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2. Bankruptcy vs. default: Which route is best for you? - AOL

   www.aol.com/finance/bankruptcy-vs-default-route...

   What happens if I file for bankruptcy? Filing for bankruptcy after you’ve defaulted can protect your assets from being seized by the lender or creditor. How it works depends on the type of ...

3. State defaults in the United States - Wikipedia

   en.wikipedia.org/wiki/State_defaults_in_the...

   A local government, which is a subsidiary of a state, is already allowed to file for bankruptcy under Chapter 9 of the Bankruptcy Code, as long as they are not forbidden to do so by the state. [7] In such municipal bankruptcies, the municipal government repudiate or modify contracts and debts. [3]

4. Personal bankruptcies are up. When does it make sense to file?

   www.aol.com/personal-bankruptcies-does-sense...

   "In 7, you have to pay for your bankruptcy upfront. In Chapter 13 you pay your attorney in that 3- to 5-year plan," said Lawless. "If you're using 13 to pay your attorney feels that is generally ...

5. When should I file for bankruptcy? - AOL

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

   When you file for Chapter 7 or Chapter 13 bankruptcy, you will need to attend credit counseling. Your credit counselor will go over your options and help create a plan. Your credit counselor will ...

6. 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 ...

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

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

   Over $4 billion in debt (largest Chapter 9 bankruptcy until 2013 Detroit bankruptcy filing,) [36] from sewer revenue bonds tainted by an interest rate swap bribery scandal with JPMorgan and county commissioner Larry Langford, and bond insurance credit rating collapse in the late-2000s subprime mortgage crisis, followed by the occupation tax ...