Credit card default rate soars as bankruptcy filings pour in

Credit card default rate soars as bankruptcy filings pour in
San Diego Union-Tribune - NEW YORK With more Americans filing for bankruptcy again after last year's hiatus, credit card default rates are spiking. Though the percentage of payments being written off as uncollectable isn't as high as it was a couple years ago, the
Source: article.wn.com

Bankruptcy up 60% in Minnesota
MSNBC - Many Minnesotans have gone from chasing easy credit to being chased by creditors into bankruptcy court. Others can't make that move as hard-pressed debtors discover that the cost of declaring they're broke has more than doubled. Propelled by rising
Source: www.msnbc.msn.com

Law firms recruiting bankruptcy specialists
Dallas Morning News - Here's one business group that's delighted with the sudden corporate credit crunch: bankruptcy lawyers. "We're the guys who say, 'Let the bad times roll,' " said Mike Massad, partner at Hunton & Williams LLP in Dallas and part of the firm's 35-lawyer
Source: www.dallasnews.com

Attorney Files Bankruptcy Wrongly
WTLV - FERNANDINA BEACH, FL — It is a slice of life Jackie Marie can live without. Marie says, "I don't know to this day. It is mind bogging." In October 2005, she made a call to attorney Hugh McCarthy, Jr. for advice. Mare says he broke the appointment
Source: www.wtlv.com

Calpine posts July loss after small June profit
Reuters - Bankruptcy Court for the Southern District of New York. Calpine also filed a notice at the court moving a Sept. 11 hearing on its bankruptcy disclosure statement to Sept. 25 to allow time to consider a proposal for Calpine stockholders to have
Source: today.reuters.com