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2. Frank Lorenzo - Wikipedia

   en.wikipedia.org/wiki/Frank_Lorenzo

   In December 1986, Texas Air also finalized a deal to acquire People Express Airlines, a low-cost airline that had been formed by eight executives who had left Texas Air in 1980. [96] [97] The deal included the assets of the bankrupt Frontier Airlines, which People Express had purchased in 1985.

3. Texas two-step bankruptcy - Wikipedia

   en.wikipedia.org/wiki/Texas_two-step_bankruptcy

   Texas two-step proponents, like Johnson & Johnson and its lawyers, have argued that Texas two-steps are not inherently bad-faith, and that in the context of mass-tort litigation bankruptcy is fairest way to address large numbers of personal injury claims. Unlike in traditional courts hearing cases brought by many different people, bankruptcies ...

4. Before You File for Bankruptcy, Consider These 3 Alternatives

   www.aol.com/file-bankruptcy-consider-3...

   Image source: Getty Images. For many years, I was a bankruptcy lawyer. As opposed to when I practiced litigation (suing people and defending lawsuits), bankruptcy was a dream practice.

5. Considering bankruptcy? It could cost more than you think - AOL

   www.aol.com/finance/considering-bankruptcy-could...

   Chapter 13 bankruptcy is the more expensive form of bankruptcy. Unlike Chapter 7, which involves selling off most of your belongings, Chapter 13 reorganizes your financial life and debts, giving ...

6. Chapter 9, Title 11, United States Code - Wikipedia

   en.wikipedia.org/wiki/Chapter_9,_Title_11...

   The first municipal bankruptcy legislation was enacted in 1934 during the Great Depression. [2] Although Congress attempted to draft the legislation so as not to interfere with the sovereign powers of the states guaranteed by the Tenth Amendment to the Constitution, the Supreme Court held the 1934 Act unconstitutional as an improper interference with the sovereignty of the states. [2]

7. When should I file for bankruptcy? - AOL

   www.aol.com/finance/file-bankruptcy-011643245.html

   How does bankruptcy affect your credit? Both Chapter 7 and Chapter 13 will bring your credit score down significantly. If you start out with a credit score of 700 or higher, point losses of 200 or ...