Airlines Reporting Corp. looked at data for tickets bought between January 2013 through July 2014 to figure out the sweet spots for lowest fares. At the eight- and 24-week points, the report says, fliers saved 19% on domestic flights and 27% on international flights.
Active bankruptcy means an individual or business has filed paperwork for bankruptcy and the case is ongoing. This takes quite some time in many cases and the case can be active for awhile. 6 people found this useful.
During the chapter 7 or 11 bankruptcy, the debtor continues to file an individual tax return on Form 1040. The bankruptcy trustee files a Form 1041 for the bankruptcy estate. However, when a debtor in a chapter 11 bankruptcy case remains a debtor-in-possession, he or she must file both a Form 1040 individual return and a Form 1041 estate return for the bankruptcy estate (if return filing requirements are met).