What it Means to File for Bankruptcy

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what it means to file bankruptcy

When it comes to bankruptcy, people generally fall into one of two camps: those who aren’t sure what it means to file bankruptcy but think they should, and those who know what it means to file bankruptcy and aren’t sure if they should. Both types might not know when to file bankruptcy, how to file bankruptcy, or where to seek bankruptcy help.

After Supreme Court Rules Against it, Digital TV Provider Aereo Files Bankruptcy

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 Chapter 11 bankruptcy timelineJust a year ago, Boston-based digital TV startup Aereo had the potential to completely revolutionize the way people watch television. Since then, Aereo has been on a gradual downward descent starting with a June Supreme Court ruling that the company’s services violate copyright law. And on Thursday, Nov. 20, Aereo finally filed for Chapter 11 bankruptcy help, facing lawsuits from a number of television networks, according to the Boston Globe.

The Top 5 Questions You Should Be Asking About Chapter 13 Bankruptcy

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how long does chapter 13 bankruptcy lastIf you are so deeply in debt that you feel you have no hope of paying off your creditors, then filing for bankruptcy may actually be the best long-term decision, no matter how scary it sounds. Here are the five top questions people ask about Chapter 13 bankruptcy:

Million Dollar Baby: Canadian Couple Considers Bankruptcy After Baby’s Birth in U.S. Hospital

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chapter 7 bankruptcy attorneyAfter their baby’s premature birth in a Hawaii hospital resulted in a hospital bill almost totaling $1 million, one Saskatchewan couple is considering filing for bankruptcy. According to a November 19 CTV News article, Darren Kimmel and Jennifer Huculak went to Hawaii for a vacation in October 13, when Huculak was six months pregnant but cleared to travel. The couple had even bought Blue Cross insurance for the trip.

Woman Brought Back to Life After Cardiac Arrest Faces Bankruptcy Despite Being Fully Insured

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local bankruptcy attorneyIt’s no secret that the cost of healthcare is unaffordable for many Americans. In 2013 alone, about two million people filed for Chapter 13 or Chapter 7 bankruptcy help because their unpaid medical bills were too much to handle. But even being covered by health insurance isn’t always enough to prevent a medical bankruptcy, as one Wisconsin woman’s current situation proves.