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So far chr_dev has created 147 blog entries.

Drowning In Medical Debt? Know Your Rights In Collections

2022-01-27T15:46:29+00:00July 10th, 2013|

As we discussed in our last post, more Americans file for consumer bankruptcy over insurmountable medical bills than any other reason. Of course, many people who can’t afford to pay their medical bills don’t end up filing for bankruptcy, which means there are [...]

Medical Bills The Leading Cause Of U.S. Consumer Bankruptcies

2021-03-11T21:59:09+00:00June 27th, 2013|

According to a recent study by NerdWallet Health, the leading cause of consumer bankruptcy filings in the U.S. is not credit card debt or mortgages, but rather health care bills. In fact, an estimated two million people in the U.S. will file [...]

Report: Payday Loans Triggered $169 Million In Chapter 13 Filings

2022-01-27T15:35:17+00:00May 6th, 2013|

Using public data from the Consumer Financial Protection Bureau, a recent report by the Insight Center for Community Economic Development determined that the high fees and harsh contract terms for payday loans pushed so many people into Chapter 13 bankruptcy in 2011 [...]

American-US Airways Bankruptcy Merger Approved, $20 Mln Bonus Not

2020-02-03T13:30:07+00:00April 18th, 2013|

American Airlines’ parent company AMR Corporation filed for Chapter 11 bankruptcy in late 2011 in the hopes of reorganizing its debts, ditching some obligations, and putting itself in a strong position for future profitability. Last year, US Airways Group, Inc., [...]

U.S. Trustees Forced To Stop Auditing Personal Bankruptcy Cases

2021-03-11T21:58:09+00:00April 8th, 2013|

The Great Recession, or perhaps the federal sequester, has forced the U.S. Trustee Program to indefinitely suspend the audits it is required to perform on Chapter 7 and Chapter 13 personal bankruptcy cases. The audits are required by the 2005 bankruptcy reform [...]

Can Chapter 7 Bankruptcy Court Force Anthony To Sell Life Story?

2020-02-03T13:54:40+00:00March 25th, 2013|

In January Casey Anthony, the woman who was charged and then acquitted of killing her 2-year-old child, filed for Chapter 7 bankruptcy. She owes some $500,000 in legal fees, along with other debts that bring her total liabilities to about $792,000. [...]

Chapter 11 Court To Determine Fate Of The Grand Canyon Skywalk

2020-02-03T13:19:46+00:00March 11th, 2013|

One of the most exciting parts of visiting the Grand Canyon was opened to the public only five years ago. The Grand Canyon Skywalk, which opened in 2007, is a fantastic, U-shaped walkway that allows visitors to walk directly out [...]

Survey: No Increase In Big Chapter 11 Bankruptcies Likely In 2013

2021-03-11T21:57:37+00:00February 26th, 2013|

Corporate restructuring professionals — who provide non-legal services in corporate restructuring, turnaround management, and bankruptcy reorganization to mid- and large-size companies — can be an amusing and optimistic bunch. A survey of about 100 restructuring professionals was just released, checking [...]

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