Trustees Settle With Capital One

A settlement was reached between the U.S. Trustee Program, an arm of the Justice Department that monitors bankruptcy courts, and Capital One Financial Corporation over allegations that the credit-card issuer filed over 5,000 claims on credit-card debts that it filed...

North Texas Homebuilder Files For Bankruptcy

Plano-based Sheridan Homes of Texas is the latest North Texas home builder to file for bankruptcy protection this year. The nationwide credit crunch and high foreclosure rates have stymied the housing industry across the country. Analysts have said that North Texas...

Bankruptcy Can Save Your Home From Foreclosure

Fort Worth, TX – Imagine being a mother of two barely getting by on your paycheck when a slight setback puts you behind on your mortgage payments. That is what happened to Yvonne, who asked that we not use her last name. After having already been through a...

Barack Obama VS. Joe Biden on Bankruptcy

This week Democratic presidential hopeful Senator Barack Obama announced Delaware Senator Joe Biden as his vice presidential candidate. Senator Obama and Senator Biden may agree on many issues, but they differ on their ideas on bankruptcy reform laws. Senator Obama...