Filing Bankruptcy

Walk through the steps to file bankruptcy and get a fresh start.

NEW YORK (KABC) — The retail world is losing another giant. Iconic luxury department store Barneys New York is closing all.

The Bankruptcy Code requires the trustee to ask the debtor questions at the meeting of creditors to ensure that the debtor is aware of the potential consequences of seeking a discharge in bankruptcy such as the effect on credit history, the ability to file a petition under a different chapter, the effect of receiving a discharge, and the effect of reaffirming a debt.

Their attorney, Edward Neiger, will represent them in court through an ad hoc committee, according to his filing late Friday.

He says he will be OK, with or without help from the PG&E bankruptcy fund. He’s just looking forward to getting back home.

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Last updated May 31, 2017. You'll hear a lot of people conclusively say: ” bankruptcy is bad.” But why? Why is the general consensus that filing.

OAKLAND, Calif. – PG&E Corporation and Pacific Gas and Electric Company (together "PG&E") are sharing an important reminder.

Filing bankruptcy can help a person by discarding debt or making a plan to repay debts. A bankruptcy case normally begins when the debtor files a petition with the bankruptcy court. A petition may be filed by an individual, by spouses together, or by a corporation or other entity.

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A Bankruptcy Exemption defines the property a debtor may retain and preserve through bankruptcy. Certain real and personal property can be exempted on "Schedule C" of a debtor’s bankruptcy forms, and effectively be taken outside the debtor’s bankruptcy estate. Bankruptcy exemptions are available only to individuals filing bankruptcy.

Motherhood Maternity in Southridge Mall, in a Milwaukee suburb, was slated for closure before the Chapter 11 filing. This article originally appeared on Green Bay Press-Gazette: Ashwaubenon, Grand.

Filing for bankruptcy is always an option-but is it the right one for you?

You cringe every time the phone rings, and it's been days since you've checked the mail. Although you know you're delaying the inevitable, it's hard not to avoid.