From Big Five to big fizzle, the downward spiral of a business now known as Amfac Hawaii, LLC (Limited Liability Company) ended Wednesday when the company filed for federal bankruptcy protection.
While there are six types of bankruptcies, individuals who file for bankruptcy generally have two options: Chapter 7 and Chapter 13. A Chapter 7 bankruptcy is known as liquidation bankruptcy in ...
If you’re trying to make sense of bankruptcy jargon and hoping to understand the differences between the different types of bankruptcies, particularly Chapter 7 and Chapter 13, you’ll want to ...
The fallout of the Better Place bankruptcy is still being felt in Hawaii and leaving some plug-in vehicle drivers with far fewer charging opportunities than they originally suspected. According to ...
Chapter 7 is the most common form of bankruptcy, as it allows individuals to erase most of their existing debt and start afresh. Unfortunately, Chapter 7 filers are often required to surrender ...
This type of bankruptcy will fall off your credit report after seven years. If you filed for Chapter 7 bankruptcy, on the other hand, you agreed to give up some of your assets, which will be used ...
The type of bankruptcy you choose to file will determine how long it is listed on your consumer credit report. Chapter 7 and Chapter 11 bankruptcies stay on your credit report for 10 years after ...
Two of the most common types of personal bankruptcy are Chapter 7 and Chapter 13. In Chapter 13 bankruptcy, you can keep assets like a house or a car as long as you have a reliable income.