Although walking away from your debt completely may seem tempting, it will have a huge impact on your future financial life. Filing for bankruptcy is generally the more responsible — and safer — ...

The issuer of a note that seeks bankruptcy protection is not intentionally defaulting on its obligation to redeem the note in full and does not automatically trigger an acceleration of the instrument, ...

In the eyes of the law, a corporation is a person, but when a real person, that is, a person of flesh and blood, declares bankruptcy or defaults on his or her debt it is usually considered a moral ...

A bankruptcy court in the Southern District of New York clarified the factors considered in determining whether an oversecured creditor can recover default interest under a loan agreement. In a recent ...

Harrisburg, Detroit, Central Falls, Vallejo, Stockton, Jefferson County — all these municipal entities have made headlines recently as their coffers got closer to empty. But are they just unwilling or ...