Mortgage Defaults Expected To Rise After Katrina MSNBC - Sep 16 5:18 AM
Louisiana officials are braced for a wave of personal bankruptcies, creating a lasting financial hangover for the citizens of one of America's poorest states.
Bankruptcy deadline looms The Buffalo News - Sep 13 6:06 AM
Record numbers of people have filed for bankruptcy in Buffalo this year, hoping to escape their debt before tougher laws kick in Oct. 17. But debtors aren't alone in their rush to prepare for the changes.
New Bankruptcy Law Could Sink Katrina Survivors - Lawmakers, Rights Groups OneWorld.net via Yahoo! News - Sep 14 1:39 PM
WASHINGTON, D.C., Sep 14 (OneWorld) - People flooded out by Hurricane Katrina could yet be sunk by debt under a new U.S. bankruptcy law that makes it harder for Americans to seek bankruptcy protection, consumer advocates and lawmakers have warned.
Ellen Memorial Owner Outlines Reasons For Bankruptcy The Wayne Independent - 22 minutes ago
TEXAS TOWNSHIP- Administrator/Owner of Ellen Memorial Health Care Center in Texas Township, Mr. Robert Zabady from Mount Cobb, held a press conference at 1 p.m. Thursday to discuss the status of the Health Care Center and why Chapter 11 was sought.
Credit-card writeoffs to rise before bankruptcy reform Investors.com - Sep 13 4:49 PM
NEW YORK (MarketWatch) -- U.S. personal-bankruptcy filings will rise an estimated 6% this year as consumers rush to seek protection ahead of implementation of stricter rules for paying back debts, a credit agency said Tuesday.