South Florida Bankruptcy Lawyer

 At the center of the world’s financial crisis this week is Iceland who may be the first national bankruptcy.
The country has already suffered the falling of its second largest bank Landsbanki Island HF.  The British government has decided to step in to protect its citizens’ savings accounts after Landsbanki’s failure.  ING Direct UK has picked […]

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Wachovia Corp. will be acquired by Citigroup Inc. for about $2.16 billion after shares of the North Carolina lender collapsed under unpaid mortgages.
Ranked sixth by assets in the U.S., Wachovia’s all-stock deal wraps up at about $1 a share.  All depositors will be protected, according to the Federal Deposit Insurance Corp.
Citigroup is the biggest U.S. […]

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After several high-stakes real estate gambles folded, Lehman Brother filed for Chapter 11 bankruptcy protection on Monday.  The company spent the weekend trying to stake a potential buyer through several negotiations.  The two most likely suitors, Bank of America and Barclays PLC turned their backs after the United States government said it would not backstop […]

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Many people worry that if they file for bankruptcy, their employ may see that there is something terribly wrong going on at home.  They feel that the employer may no longer value them as an employee, that they might even lose their job.
There are a few things to remember if this is a fear of […]

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Recent Studies have shown that the leading cause of Bankruptcy is medical debt from chronic illness.  A university research team interviewed a number of individuals who were part of the 1.45 million people who filed for bankruptcy earlier in the decade. 
In these in-depth interviews, half of the families cited medical issues as […]

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