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  2. Ohlson O-score - Wikipedia

    en.wikipedia.org/wiki/Ohlson_o-score

    The Ohlson O-score for predicting bankruptcy is a multi-factor financial formula postulated in 1980 by Dr. James Ohlson of the New York University Stern Accounting Department as an alternative to the Altman Z-score for predicting financial distress.

  3. Bankruptcy risk score - Wikipedia

    en.wikipedia.org/wiki/Bankruptcy_risk_score

    A bankruptcy risk score is a number that indicates the likelihood of an individual filing for bankruptcy. Although it has been used for over twenty years to assess ...

  4. Altman Z-score - Wikipedia

    en.wikipedia.org/wiki/Altman_Z-score

    The formula may be used to determine the probability that a firm will go into bankruptcy within two years. Z-scores are used to predict corporate defaults and an easy-to-calculate control measure for the financial distress status of companies in academic studies. The Z-score uses multiple corporate income and balance sheet values to measure the ...

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

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

    Bankruptcy was a dream practice because usually I was able to solve their financial woes, and I had plenty of clients -- almost half a million people filed last year. A Chapter 7 bankruptcy (or BK ...

  6. How to avoid bankruptcy in retirement — and safeguard your ...

    www.aol.com/finance/avoid-bankruptcy-in...

    Chapter 7 bankruptcy. The most common type of bankruptcy, a chapter 7 filing involves liquidating — or selling — your assets to pay off your creditors and debts. Chapter 13 bankruptcy.

  7. Late on Chapter 13 bankruptcy payment. What now? - AOL

    www.aol.com/finance/chapter-13-bankruptcy...

    Key takeaways. The court could dismiss your case or change it to a Chapter 7 if you’re late on your payment. You can request a payment reduction if you’ve been faced with an unexpected ...

  8. Chapter 13, Title 11, United States Code - Wikipedia

    en.wikipedia.org/wiki/Chapter_13,_Title_11...

    An individual who is badly in debt can typically file for bankruptcy either under Chapter 7 (liquidation, or straight bankruptcy) or Chapter 13 (reorganization).In some cases, options may also include Chapter 12 (family farmer reorganization) and Chapter 11 (reorganization of a company, or an individual debtor whose debts exceed the limits for a Chapter 13 filing). [2]

  9. Bankruptcy Abuse Prevention and Consumer Protection Act

    en.wikipedia.org/wiki/Bankruptcy_Abuse...

    The Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 (BAPCPA) (Pub. L. 109–8 (text), 119 Stat. 23, enacted April 20, 2005) is a legislative act that made several significant changes to the United States Bankruptcy Code.

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