Notice of closure attached to the door of a computer store the day after its parent company declared "bankruptcy" (strictly, put into administration—see text) in the United Kingdom. Bankruptcy is a legally declared inability or impairment of ability of an individual or organization to pay its creditors. Creditors may file a bankruptcy petition and to undertake education in personal financial management from approved agencies prior to filing a bankruptcy petition and to undertake education in personal financial management from approved agencies prior to being granted a discharge of debts was introduced to Anglo-American bankruptcy with the statute of 4 Anne ch. 17 in 1705, where the discharge of unpayable debts was offered as a reward to bankrupts who cooperated in the gathering of assets to pay what

Bankruptcy Protection & Economic Teetering in a Strange Economy

Bankruptcy protection may be needed for the city of Harrisburg, Pennsylvania. It's just a sign of the times in a down economy, right? Dauphin County, which is a guarantor of Harrisburg bonds, has given permission to a bond trustee, TD Bank, to sue the city over $35 million it owes on bond payments for an incinerator project, the Central Pennsylvania Business Journal reported Thursday. These days ...

Bankruptcy judge says Houser’s Rome trial to continue

ATLANTA — A federal bankruptcy judge in Atlanta ruled Thursday that a civil case filed against a former Rome nursing home owner can continue today in Floyd County Superior Court. George D. Houser ...

Bankruptcy Filings Fell Last Month

Personal bankruptcy filings fell in August, nearly erasing the rise in filings the prior month, a new report shows.

Bankruptcy Case Frustrates Omaha Woman

An Iowa construction company with an Omaha office files for bankruptcy protection, leaving some small businesses in a money pinch.

Bankruptcy filings fall in August

The number of bankruptcy filings in New Hampshire dropped sharply in August compared to last month and a year earlier. It was second consecutive monthly decrease in what had been an unrelenting four-year climb in bankruptcy filings.There were 421 filings in August, according to unofficial figures, 52 fewer than July and 73 fewer than the previous August. That’s a monthly percentage drop of 11 ...

Area bankruptcy filings rise in Aug., buck trend

BLADE STAFF Bankruptcy filings across northwest Ohio rose in August, reversing a four-month trend in which the number of cases had been declining from last year. Last month had 785 filings, up 6 percent from the same month last year for the 21 Ohio counties within the U.S. Bankruptcy Court in Toledo. It was the highest number of filings for an August since 2005. Through the first eight months of ...

Bankruptcy filings let up

The number of Hawaii residents filing for bankruptcy protection in August eased slightly from July, but cases remained above the 300 mark for the sixth month in a row.