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Bankruptcy for Belkin's telecom company
Steve Belkin's Trans National Communications International Inc., a Boston telecom provider, has filed for bankruptcy protection. The company, which listed $10 million to $50 million in debt and $1 million to $10 million in assets,
Updated: 10/12/2011 06:32P
Tipton County official pleased with solar plant progress
Abound Solar plans to start production at an unfinished auto parts factory near Tipton during 2013 and eventually employ 800 to 1000 people as part of a $400 million federal loan guarantee that President Barack Obama announced last year for company
Updated: 10/12/2011 06:26P
Bankruptcy Growing Due To Tough Economy
Although, the company did say on Monday filing bankruptcy would not be an issue. Many bankruptcy experts are saying that the possible US recession could set off a string of bankruptcies. Jay Goffman the co- head of the Government restructuring program
Updated: 10/12/2011 06:25P
Analysts See Filing as 'Isolated Event,' but Keep Eye on State's Other Cities
Harrisburg's bankruptcy shook Pennsylvania's statehouse Wednesday, but on municipal-bond trading desks, the capital city's filing barely registered. While city or county bankruptcies are rare, the $2.9 trillion municipal-bond
Updated: 10/12/2011 06:23P
Hillboro hospital operator files for bankruptcy
Chapter 11 bankruptcy allows a business to continue operating while it attempts to restructure its debt and payment obligations to creditors. “The strategic decision to pursue a financial restructuring through Chapter 11 will now allow us to protect
Updated: 10/12/2011 06:14P
What Does Harrisburg Bankruptcy Mean For Bond Holders?
With Pennsylvania's capital seeking Chapter 9 bankruptcy, citing overwhelming debt, you've got to wonder what happens to people who hold the city's bonds. The petition, docketed by US Middle District bankruptcy court Wednesday, listed about $458
Updated: 10/12/2011 06:11P
Trump to Pay $170 Million for Doral Golf Resort
Donald Trump agreed to pay $170 million for Miami's Doral Golf Resort & Spa, a luxury property put into bankruptcy earlier this year by hedge fund Paulson & Co. and Winthrop Realty Trust. The agreement will be filed with the US Bankruptcy Court in New
Updated: 10/12/2011 06:06P
Bankruptcy and divorce no longer scarlet letters
SAN DIEGO, October 12, 2011—Survey after survey shows that financial issues are one of the most common catalysts for divorce. Based on my own years of experience as a family law attorney, it's absolutely true. Unraveling a couple's financial problems
Updated: 10/12/2011 06:06P
Fewer people in debt trouble seeking counseling, other help
Bankruptcy is considered a last resort, and the cost of lawyers and other fees have gone up since the bankruptcy law changed in 2005. Also, filing for bankruptcy is a way for financially strapped people to protect their remaining assets from creditors.
Updated: 10/12/2011 06:02P
Patriot-News: Harrisburg Files For Bankruptcy
Harrisburg City Council answered the state's takeover threat by voting to seek Chapter 9 municipal bankruptcy protection Tuesday night, essentially adding the courts and more turmoil to the fight over the capital city's fate.
Updated: 10/12/2011 06:00P
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