5 Signs You Need A New Job Now

5 Warning Signs You May NEED a New Job NOW!  I worked for corporate America a long time. It's not the same place our parents worked. No more 30 years with the same company, a pension and a gold watch upon...

Types of Bankruptcy

Once you have made the decision to file bankruptcy, you must then decide which sort of bankruptcy is right for your circumstances. There are four forms of bankruptcies available: Chapter 7, Chapter 11,...

Business Bankruptcy News Bulletin

  BUSINESS BANKRUPTCY NEWS BULLETIN (a weekly review of the nation’s bankrupt companies)     Bankruptcy Notes and News   California’s Municipalities Could Face Bankruptcy Filing...

Chrysler Enters Bankruptcy

What will happen now as Chrylser enters chapter 11 bankruptcy? The company failed to come up with an acceptable restructuring plan for more federal assistance and instead decided to file chapter 11...

America's Way To An Excellent Credit Score!

Bankruptcy Myths and Truths

Myths about filing bankruptcy are  prevalent today especially in the light of the major automaker Chrysler filing Chapter 11 in federal court.  The company would not come up the the 3.6 billion it  owed...

Chapter 11 New York Style

Chapter 11 is the part of the United States Bankruptcy Code which permits reorganization under US bankruptcy laws, and for businesses in New York a local attorney should be retained to manage the process.

Bankruptcy In The Airline Industry ATA, Aloha, and Now Skybus

ATA, Aloha Airlines and next Champion Airlines, filing bankruptcy. What does this really all mean? The "Big Guy" sticks it to the "Little Guy" once again.

Overview of Bankruptcy

Bankruptcy is a legally enforced situation where the debtor, be it an individual or an organization, fails to pay his creditors. It is the last opportunity for many to start all over again, financially....

Another take over...part two

As I was just putting my last article to bed last night, I awoke this morning to only read about another big conglomerate applying for protection. This time, it is in my own back yard. Canadian owned company,...