May 22, 2012

U.S. Supreme Court Hears Arguments In 2 Personal Bankruptcy Cases

WASHINGTON, D.C. - The U.S. Supreme Court was to hear oral arguments Dec. 1 in two separate matters that involve issues pertaining to personal bankruptcy. Full story on lexis.com

Medical Bankruptcy

Consumer Debt Rose $21 Billion Last Month Thanks to Credit Card Use

The total amount of consumer credit circulating in the United States rose by more than $21 billion last month, raising concerns that more people … [Read More...]

ResCap Files For Bankruptcy, Eyes Paying Back Taxpayer Bailout Money

Ally Financial Inc’s mortgage unit, named Residential Capital (ResCap for short), filed for bankruptcy on Monday, according to Reuters. Ally … [Read More...]