Bankruptcy is a legally declared inability by an individual, or business, to pay their creditors. The declaration is known as seeking bankruptcy protection (from creditors) or initiating a bankruptcy filing. Unsecured debts -- like credit card balances -- are typically in peril in bankruptcy filings. But recent changes to the U.S. bankruptcy code have seen more consumers forced to file Chapter 13, which requires a debt repayment plan, rather than Chapter 7, which effectively wipes out unsecured debt.

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Bankruptcy FDCPA Case Dismissal Upheld on Appeal

11 November 2013

Commercial Law League of America Announces Award Recipients

22 October 2013

Phin Solutions, Inc. Achieves ARM Industry Gold Compliance Standard, TECH LOCK Certified

21 October 2013

CFPB Sues Debt Relief Firm that Questioned its Authority

21 August 2013

Lawsuit from Legal Services Firm Challenges CFPB Investigative Authority

24 July 2013

Shermeta, Adams & Von Allmen, P.C. Celebrates 40 Year Anniversary

10 July 2013

Value Healthcare Services CEO Ezra Zucker to Speak at Keystone AAHAM on July 18

21 May 2013

Portfolio Recovery Associates Throws Around Big Numbers in First Quarter

1 May 2013

Executive Change: Ezra Zucker Named CEO of Value Healthcare Services

12 March 2013

Executive Change: New General Counsel Hired at Ascension Capital Group

13 February 2013

Private Student Loan Debt to be Dischargeable in Bankruptcy Under House Bill

7 February 2013

Executive Changes: American InfoSource Announces Hiring of Two Industry Veterans

4 February 2013

Value Healthcare Services Announces First Company Dedicated to Healthcare Bankruptcy Receivables

30 January 2013

Investment Site Drills Down on Debt Buying Industry

7 January 2013

November Bankruptcy Filings Down 12 Percent over Previous Year

11 December 2012

Invenio Financial Co-sponsors Debt Purchase Stream at CSA/DBSG Annual Conference

7 September 2012

Student Loan ARM Firm Loses Debt Collection Letter Appeal

31 August 2012

ARM Companies Well-Represented in Bankruptcy Filings

27 July 2012

Consumer Bankruptcy Filings Fall 13 Percent in First Half of 2012

6 July 2012

May Bankruptcy Filings Fall 11 Percent from 2011, But Up Slightly from April

6 June 2012