Pamela Anderson has disputed rumors that she is considering bankruptcy.  But should the former Baywatch star file bankruptcy given the multiple liens placed o her property? According to several reports, Pamela Anderson is facing liens from various construction companies for unpaid bills totaling nearly $1 million and a bill for $252,360 for unpaid California state taxes. But despite the reports, Anderson says that she is far from filing bankruptcy : …

Comment author: Should Pamela Anderson File Bankruptcy? | Reed's Bankruptcy Blog iSilverlight

Comment by Should Pamela Anderson File Bankruptcy? | Reed's Bankruptcy Blog iSilverlight: … Pamela Anderson File Bankruptcy? | Reed's Bankruptcy …

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Category: Bankruptcy

Tags: Bankruptcy Celebrity Pamela Anderson Real estate Taxes

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Consumers should educate themselves about bankruptcy when deciding whether or not to file.

Here’s a quick primer on steps to take when deciding whether or not to file for bankruptcy:

Step One: Educate yourself about bankruptcy.  For individual consumers, there are two main categories of bankruptcy.  Chapter 7 is the form of bankruptcy where most, if not all, of your debts will be cancelled outright, typically in as …

Comment by Jim Ince: … find that you can file great or if you find that it is …

Category: Bankruptcy , Credit and Bankruptcy , Debt and Tax Relief

Tags: Bankruptcy Debt Relief

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A file segregation scam is where a debtor, usually someone who has recently filed bankruptcy, is offered a brand new credit identity in exchange for a fee–usually a very large fee.

How It Works

The scammer usually targets those who have filed bankruptcy or who have delinquent credit cards or loans in default on their credit report.  The scammer attempts to convince the target that because …

Comment by Jim Ince: … to deal with post-bankruptcy issues and your reputable …

Category: Bankruptcy , Credit Counseling , Fort Worth Attorney

Tags: Bankruptcy Credit card Debtor Loan Unsecured debt

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Divorce can often be a big factor when people are making the tough decision whether or not to file for bankruptcy.  Sometimes, divorce is the cause of the financial hardship leading the individual toward bankruptcy.  Other times, individuals need to know what the requirements are when it comes to divorce settlement proceedings if you already know you’re going to file for bankruptcy.  A recent case here in Texas demonstrates that failing to disclose your intention to file for …

Comment by Jacob Decker: … especially in bankruptcy. Do yourself a favor and …

Category: DFW Metro Bankruptcy , Divorce and Bankruptcy , Economy

Tags: Bankruptcy Divorce Law Lawyers and Law Firms Texas

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A noncitizen of the United States may be able to file for bankruptcy in America.

Noncitizens of the United States often have the same question when considering bankruptcy.  You can probably guess what it is, but for the sake of ease, here it is: Can I file for bankruptcy if I am not an American citizen?

The good news for non U.S. citizens is, yes you can file.  In fact, you don’t have to be a U.S. citizen and you do not have to have …

Comment by Jacob Decker: The bankruptcy code does not require a …

Category: Filing Bankruptcy , Lawsuits

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… Well if you’re drowning in debt, like many debtors, you should probably use that tax refund to file bankruptcy if:

If you are unemployed and have been unemployed for at least a few months you should probably use your tax refund to file for bankruptcy.  Being unemployed is the number one reason for filing bankruptcy and it is a very good reason.  Your tax refund offers the perfect opportunity to work with a competent bankruptcy attorney who can help you file bankruptcy and …

Category: Bankruptcy , Economy , Filing Bankruptcy

Tags: Bankruptcy refund tax deadline

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One of the most insidious myths about bankruptcy is that debtors who file bankruptcy will lose all of their personal property.  For the umpteenth time, this myth is simply not true.  A matter of fact, most debtors who file Chapter 7 bankruptcy do not lose any of their property.  Every state, plus the federal bankruptcy code provides a generous amount of exemptions for debtors to use during bankruptcy.  Exemptions protect the …

Category: Bankruptcy , Bankruptcy Q&A , Economy , Filing Bankruptcy

Tags: Bankruptcy Exemptions Property

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… readily apparent is how that bias may negatively impact their finances and even force them into bankruptcy.  The longer an individual remains unemployed, the more precarious their finances may become.  Credit cards become delinquent, mortgages go unpaid and eventually a foreclosure notice and/or lawsuit may be filed against the individual.  Many of those older workers may choose to file bankruptcy as they realize that no new or viable job prospects await them in the near future.  For …

Category: Bankruptcy , Managing Your Finances , Medical Bills

Tags: Bankruptcy Labor Department Seniors Unemployment

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… Group, owner of 13 daily newspapers in eight states including Texas has announced plans to file for Chapter 11 bankruptcy.  The company plans to file a “prepackaged” bankruptcy plan that has already been approved by the majority of its creditors.  If accepted by the bankruptcy trustee, the prepackaged bankruptcy plan could slash Morris Publishing’s debt of $415 million by nearly 70 percent.

Morris Publishing says it will ask a bankruptcy judge to approve a bond exchange …

Category: Chapter 11 Bankruptcy

Tags: Chapter 11 Bankruptcy Debt Morris Publishing Group

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… One of the most important decisions will be whether the homeowner should do a short sale or file bankruptcy.  Here are a few questions you should ask yourself when deciding to do a short sale or file bankruptcy?

Do you have other debts that you cannot afford to pay?  Most homeowners facing foreclosure are drowning in credit card debt, delinquent car loans and sometimes even mounting medical debt.  Doing a short sale on your home might solve your home problem; …

Category: Bankruptcy , Economy , Foreclosures

Tags: Bankruptcy Debt foreclosure Save Your Home Short sale

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You may need to file bankruptcy if you are unemployed, have limited income and are facing an imminent foreclosure. Bankruptcy can stop foreclosure in its tracks.  In bankruptcy, debtors are often able to catch up on the mortgage and keep their home.  They can also surrender the house in bankruptcy and receive a discharge on any mortgage balance afterward.

You may need to file …

Category: Bankruptcy

Tags: bankruptcy law Filing Bankruptcy

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… Group Inc., which owns 54 daily newspapers, along with television and radio broadcasters, plans to file Chapter 11 bankruptcy after getting hit hard by the lagging advertising revenue that sent their balance sheet into a tailspin.

MediaNews said its holding company will file a “prepackaged” bankruptcy …Under MediaNews’s plan, senior lenders will swap debt for equity, helping reduce the company’s debt load from about $930 million to $165 million. Bondholders will get warrants …

Category: Chapter 11 Bankruptcy

Tags: Chapter 11 Bankruptcy MediaNews Group Radio William Dean Singleton

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