Truland Group Units File For Bankruptcy Protection
Truland is seeking protection under Chapter 7 of the federal bankruptcy code, which usually involves liquidation of assets rather than a plan to discharge debts by reaching settlements with creditors and eventually resuming normal operations. In 2010 …
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How to correct social security errors; When to file bankruptcy: Money Talk Q&A
Dear Liz: I'm a 33-year-old mother who lost my full-time job during the recession in 2009. I may have my "stuff" together again, but am considering filing bankruptcy. Each month I'm spending almost half (yes half!) of my income on debt payments to …
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Puerto Rico Municipal Bankruptcy Proposed in U.S. House Bill
Puerto Rico's government-owned corporations could file for bankruptcy protection under a bill proposed in the U.S. House of Representatives by the delegate from the Caribbean territory, which is struggling to pay $ 73 billion in debt. Pedro Pierluisi, a …
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Bill Would Let 'Medically Distressed' Cast Off Student Loans
By his estimate, more than half of the people who file for bankruptcy these days have enough medical debt to qualify for the student loan discharge. The average person who filed for bankruptcy last year had about $ 8,595 in medical debt when filing—a …
Read more on Wall Street Journal (blog)

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