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

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

    Key takeaways. Filing for bankruptcy is expensive with costs starting at more than $1,300. Declaring bankruptcy can have a long-term impact on your finances.

  3. Court costs - Wikipedia

    en.wikipedia.org/wiki/Court_costs

    Court fees payable on conviction unless good cause shown [8] Arizona: Court fees never available in a criminal case, even in cases of a bad faith argument [9] Arkansas: Court costs assessed on conviction or guilty plea; [10] $150 for misdemeanor or felony violation and $75 for local ordinance [10] California Colorado

  4. Financial distress - Wikipedia

    en.wikipedia.org/wiki/Financial_distress

    These direct costs include auditors' fees, legal fees, management fees and other payments. Cost of financial distress can occur even if bankruptcy is avoided ( indirect costs ). Financial distress in companies requires management attention and might lead to reduced attention on the operations of the company.

  5. Alabama County Could File for Biggest U.S. Municipal ... - AOL

    www.aol.com/2011/08/03/alabama-county-could-file...

    With a Thursday afternoon deadline fast approaching, investors and officials in Alabama are working to review new proposals to avert the biggest municipal bankruptcy in American history. Jefferson ...

  6. When should I file for bankruptcy? - AOL

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

    Bankruptcy is a legal process that helps individuals overwhelmed by debt eliminate or reorganize what they owe. For individuals, there are two main types of bankruptcy : Chapter 7 and Chapter 13.

  7. Bankruptcy costs of debt - Wikipedia

    en.wikipedia.org/wiki/Bankruptcy_costs_of_debt

    The fact that bankruptcy is generally a costly process in itself and not only a transfer of ownership implies that these costs negatively affect the total value of the firm. These costs can be thought of as a financial cost, in the sense that the cost of financing increases because the probability of bankruptcy increases.

  8. Alabama County Nears $3.14 Billion Settlement, Avoids ... - AOL

    www.aol.com/news/2011-09-16-alabama-county-nears...

    Alabama's massive sewer debt crisis is coming to a close. Commissioners of Jefferson County voted 4-1 on Friday to accept a term sheet with creditors, allowing it restructure and partially write ...

  9. Larry Langford - Wikipedia

    en.wikipedia.org/wiki/Larry_Langford

    The bonds resulted in a $3.2 billion sewer debt, contributing to the Jefferson County commissioners voting to declare bankruptcy on November 10, 2011, in what at the time was the largest municipal bankruptcy in U.S. history. [31] [32] The U.S. government sought $7.6 million in forfeiture from the three men.

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