Bankruptcy

June 17, 2008 -- With more than a million people filling for bankruptcy in 2007, a new study by Elizabeth Warren, a Leo Gottlieb Professor of Law at the Harvard Law School who compiled the study for AARP’s Public Policy Institute (PPI) shows that the rate of bankruptcy filings among those 65 and older has more than doubled since 1991.    » read more »

April 8, 2008 -- Columbus -- Ohio Attorney General Marc Dann today offered advice for consumers affected by the recent shutdown of the Columbus-based airline, Skybus, Inc.

“We will do all we can to assist consumers left stranded by the collapse of Skybus,” Attorney General Dann said. “We will look at all the facts and cooperate with local and federal prosecutors to determine if any civil or criminal action should be pursued. In the meantime, consumers should immediately contact their banks and credit card providers to try to get their money back."

Skybus jet: Photo by OZinOH (CC)    » read more »

Calling defendants ‘bottom feeders,’ judge exacts punitive damages

March 17, 2008 -- DALLAS – Texas Attorney General Greg Abbott’s Bankruptcy and Collections Division successfully intervened in a federal bankruptcy involving an illegal residential foreclosure rescue scheme. In that case, Judge Stacey G.C.    » read more »

11/25/2007 -- Senator Hillary Clinton issued the following statement regarding today’s Des Moines Register story about growing credit and bankruptcy concerns among Iowans.    » read more »

Legislation Will Allow Nevadans To Safeguard Their Most Valuable Asset

June 15, 2007 -- Carson City – Nevada Governor Jim Gibbons signed into law a bill that will increase the homestead exemption to $550,000, allowing Nevada homeowners to better protect their primary residences from bankruptcy and other legal proceedings. By signing this legislation, Governor Gibbons achieved one of his priorities originally introduced in his State of the State Address.    » read more »