Latest Filing For Bankruptcy News

American Apparel Site of Bankruptcy Protest
The brand well known for their bodysuits and leggings filed for bankruptcy early Monday morning, filing a for a protective Chapter 11 petition in Delaware. The controversial clothing company has endured a lengthy battle with sales in addition to a slew …

Alleged Airline Jet Hacker's Security Firm Files for Bankruptcy
A Colorado cybersecurity firm whose founder said he hacked into more than a dozen airline flights by plugging his laptop into a passenger jet's entertainment system has filed for bankruptcy. One World Labs Inc., founded by Chris Roberts in 2009, filed …
Read more on Wall Street Journal (blog)

Alabama Bankruptcy Court Holds That Filing Proof of Claim for Time-Barred Debt
In Jenkins v. Midland Credit Management, Inc.,[1] the U.S. Bankruptcy Court for the Northern District of Alabama held that the filing of a proof of claim based on a time-barred debt cannot give rise to a claim for damages under the Fair Debt Collection …
Read more on JD Supra (press release)

How A Conversation About Bankruptcy Changed One Couple's Life
They let me know that they in fact went through with a Chapter 7 bankruptcy filing. It was approved and their business debt was forgiven. On the personal side, they moved out of their house and bought a much smaller one since their kids are away at …
Read more on Forbes

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