Today more people than ever are turning to personal bankruptcy as a way of solving their financial problems. Estimates indicate that 2005 will see nearly 1 in 60 Americans filing for bankruptcy. People owing as little as $6

Bankruptcy Reform may be backfiring on those who funded it: banks and credit card issuers, as reduced usage and balance reduction, by those who can manage it is hurting the profit centers, while obstacles to others will, the author submits, lead to calls for revisions to protect consumers.

Bankruptcy Software

During the 2005 Atlantic tropical hurricane season there were many bankruptcies from small businesses and individuals who could not pay their bills. All along the Gulf Coast, New Orleans and many people in Florida

Bankruptcy

Yesterday Sen. Evan Bayh (D-Ind.) and Rep. John Conyers (D-Mich.) introduced a bankruptcy reform bill designed to eliminate some of the abuses that have occurred in the Delphi and other recent corporate bankruptcies.

A lot fewer Utahns filed for bankruptcy during the first half of 2006 than in the same period of 2005 - the result of last year's sweeping reform legislation that made it harder for consumers to walk away from their debts. David Sime, clerk of the U.S. Bankruptcy Court for Utah, reported Thursday bankruptcy filings in the state during the first six months of this year declined 77 percent compared with the same period a year ago.