How long does it take to collect insurance from a bankrupt company?

TwiggyRamirez asked: I was an employee for a company that went bankrupt a year ago. A few moths ago I was given the right to sue by the EEOC. Is there a chance that any insurance money is still left if I get relief from stay?

Did the final version of Foreclosure Act include the $7000 credit for the purchase of a foreclosed home?

Stacey C asked: I purchased a foreclosure in June 2008. I know the Foreclosure Prevention Act underwent many revisions. Does anyone know if the final version which the President is expected to sign still includes the provision for the $7000 tax credit for the purchase of owner occupied foreclosed homes? I am not a first [...]

Is it illegal to want to bankrupt a company?

Blue asked: Me and a few people who dislike a company,is trying to get people to switch to there competitor that even costs less. This might bankrupt them some people say,So is this legal to do?

What happens if you get sued and your bankrupt?

Ali [Suspended] asked: My family is bankrupt and were getting sued ALOT of money cuz my little brother hurt alot of people in a car accident (and he had no license or insurance). What happens if we just dont have the money?

How much debt must you have to be legally allowed to declare bankruptcy?

Healthy Environment asked: In addition to this law question, I have some ethics questions:
How much SHOULD you have to be in debt to be legally allowed to declare bankruptcy? 0? 10k? 20k? 50k? 100k?

why should debt for a home mortgage, business, or other be cleared during a bankruptcy, but not a studetn loan [...]

What happens to a real mortgage when a debtor files for bankruptcy?

I’m a creditor whose debt is secured by a real mortgage. I’ve received recently a notice that the debtor has filed for bankruptcy under chapter 7 of the US Bankruptcy code. What will happen to both my loan and my mortgage? Will I be enjoined from foreclosing the mortgage? The insolvent [...]