While there are six types of bankruptcies, individuals who file for bankruptcy ... last so long. Bankruptcy will severely impact your credit score and it will take a while to rebuild your finances ...

No one really wanted to be there, they hadn't planned on filing bankruptcy ... does not reduce the amount you owe. That is why this is usually not a great solution. Second, you can simply take ...

An automatic stay prevents creditors from pursuing collections against you during bankruptcy. Both Chapter 7 and Chapter 13 ...

Hardware wholesaler True Value has filed for Chapter 11 bankruptcy amid plans ... process with an agreed offer from Do it Best, who has a similar decades-long history in the home improvement ...

"We believe that entering the process with an agreed offer from Do it Best, who has a similar decades-long ... This file photo shows a True Value hardware store in East Rochester. Bankruptcy ...