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San Bernardino becomes third California city to file for bankruptcy

by Paula Greenway | Aug 25, 2012 | Bankruptcy Filing, Greenway Bankruptcy Law, Municipal Bankruptcy

In the past two months, three separate cities in the state of California have decided to file for bankruptcy protection. The latest filing decision comes from the City Council in San Bernardino.According to reports from this city of approximately 210,000 individuals,...

Michael Vick paying off creditors with NFL earnings

by Paula Greenway | Aug 15, 2012 | Bankruptcy Filing, Personal Bankruptcy

Michael Vick, a quarterback in the NFL, filed for bankruptcy protection in 2008, and has recently started paying off his numerous creditors the approximate $20 million that they are owed.Vick spent two years in prison for the part he played in a dog fighting ring....

Former MLB player files for Chapter 7 bankruptcy protection

by Paula Greenway | Aug 1, 2012 | Bankruptcy Filing, Bankruptcy Law, Chapter 7, Greenway Bankruptcy Law, Personal Bankruptcy

Jose Canseco, a former MLB player for multiple teams including the Oakland Athletics, has filed for Chapter 7 bankruptcy protection.Canseco, who currently plays for the Worcester Tornadoes, an independent league team, earned two World Series rings during his time in...

Bankruptcy protection sought by Stockton, CA

by Paula Greenway | Jun 26, 2012 | Bankruptcy Filing, Greenway Bankruptcy Law, Municipal Bankruptcy

Residents of Stockton, California are saddened by the news that the city will be filing for bankruptcy protection.This filing will mark Stockton as the largest city in the nation to file for bankruptcy under the U.S. bankruptcy code.Stockton is home to approximately...

Foreclosure activity in Alabama falling

by Paula Greenway | Jun 22, 2012 | Alabama Bankruptcy, Birmingham Bankruptcy, Foreclosure, Foreclosure Defense, Greenway Bankruptcy Law

Across the state of Alabama, foreclosure activity has been declining. In the month of May, the number of foreclosures that were filed fell by 20.6 percent from the filings that occurred in April.According to a mortgage researcher, one in every 1,518 houses were...
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