Bankruptcy Blogs

3 companies seek bankruptcy amid weak commercial real estate market

02/21/11

"The beleaguered Las Vegas commercial real estate market was hit with three more bankruptcies last week." Read more here.

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Bankruptcy for Las Vegas' BB King Blues Club owner

02/21/11

"The owner of the B.B. King's Blues Club in the Mirage hotel and casino on the Las Vegas Strip has filed for bankruptcy protection, court records show. The filing comes as Las Vegas tries to recover after being hit hard...

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Bears’ Duerson had pending personal bankruptcy

02/21/11

"Former Chicago Bears safety Dave Duerson, who committed suicide last Thursday in Sunny Isles Beach, Fla., had filed for voluntary personal bankruptcy last September in a case that was still pending." Read more here.

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Bankruptcy exemptions in Virginia get better July 1.

02/21/11

Bankruptcy exemptions in Virginia will get a little better effective July 1, 2011.

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Bankruptcy Judge Clears Borders Store Closings

02/21/11

It's official. Borders will be closing 200 of its superstores throughout the nation, including 35 here in California. The doomsday list includes the Pasadena location, the Century City Mall store, and the Howard Hughes Center store. Call me a cynic,...

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JPMorgan says Lehman called assets "goat poo"

02/18/11

The bank has revised a lawsuit to include an allegation of fraudulent inducement to lend, asserting that Lehman and Barclay's knew that Chase's emergency loans would never paid back. Read more here.

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Bachelor Aaron Buerge: I'm in Bankruptcy, But Not Broke

02/18/11

The happily married former "Bachelor" star found true love over the course of the reality show in 2002 only to call it quits not one month later. In a somewhat insightful commentary on his debts, amounting to more than four...

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No Cure for the Foreclosureblues

02/18/11

American Banker 's recent story about regulators planning enforcement actions (and likely fines) against the big mortgage servicers is the buzz of the blogosphere. Not all the buzz is all that friendly to us, though.

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Bankruptcy is better on your job resume than bad debt

02/17/11

A bankruptcy client sent me a wonderful email yesterday.  ”I can finally see light to get on with my life.”  Why?  ”I got the job!”

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