Fillings

Filing For Bankruptcy: Why You Shouldn't Do It Alone - 24-7PressRelease.com

06/13/12

Filing bankruptcy is a complex process with many laws. Here are several reasons why you shouldn't try to file alone. June 13, 2012 /24-7PressRelease/-- Hiring an attorney to prepare a bankruptcy petition may seem like an unnecessary expense, especially ...

[more]

Bankruptcy filing stalls electric car manufacturer - KWWL

06/12/12

The plan was to bring some 300 new jobs to Webster City with a project to build electric cars at Auto Manufacturing Systems, Incorporated. Instead, Auto Manufacturing Systems has filed for Chapter 7 Bankruptcy and Webster City is out 790-thousand dollars ...

[more]

Berkshire Hathaway offers to buy assets of Ally's ResCap unit - Los Angeles Times

06/12/12

Warren Buffett's Berkshire Hathaway Inc. is offering to buy the mortgage division and loan portfolio of Residential Capital, which filed for bankruptcy protection in May. Residential Capital, also known as ResCap, is a subsidiary of Ally ...

[more]

ResCap Offers Loan Investors $8.7 Billion Bankruptcy Claim - San Francisco Gate

06/12/12

ResCap, based in Minneapolis, filed for bankruptcy May 14 with plans to sell most of its assets and to resolve lawsuits related to mortgage-backed securities. The company today won approval from U.S. Bankruptcy Judge Martin Glenn to pay wages ...

[more]

Exclusive: US Air plans antitrust filing to boost AMR bid - msnbc.com

06/12/12

A regulatory filing in the near future - as opposed to after reaching a deal - also reflects the fifth-largest U.S. carrier's desire to merge with AMR while the No. 3 U.S. airline is still in bankruptcy. AMR's management has agreed, albeit reluctantly ...

[more]

Berkshire Hathaway offers to buy ResCap unit - AP - msnbc.com

06/12/12

Warren Buffett's Berkshire Hathaway Inc. is offering to buy the mortgage division and loan portfolio of Residential Capital LLC, which filed for bankruptcy protection in May. Residential Capital, also known as ResCap, is a subsidiary of Ally Financial Inc ...

[more]

Maine lawyer appointed to ride herd on American Airlines bankruptcy fees - Dallas Morning News (blog)

06/12/12

Or, the court put it in Tuesday’s filing: “The Fee Examiner’s purpose will be to assist the court in determining whether the Applications comply with the Bankruptcy Code and applicable rules and guidelines, as well as to provide transparency in the ...

[more]

Former FNCB board member Cestone files for bankruptcy - Scranton Times-Tribune

06/12/12

Former board member of Dunmore-based First National Community Bank Michael G. Cestone filed for bankruptcy and is seeking protection from creditors. He estimates liabilities between $100,000,001 and $500 million and assets between $50,001 and $ ...

[more]

Can a Past Bankruptcy Harm My Job Chances? - FOXBusiness

06/12/12

I filed personal bankruptcy nine years ago due to unemployment and no medical insurance when my wife was diagnosed with MS. An attorney suggested I file at the time of the diagnosis. I work in financial services and have been denied positions ...

[more]

ResCap Offers Investors $8.7 Billion Bankruptcy Claim - Bloomberg

06/12/12

ResCap, based in Minneapolis, filed for bankruptcy May 14 with plans to sell most of its assets and to resolve lawsuits related to mortgage-backed securities. The case is In re Residential Capital LLC, 12-12020, U.S. Bankruptcy Court ...

[more]