ABI Blog Exchange

The lowdown on buying and selling silver

There are many ways to invest in silver. Before buying, determine the best method for you.

Homeless woman looks to keep car using bankruptcy

When you are living with your children in a car, the last thing you want is to lose it to the bank.

Business Bankruptcy Options

It is a sad day for owners and shareholders when a business faces the decision to file for bankruptcy. Unfortunately, many businesses around the country have experienced financial pressures in the wake of a turbulent economy that have resulted in

What Does A Credit Counselor Do?

Credit counseling is required for anyone seeking bankruptcy protection, but it can be very valuable to anyone with debt. Credit counseling agencies offer a variety of services including debt negotiation and debtor education. Whether you are looking

Winterize Your Money

As the seasons change it reminds us that winter is just around the corner and, with it, the holidays. Many people are preparing their homes for the cold temperatures and stocking up on must have holiday items, but most people haven’t begun to think

Think Twice About Payday Loans

Look around you, nearly every corner or street has at least one payday loan company in operation. Many people are drawn to the fast and each cash offered by these companies. So why, if they are so popular and located on every street, are they a bad

Borders Assets Not Up For Grabs

Earlier this year, the nation’s second largest bookstore chain filed for bankruptcy. After much negotiation, Borders was bought out by Barnes & Noble in a bankruptcy auction. Barnes & Noble stood to inherit all of the remaining Borders assets

Renting After Bankruptcy

Many people worry about what life will be like after they file for bankruptcy. Luckily, there isn’t much to worry about because bankruptcy laws prevent discriminatory action based on a filing status. Most people find that their life after bankruptcy

Bankruptcy Myths # 1: I will Lose My Assets

It isn’t uncommon to hear people say they fear losing all of their assets when filing for bankruptcy. People assume that their assets will be seized and liquidated by creditors in order to satisfy their debts. Although there are some instances in

Why Chapter 13 May Be The Better Option

When it comes to the decision to file for bankruptcy, you may think there isn’t much difference between Chapter 7 and Chapter 13. In fact, your financial situation is as unique as the risks and benefits associated with filing one case over the other

Mortgage Lenders Offer Discounts To Bring In Applicants

Just after the peak of foreclosures and mortgage debt crisis lenders have been working hard to entice new consumers into applying for loans. At first glance, these deals may appear to be a sign of improvement in the industry, but a closer look

Personal Bankruptcy Filings Decline

The number of personal bankruptcy filings dropped 17% in September, as compared to September of 2010. This was news that is easy on the ears after so many months of ominous financial reporting. So, what has changed? The biggest aspect of change has

The Bankruptcy Court Date Explained By Villa Park Bankruptcy Attorney

Link I am often asked, what if the court date that was assigned isn’t good for me? Do I have to go to that court date or do I get another court date? The court dates for bankruptcy are set up by the clerk of the U.S. Bankruptcy court and they are

Bankruptcy Lawyer’s Office In Aurora, Illinois On How Often One Can File For Bankruptcy

Link The general answer is you can file for a Chapter 7 bankruptcy once every eight years. To be eligible for a Chapter 7 bankruptcy discharge you must not have filed a prior Chapter 7 bankruptcy or received a discharge rather, in a Chapter 7

Energy Department Fights to Keep Solar Patents in U.S. Hands

The U.S. Department of Energy wants to prevent one of Evergreen Solar Inc.’s solar panel manufacturing techniques from ending up in the hands of its Chinese competitors—a group that’s blamed for crippling the U.S. renewable-energy market. Agency

Young Buck Faces Liquidation

Reuters 50 Cent What rhymes with liquidation? That’s something Young Buck might want to figure out soon, as the bankruptcy trustee helping the rapper through Chapter 11 says he no longer has a viable shot at reorganizing. Maybe Young Buck, whose real

Illinois Bankruptcy Attorney Explains How Creditors Receive Bankruptcy Notification

Link There are a couple of different ways that creditors will receive notice of your bankruptcy filing. The first one, is the most common way, and that’s the clerk of the United States Bankruptcy Court will send out a notice that you have filed for

ShengdaTech Still Unable to Get Access to Information from Subsidiaries in China

Judge Rakoff Squeezes Strike Zone for Madoff Trustee

Judge Jed S. Rakoff last week largely sided with Fred Wilpon and Saul Katz, the owners of the New York Mets, and their families and affiliated enterprises (the "Wilpon/Katz Group") on their motion to dismiss the adversary proceeding brought by Irving

Innkeepers, Cerberus set for bankruptcy trial

"Innkeepers USA Trust will try to persuade a judge to force would-be buyers to proceed with their planned $1.12 billion acquisition of some of its hotels as a trial begins on Monday in a U.S. bankruptcy court. Innkeepers, the bankrupt...