In the dog-eat-dog world of Chapter 11 bankruptcy, we should not be surprised when disputes arise between parties arguing about money. Kodak is trying to terminate pension/retirement benefits for its workers in its Chapter 11…more
I am Clint Smith. I do wills and estate planning and mainly trusts for people here in Maricopa County Arizona. But there is an issue in the news lately that I thought might be of interest to us here in Arizona and that is, as a…more
Nadya Suleman, known the world over as “Octomom” because of her historic birthing of eight children last year, filed for Chapter 7 bankruptcy in Los Angeles. That’s “old” (Read: more than a week) news.
What does her…more
Will merger save two airlines that filed bankruptcy?
Today there is even more evidence that bankruptcy is not the end of the world. As I previously noted, a Chapter 11 bankruptcy filing by American Airlines didn’t stop the…more
The Certified Financial Planner (CFP) Board of Standards announced that, effective September 1, 2012, it will shorten the “experience” requirement. It will also make personal bankruptcy information public…more
On, of all days, Friday the thirteenth, the Los Angeles Dodgers obtained an order from the bankruptcy court in Delaware, approving their plan of reorganization. The actual baseball team, on the field in San Diego, celebrated by…more
The Washington Post recently reported that student loan balances are an ever increasing problem for those 50 and over. Indeed, approximately 20% of the $870 billion dollars owed on student loans is owed by those over the age of…more
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