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Many people who have filed bankruptcy in the past apply for credit the wrong way. They fill out a credit application and hope for the best. Best case, they probably end up paying a lot more in interest and finance charges - hundreds or even thousands of dollars more, depending on what they're buying. That said, in this article we are going to talk about the RIGHT way to apply for credit and loans. So what is it? Well there are three steps: 1) Learn how to increase your credit score 2) Know the credit approval process 3) Know how to apply for credit and
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Lastest "online bankruptcy" News:

Free Bankruptcy Calculator Helps You Know If You Qualify
For people questioning whether or not they should file bankruptcy, JacksonWhite has created a free online bankruptcy calculator to help them make that call. This innovative calculator takes users through a series of short questions about their financial situation and determines if bankruptcy is the right decision or not. ...
Fri, 20 Jan 2012 00:20:12 -0800

Open Range bankruptcy auction online
The bankruptcy auction of late-added assets of Open Range Communications continues online-only at 7 a.m. MST Thursday. Heritage Global Partners is handling the auction at hgpauction.com.
Sat, 14 Jan 2012 00:14:56 -0800

Clothing retailer files for bankruptcy, to close stores
The owner of a plus-size women's clothing retail chain that has seven stores in Orange County announced Wednesday that it has filed for Chapter 11 bankruptcy protection.United Retail Group, owner of 433 Avenue plus-size clothing stores, said it's also pursuing a sale....
Sun, 05 Feb 2012 08:03:03 -0800

Law grads go to court for bankruptcy protection
(Reuters) - When Diana Valle decided to intern at a bankruptcy firm during law school, she had no idea how useful the experience would prove - in her own case. Shortly before graduating from the University of Maryland School of Law, the 26-year-old Valle, burdened with 0,000 in student debt and with no immediate job prospects, filed for Chapter 7 personal bankruptcy protection. "I was really ...
Fri, 03 Feb 2012 07:25:45 -0800

Catalyst Paper files for Chapter 15 bankruptcy
(Reuters) - Canada's Catalyst Paper Corp filed for Chapter 15 protection in a U.S. court on Tuesday as the specialty paper and newsprint producer grappled with rising costs of raw materials and lower demand. Catalyst is the latest in line of paper producers that have succumbed to higher costs, increased competition from Asia and Europe, and falling demand as more advertisers and readers move ...
Wed, 18 Jan 2012 10:26:53 -0800



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Thanks to the new bankruptcy reform laws, many Americans who are overburdened by their credit card debt will no longer qualify for Chapter 7 bankruptcy protection. However, consumers need to know that an alternative exists for people to walk away from 100% of that debt, without bankruptcy, consolidation, or refinancing. The program is applicable to all major credit cards, unsecured lines-of-credit, and signature loans. The process that is used to discharge debt is based off of U.S. Supreme Courts decisions, Title 15 United State Code (USC) section 1692, the Fair Debt Collections Practices Act, section 1601, the Fair Credit Billing Act, the Uniform Commercial Code (UCC), section 203, and numerous Banking
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