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Fannie Mae gets tough on 'strategic' mortgage defaults
Changing bankruptcy laws to allow bankruptcy judges to reduce debtors' mortgages is an example, he says. "I'm not a big fan of using the stick to get people
Updated: 07/18/2010 08:56P

Staring Down Lenders, Selig Complicates Rangers' Sale
Instead, they and their lawyers are arguing over bankruptcy procedures like stalking horses and break-up fees. An auction is now set to take place on Aug.
Updated: 07/18/2010 08:45P

Chrysler dealer loses fight to keep Maryland locations open
An arbitrator ruled in favor of the automaker, which pulled the plug on Fitzgerald's franchises as part of its bankruptcy reorganization last year.
Updated: 07/18/2010 08:08P

Hedge-Fund Manager Despairs, Declares 'Time Bankruptcy,' Quits
He declares time bankruptcy.? Pressley: HFM says his fund later gave too much credence to its own CDO expert. Gessen: They had a CDO expert who had been
Updated: 07/18/2010 07:32P

Challenges stack up for diverse sector
The national carrier in Japan, the world's second-largest economy, sought bankruptcy protection. Passenger numbers plunged, fuel prices soared and airlines
Updated: 07/18/2010 07:31P

Debt-ridden young adults seek professional help on money management
By the time they're 30, they are so debt-ridden they have to seek professional help to get out of bankruptcy. Credit Counselling and Debt Management Agency
Updated: 07/18/2010 07:17P

Bankruptcy as mortgage relief: Shrewd or shameful?
Faced with uncooperative lenders and bleak job prospects, a growing number of Americans are turning to Chapter 7 bankruptcy as the solution to their
Updated: 07/18/2010 07:12P

Monday Could be Auction Day for Brown Publishing Newspapers
The ruling by US Bankruptcy Judge Dorothy Eisenberg in Central Islip, NY, would seem to ensure that there will be at least one more bidder in addition to
Updated: 07/18/2010 07:12P

Google and IRS on bankrupt travel firm's list of creditors
The company presented a list of creditors to a Florida court as it announced it is consolidating Chapter 11 bankruptcy protection for both its Irish parent
Updated: 07/18/2010 07:12P

Biltmore, Coral Gables wrangle over $2.3 million in past-due rent
In 1968, The Biltmore closed for 18 years, re-opened in 1986 and went into Chapter 11 bankruptcy in 1990. Seaway took over in 1992.
Updated: 07/18/2010 06:59P

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