363 Sales

Short sales that fail tend to end up as foreclosures instead ... after the housing crash reduced the value of its mostly subordinated loans, filed for bankruptcy in June. Its reorganization plan, approved by lenders, would let it transfer ...

"Bankruptcy brings a brutal recognition of the new normal ... When the housing bubble burst, property tax revenue fell by 30 percent and sales tax receipts dropped 20 percent. By 2008, the city was facing a $16 million deficit.

Kodak fired back, calling the suit "a ploy calculated to prevent the debtors from using the [bankruptcy] sale process to obtain a fair price for Kodak's digital capture portfolio (or to enable Apple to buy it on the cheap and extinguish its ...

Seven U.S. municipalities filed this year. For Stockton and San Bernardino, bankruptcy comes after years of sagging retail sales and lower property values dried up tax revenue. In Mammoth Lakes’ case, the ski town lacks the money to pay a $43 ...

Options have been made available to homeowners trying to avoid foreclosure; options like repayment, mortgage modification, deed in lieu of foreclosure, Bankruptcy, and short sale. In this article we will take a look at these different options ...