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Know your options if seeking help with debt
By Jacquelyn Martin, AP Gan Golan of Los Angeles holds a ball and chain representing his college loan debt during Occupy DC activities in Washington. By Jacquelyn Martin, AP Gan Golan of Los Angeles holds a ball and chain representing his college loan
Updated: 11/15/2011 06:34P
MFGI trustee files expedited claims process
relief for customer accounts, to the extent they are possible and consistent with the law. The Trustee is pursuing such options. Any such relief, if possible, would be on public notice, and presented to the Bankruptcy Court for approval.
Updated: 11/15/2011 06:29P
Syms Files Chapter 11; F.C. Store to Close January 9
Syms, the 52-year-old discount department store chain which purchased Filene's Basement in 2009 bankruptcy auction, has filed for Chapter 11 bankruptcy protection and is shutting down all of its stores by the end of January.
Updated: 11/15/2011 06:26P
White House officials knew Solyndra's condition before Obama's visit
Solyndra had received a $535 million loan guarantee from the Department of Energy in September 2009 as part of $36 billion in American Recovery and Reinvestment Act money for clean energy projects. Report an error: See something wrong in this story?
Updated: 11/15/2011 06:25P
Brant's SP Newsprint Files for Bankruptcy
But even businesses based in the wealthy town aren't immune from bankruptcy. SP Newsprint, one of the country's biggest newsprint makers, filed for Chapter 11 protection on Tuesday in federal bankruptcy court in Delaware. In a court filing,
Updated: 11/15/2011 06:20P
JPMorgan Seeks Full Value for $6 Billion Claims on Lehman
15, 2008, bankruptcy, failed to sell collateral securing the loans in a “commercially reasonable manner,” it alleged. The biggest US bank answered Lehman today in a court filing, saying it generated more than $18 billion of cash from the sale of
Updated: 11/15/2011 06:12P
Orange County sheds biggest US bankruptcy title
SAN FRANCISCO, Nov 15 (Reuters) - It took 17 years, but Orange County, California has finally been deposed as title holder for the biggest municipal bankruptcy in US history. Jefferson County, Alabama, once a top industrial hub in the
Updated: 11/15/2011 06:12P
CFTC commissioner views MF Global darkly
MF Global , which lost on big bets on European debt, filed for bankruptcy on October 31 after a deal to sell itself to Interactive Brokers Group fell apart. A huge shortfall was discovered in the customer accounts of the company's brokerage,
Updated: 11/15/2011 06:11P
5 Ways the Catholic Diocese or Chapman University Can Sweeten Their Offers to
15 2011 at 3:01 PM ?A bankruptcy judge has said he'll make a decision Thursday on who the winning bidder is for Crystal Cathedral, Orange County's original Protestant megachurch that was completed in Garden Grove in 1980 and is now $46 million in debt.
Updated: 11/15/2011 06:06P
Powering Inferno: Chevy Volt and GM Going Down in Flames-Literally
And of the Barack Obama Administration's puffing up for political and campaign purposes GM's alleged “recovery” from its bankruptcy. (A bankruptcy, by the way, that could have just as easily transpired without our $50 billion.
Updated: 11/15/2011 06:04P
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