DC Bankruptcy Lawyers.com

DCBankruptcy Lawyers.

February 06, 2012

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	News about Bankruptcy in DC and nationwide: U.S. Trustee Program Announces Stipulated Agreement WASHINGTON, D.C.–The United States Trustee Program announced today that it ... Read more > The Honorable Jed Rakoff Approves Settlement of SEC'S Claim for a Civil Penalty Against Worldcom In its Opinion and Order, the Court concluded that "the proposed settlement is not only fair and reasonable but as good an outcome as anyone could ... Read more > More Bankruptcy News >

Bankruptcy Terms

Today's Terms

Foreclosure

Definition:
Your mortgage lender may start a foreclosure action and sell your home at a Sheriff's sale. If the sale nets less than you owe, there will be a "deficiency balance" that you will own to the lender.

Chapter Seven

Definition:
Liquidation proceedings; generally assets are sold by a trustee and the company ceases operation. (Individuals may file Chapter 7 also.)

Bankruptcy estate

Definition:
Generally, the property of the debtor that is subject to the jurisdiction of the bankruptcy court.

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Bankruptcy Resources

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Bankruptcy Hot Topics

Topics Related to Bankruptcy:

Chapter 7
Chapter 13
Chapter 11
Chapter 12
Chapter 9

DC Bankruptcy Attorney

If you live in the following cities and need a Bankruptcy attorney you should contact our Bankruptcy Attorney as soon as possible:

Washington DC
Adams Morgan
Anacostia
Capitol Hill
Cathedral Heights
Chevy Chase
Chinatown
Columbia Heights
Dupont Circle

Foggy Bottom
Friendship Heights
Georgetown
Glover Park
Logan Circle
Mount Vernon Square
Mount Pleasant
Shaw
Woodley Park

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