A Texas judge ruled that State Farm Insurance must repay $310 million in premiums and back interest to Texas customers for overcharging them on homeowner policies. The ruling will affect State Farm Lloyds residential policies between September 2003 and July 2008.
The refund is far less than the $1 billion that consumer advocates wanted, prompting one, [...]

According to an article in Bloomberg, more Americans filed bankruptcy in October than in any month since changes to the U.S. bankruptcy code were put in place in 2005.  In the month of October alone, bankruptcy fillings for individuals rose 25 percent from a year earlier to 131,200 filings.  And since January 2009, there have [...]

We are proud to announce the launch of our “Virtual Paralegal” service!

With the introduction of “Virtual Paralegal” anyone who is seeking bankruptcy information can now obtain it with the click of their mouse! We have developed an intuitive natural language search to make searching for bankruptcy information as easy as asking a question in person. [...]

According to an article in the American Medical News, LifeMasters Supported SelfCare Inc. has filed for Chapter 11 bankruptcy and hopes to continue operating the company during bankruptcy as a debtor in possession. The disease-management company has told the bankruptcy court that it has sufficient cash to continue operating but is filing Chapter 11 bankruptcy [...]

You are protected under the Bankruptcy Protection Act if a creditor tries to collect on a discharged debt.
The relief you will have after your bankruptcy is discharged is huge.  Just imagine going from one day not knowing how you are going to pay your bills to the next day having several of your debts wiped [...]

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If you have filled out an application for credit with a bank recently you’ve probably noticed that the banks have made a little change to their bankruptcy question.  Before, banks would ask potential customers if they had filed bankruptcy within the past 10 years. Now, banks are asking potential customers if [...]