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Filings for bankruptcy hit new low in August
That means consumers have less rope to hang themselves with. sumer credit is tight and households are not using credit as much as they have in the past,” said Jeffrey Freedman, bankruptcy lawyer and senior partner at Jeffrey Freedman Attorneys at Law,
Updated: 09/14/2011 08:26A
Increase in Bankruptcies Among College Educated
South Portland, ME - Neither a college education or high paying job apparently is enough to protect consumers against filing for personal bankruptcy. That's according to the 2010 Annual Consumer Bankruptcy Demographics Report released by the Institute
Updated: 09/14/2011 08:25A
Emails Show White House Pressure Ahead of Solar Company Loan Approval
In addition to raiding the company's headquarters, the FBI also interviewed Solyndra executives at their home following the company's bankruptcy announcement. The FBI has not said what the investigation is focused on but it is widely believed to be
Updated: 09/14/2011 08:23A
Lawsuit claims Boeing stole ideas from former partner
Birmingham-based Alabama Aircraft Industries , emerging from bankruptcy protection, claims in a lawsuit that former partner Boeing Co. won a $1.1 billion US Air Force contract by stealing proprietary information stemming from a joint venture between
Updated: 09/14/2011 08:20A
Americans with Advanced Degrees Are Increasingly Filing for Bankruptcy
A new study by the Institute for Financial Literacy chronicles increasing rates of bankruptcy for Americans with advanced degrees. The study found that the percentage of debtors with advanced degrees rose from 4.9 percent in 2006
Updated: 09/14/2011 08:19A
Euro summit to discuss Greek debt
German Chancellor Angela Merkel sought to calm fears this week and distanced herself from comments by her vice chancellor and others who suggested a Greek bankruptcy was possible. Ms Merkel, French President Nicolas Sarkozy and Greek Prime Minister
Updated: 09/14/2011 08:17A
Bankruptcy Won't be Warded Off by Job, Marriage, College
Bankruptcy may actually be linked to getting married, earning a college degree or landing a well-paying job, The Wall Street Journal reports. A study released Tuesday by the Institute for Financial Literacy found that from 2006 to 2010,
Updated: 09/14/2011 08:15A
Franklin shopping center at center of Carstensen bankruptcy
The foreclosed--and controversial--Shoppes of Wyndham Village, in Franklin, is at the center of a Chapter 7 personal bankruptcy filing by developer Mark Carstensen. They show a claim pending against Carstensen of
Updated: 09/14/2011 08:11A
Alabama Aircraft Industries sues, says Boeing Co. stole secrets
(The Birmingham News/Linda Stelter) Alabama Aircraft Industries, emerging from bankruptcy protection, has sued former partner Boeing Co., saying the defense contracting behemoth won a $1.1 billion Air Force contract by stealing proprietary information
Updated: 09/14/2011 08:06A
14/09/2011Dutch investigating fall-out of Greek bankruptcy
The Dutch finance ministry regards the bankruptcy of Greece as inevitable. The cabinet assumes Greece will not be able to meet its financial obligations. News channel RTL Nieuws made the above statement based on information provided by reliable sources
Updated: 09/14/2011 08:04A
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