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Sparrows Point cleanup to go on, despite bankruptcy - Baltimore Sun

06/01/12

The bankruptcy filing by the owner of Sparrows Point casts yet another cloud over the future of steel-making there, but spokespeople for RG Steel and the Maryland Department of the Environment both say it should have no effect on the cleanup of ...

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Personal Bankruptcy, Rebuilding Credit, and the Self Employed - jdsupra.com

06/01/12

A bankruptcy filing stays on your credit report for ten years. General credit accounts take seven years to fall off. An individual’s credit really doesn't start to repair until after a debtor receives a bankruptcy discharge. MCGRATH & SPIELBERGER ...

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Plans for Utah Resort Go Up in Flames - Wall Street Journal

06/01/12

Arlin last week filed for Chapter 11 bankruptcy protection, unable to pay its taxes and at risk of losing the property in a sheriff’s sale. The developer’s mortgage lender, R.E. Loans, is operating under bankruptcy protection itself and ...

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Dynegy Bankruptcy Settlement With Creditors Approved - Bloomberg

06/01/12

The deal was reached after a court-ordered investigation found that Dynegy moved assets away from creditors for the benefit of shareholders ahead of the bankruptcy filing. The probe found the transfer of coal-fired plants to the parent company ...

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Steep drop in May bankruptcies - MySanAntonio

06/01/12

Fewer people filed for bankruptcy in South Central Texas in May compared with April and the same period last year. Overall, there were 296 bankruptcy filings last month, a 23 percent decline from the 386 filed in April and an 18 percent drop from the 361 ...

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Dewey Creditors Represented By Legal Recruiter, Car Service - Bloomberg

06/01/12

Tracy Hope Davis, who oversees bankruptcies in the New York region, listed HireCounsel, Inta Boro Acres Inc. and Fidelity National Capital Inc. in a notice of the appointments filed in U.S. Bankruptcy Court in Manhattan yesterday. The defunct ...

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Hawker Beechcraft exploring sale, lawyer tells bankruptcy court - Wichita Eagle

05/31/12

“Depending on what we get, this case could become even more interesting.” The planemaker filed for Chapter 11 bankruptcy protection May 3. The company has been hurt by a prolonged downturn in the business jet industry and from its heavy debt ...

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The Top Five, Depressingly Common Reasons People Go Bankrupt - The Business Insider

05/31/12

On average, 5,102 Americans filed for bankruptcy each day that court was in session over the first four months of this year — and that’s the good news. Bankruptcy filings are down 13 percent so far in 2012, according to the American Bankruptcy Institute.

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UPDATE 4-RG Steel files Ch 11; cites steel market deterioration - Reuters UK

05/31/12

May 31 (Reuters) - RG Steel LLC filed for Chapter 11 bankruptcy protection on Thursday, saying it could not overcome the deterioration of the steel market and would sell off the three plants it bought from Russian steelmaker Severstal for $1.2 billion.

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Harrisburg City Council members launch petition against bankruptcy prohibition - PennLive.com

05/31/12

Last year, legislators changed the commonwealth's fiscal code, preventing the city from filing for bankruptcy until July 1, and state officials said they might consider enacting legislation that would prolong the moratorium. Language included in ...

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