Most of you might think that people
who file for bankruptcy protection should not be concerned with rebuilding credit, but you would be making the wrong assumption if you think such.
Although finding yourself in bankruptcy is a negative experience,
filing for bankruptcy protection does not necessarily have to be one, especially when you have learned from the experience.
In February, it acquired part of infrastructure services company Carillion Canada, which
filed for bankruptcy protection in January, and in November, it increased its stake in Torstar media company, which holds an investment in The Canadian Press as part of a joint agreement with a subsidiary of the Globe and Mail and the parent company of Montreal's La Presse.
Japan has struggled to define its approach to bitcoin since the collapse of Mt. Gox,
which filed for bankruptcy protection in Tokyo on Friday, saying it had lost bitcoins and cash worth some half a billion dollars due to hacker attacks on what it said was its lax computer system security.
Recently on our bankruptcy forum a user asked, «I have come to the conclusion that after a massive surgery and losing my job that I will not be able to pull myself out of my financial crisis
without filing for bankruptcy protection.
News of the death comes with the spotlight already on bitcoin thanks to the collapse of Tokyo - based exchange Mt.Gox, which last week
filed for bankruptcy protection amid revelations that it has lost hundreds of millions of dollars in the virtual currency.
In 2010 over 1.5 million individuals and business in the United
States filed for bankruptcy protection according to U.S. Bankruptcy Court statistics, and nearly 42,000 cases of those cases were filed in the State of Texas — that's 115 bankruptcy cases being filed every single day in this state alone.
SEOUL / DETROIT, April 20 (Reuters)- General Motors» South Korean unit delayed a decision to
file for bankruptcy protection until Monday afternoon, after the automaker failed to reach a wage deal with its labor union in time to meet a Friday deadline.