Bankruptcy Blog

Chapter 11 Bankruptcy FAQs (Pt. 1)

September 19, 2014

In the wake of our recent blog on Trump Entertainment Resorts filing for Chapter 11 bankruptcy, we thought it would be a good time to answer some commonly asked questions about this type of bankruptcy, which is usually pursued by businesses. While the responses and information provided in this blog series are helpful, don’t hesitate…
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Trump Plaza Casino Closes as Trump Entertainment Resorts Files Chapter 11

September 16, 2014

This past week, Trump Entertainment Resorts filed for Chapter 11 bankruptcy in Delaware, claiming to have upwards of $100 million in liabilities. While the company’s Trump Plaza casino in Atlantic City closed its doors for the last time just days ago, executives at Trump Entertainment Resorts have stated that the doors of its Taj Mahal…
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How to Prioritize Your Debt: 5 Tips to Keep in Mind (Pt. 3)

September 12, 2014

Wrapping up our blog series How to Prioritize Your Debt: 5 Tips to Keep in Mind (Pt. 1), below we will provide discuss some final tips to remember as you rank your debt from highest to lowest priority to pay off. How to Prioritize Your Debt: Final Issues to Remember Tip 4 – Moderate to…
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How to Prioritize Your Debt: 5 Tips to Keep in Mind (Pt. 2)

September 8, 2014

Picking up from where we left off in How to Prioritize Your Debt: 5 Tips to Keep in Mind (Pt. 1), below we will continue pointing out some more important factors to remember as you prioritize your debt and get your finances in order. More Tips to Help You Prioritize Your Debt Tip 2 –…
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How to Prioritize Your Debt: 5 Tips to Keep in Mind (Pt. 1)

September 3, 2014

Not all debt is created equal, as some debt will be more important than other types of debt to pay off first. Being aware of what debt may be a higher priority to pay before other debt can be critical to saving money and limiting other stresses as you get your finances in order and…
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Complaints against Debt Collectors on the Rise, Report Reveals

August 31, 2014

More consumers are filing complaints against debt collectors for their allegedly harassing and abusive tactics, according to the findings of a recent report published by the Consumer Financial Protection Bureau (CFPB). As this 2014 report found: From July through December 2013, the CFPB handled more than 30,000 complaints against debt collectors. Throughout 2013, the Federal…
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6 Most Common Bankruptcy Mistakes to Avoid (Pt. 3)

August 27, 2014

Wrapping up our blog series 6 Most Common Bankruptcy Mistakes to Avoid, below we will discuss some final common missteps people should avoid making when filing for bankruptcy in order to ensure that their petition is approved and successfully discharges their debt. Additional Bankruptcy Mistakes that Could Hurt Your Case Mistake 5 – Failing to…
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6 Most Common Bankruptcy Mistakes to Avoid (Pt. 2)  

August 23, 2014

Picking up from where 6 Most Common Bankruptcy Mistakes to Avoid (Pt. 1) left off, here we will continue to highlight some of the more missteps and mistakes people make when filing for bankruptcy. More Bankruptcy Mistakes to Sidestep… Mistake 3 – Failing to disclose all assets in the bankruptcy petition. Once a person has…
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6 Most Common Bankruptcy Mistakes to Avoid (Pt. 1)

August 19, 2014

Filing for bankruptcy can provide a much-needed relief from serious debt for many people. However, in order to enjoy this financial fresh start, people will have to first successfully file for bankruptcy and make their way through the court process. As with other legal processes, filing for bankruptcy has some very specific requirements, and certain…
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Bankruptcy & Divorce in Colorado: 6 Things to Consider (Pt. 3)

August 15, 2014

Here is the conclusion to our blog series Bankruptcy and Divorce in Colorado: 6 Things to Consider. Some More Factors to Consider with Bankruptcy and Divorce 4. Whether the Separating Couple Can Work Together Because money troubles and debt are often the source of acrimony and anger between marital partners, when the couple’s financial issues…
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