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United States Bankruptcy Article:
NWA Bankruptcy?
Northwest Airlines may be filing for bankruptcy after failing to earn $23 million it was scheduled to pay for refinancing on September 10-12. Filing for bankruptcy would be in United States Bankruptcy Court in New York. High fuel costs are......(Continue Reading)
KB Toys - Court Confirms Companys Reorganization Plan
KB Toys, Inc. announced today that the United States Bankruptcy Court for the District of Delaware has confirmed the Companys First Amended Plan of Reorganization. Confirmation of the Plan paves the way for KB Toys and its subsidiaries to emerge fr...(Continue Reading)
Eight Warning Signs That You May Be Headed for Bankruptcy, and Eight Tips for Avoiding It
Eight Warning Signs That You May Be Headed for Bankruptcy and Eight Tips for Avoiding It...(Continue Reading)
Sonicblue Files for Bankruptcy
Consumer electronics will sell off ReplayTV, Rio, GoVideo....(Continue Reading)
Bankruptcy and Taxes: Discharging Tax Debts in Bankruptcy
Income tax debts may be eligible for discharge under Chapter 7 or Chapter 13 of the Bankruptcy Code. Not all tax debts are capable of being discharged in bankruptcy. The bankruptcy petitioner must have tax debts that meet five criteria for discharge....(Continue Reading)
Atkins Nutritionals Announces Reorganization
Atkins Nutritionals, the company behind The Atkins Diet, recently filed for bankruptcy and announced reorganization plans....(Continue Reading)
Is Your KB Toys Store Closing?
Today, KB Toys posted a list of 356 stores that it is closing around the United States as part of its bankruptcy reorganization. To see the list of store closings, go to the KB Toys Information web site, and click......(Continue Reading)
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