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Union To Vote On Bankrupt Hawker’s Pension Proposal

Reuters reported a story about a vote regarding a pension plan of bankrupt U.S. aircraft maker Hawker Beechcraft. The vote will be on a plan to prevent termination of an existing plan worth $195.3...

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What Role does a Trustee play in your Bankruptcy Case?

According to the United States Department of Justice website, the United States Trustee Program “seeks to promote the efficiency and protect the integrity of the Federal bankruptcy system”. Basically,...

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Major Multimedia Corporation Struggling to Emerge from Bankruptcy

The second-largest newspaper publisher in America, Tribune Co., filed for bankruptcy in December 2008. It was the biggest bankruptcy ever in the history of the American media industry. The company has...

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Chicago Clothes Retailer Files For Third Bankruptcy Proceeding

Mark Shale, one of Chicago’s oldest specialty retailers, has filed for Chapter 11 bankruptcy, says a story in the Chicago Tribune. If the company fails to find financing or a buyer, liquidation is a...

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After Many Years of Providing Recycling to Illinois Residents, One Source...

Waste and Recycling News reports that One Source Recycling has shut its doors due to Chapter 7 Bankruptcy. Residents who depended on the recycling service provided by One Source Recycling were...

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Twinkies Seeking To Impose A Deal With Union

As posted earlier in our blog, Hostess Brands Inc., the maker of Twinkies, is going through bankruptcy proceedings. The company filed for Chapter 11 in January, and the case is still unresolved. Now...

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Actor Blames Television Show for his Bankruptcy

According to a recent story in the TV Guide magazine, former CSI actor Gary Dourdan is blaming CSI for all of his financial woes. He initially filed his Chapter 11 personal bankruptcy case back in...

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Ways to Avoid Filing for Bankruptcy

Bankruptcy is a difficult decision to make but sometimes it is the only option.  If you having a difficult time paying your bills on time or at all, then bankruptcy should be a real consideration.  But...

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Debt Collectors and Bankruptcy in Illinois

Bankruptcy can be an effective way to discharge debt and get back on your feet, no matter the specifics of your personal finances. One of the most common misconceptions about bankruptcy, according to...

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What is in a Name? The Importance of Relying on a Reputable Illinois...

The names Clark and Rameker may not ring a bell but if you are gathering financial and asset documentation in preparation of petitioning for protection under Chapter 7 bankruptcy, it may be in your...

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Union To Vote On Bankrupt Hawker’s Pension Proposal

Reuters reported a story about a vote regarding a pension plan of bankrupt U.S. aircraft maker Hawker Beechcraft. The vote will be on a plan to prevent termination of an existing plan worth $195.3...

View Article

What Role does a Trustee play in your Bankruptcy Case?

According to the United States Department of Justice website, the United States Trustee Program “seeks to promote the efficiency and protect the integrity of the Federal bankruptcy system”. Basically,...

View Article

Major Multimedia Corporation Struggling to Emerge from Bankruptcy

The second-largest newspaper publisher in America, Tribune Co., filed for bankruptcy in December 2008. It was the biggest bankruptcy ever in the history of the American media industry. The company has...

View Article


Chicago Clothes Retailer Files For Third Bankruptcy Proceeding

Mark Shale, one of Chicago’s oldest specialty retailers, has filed for Chapter 11 bankruptcy, says a story in the Chicago Tribune. If the company fails to find financing or a buyer, liquidation is a...

View Article

After Many Years of Providing Recycling to Illinois Residents, One Source...

Waste and Recycling News reports that One Source Recycling has shut its doors due to Chapter 7 Bankruptcy. Residents who depended on the recycling service provided by One Source Recycling were...

View Article


Twinkies Seeking To Impose A Deal With Union

As posted earlier in our blog, Hostess Brands Inc., the maker of Twinkies, is going through bankruptcy proceedings. The company filed for Chapter 11 in January, and the case is still unresolved. Now...

View Article

Actor Blames Television Show for his Bankruptcy

According to a recent story in the TV Guide magazine, former CSI actor Gary Dourdan is blaming CSI for all of his financial woes. He initially filed his Chapter 11 personal bankruptcy case back in...

View Article


Ways to Avoid Filing for Bankruptcy

Bankruptcy is a difficult decision to make but sometimes it is the only option.  If you having a difficult time paying your bills on time or at all, then bankruptcy should be a real consideration.  But...

View Article

Debt Collectors and Bankruptcy in Illinois

Bankruptcy can be an effective way to discharge debt and get back on your feet, no matter the specifics of your personal finances. One of the most common misconceptions about bankruptcy, according to...

View Article

What is in a Name? The Importance of Relying on a Reputable Illinois...

The names Clark and Rameker may not ring a bell but if you are gathering financial and asset documentation in preparation of petitioning for protection under Chapter 7 bankruptcy, it may be in your...

View Article
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