Fillings

Bankruptcy filings fall in July - MySanAntonio

08/01/12

Bankruptcy filings in South Central Texas fell in July compared with the same period a year ago. Overall, there were 321 bankruptcy filings last month, an almost 10 percent drop from the 352 filed in July 2011. There were 318 cases filed in June, the U.S ...

[more]

UPDATE 1-Ally Financial posts loss on bankruptcy-related charge - Reuters

08/01/12

Aug 1 (Reuters) - Ally Financial Inc, the auto lender 74 percent-owned by the U.S. Treasury, reported a second-quarter loss as it took a charge of $1.2 billion related to the bankruptcy filing by its mortgage subsidiary. The Detroit-based lender ...

[more]

Family Can't Move Into Their Home After Squatters File for Bankruptcy - ABC News

08/01/12

home for eight months have filed for bankruptcy, preventing an eviction from the sheriff's department. On July 12, a judge in Arapahoe County ruled that Veronica Fernandez-Beleta and Jose Rafael Leyva-Caraveo, the two people who were living in the home ...

[more]

Ally Financial reports loss on bankruptcy-related charge - Reuters

08/01/12

Aug 1 (Reuters) - Ally Financial Inc, the auto lender 74 percent owned by U.S. taxpayers, on Wednesday reported a second-quarter loss as it took a $1.2 billion charge related to the bankruptcy filing by its mortgage subsidiary. The Detroit-based ...

[more]

Philadelphia orchestra escapes bankruptcy - YAHOO!

08/01/12

The wind is at our back," Allison Vulgamore, the orchestra's CEO, told AFP. The Philadelphia Orchestra shocked the arts world in April 2011 when it filed for bankruptcy, demonstrating the depth and extent of the US recession. One of the so ...

[more]

Bankruptcy Attorney in Orange County CA Partners with Internet Marketing Experts to Strengthen an Already Strong Presence in Orange County. - YAHOO!

08/01/12

Bankruptcy filing in Orange County has been growing at a record pace due to ongoing financial struggles consumers are facing due to job losses and subprime home loans. While many Orange County residents consider filing bankruptcy, the need for a ...

[more]

Edison Sees Possible Generation Unit Bankruptcy, Nuclear Probes - Bloomberg

08/01/12

The unit may have to file for Chapter 11 bankruptcy protection, the company said in a filing with the U.S. Securities and Exchange Commission. The company is working to restructure about $3.7 billion in debt at Edison Mission, which has been ...

[more]

Worried about bonds and bankruptcies? - Marketwatch

07/31/12

But the list—especially in the wake of recent of bankruptcy filings in California—is seemingly getting shorter, the number of questions about such bonds is getting longer, and the job of figuring out which municipal bonds to consider as well ...

[more]

IRS Sells Young Buck Assets…to Young Buck? - Wall Street Journal

07/31/12

The auction was about two years in the making for the IRS, whose previous efforts to collect thousands of dollars in tax debt owed by Young Buck were thwarted by the rapper’s two bankruptcy filings. It finally got the go-ahead to sell such ...

[more]

Law firm Dewey secures two extra weeks of bankruptcy funding - Reuters

07/31/12

Judge Martin Glenn in a court filing approved Dewey's request to extend its funding ... it is unlikely Dewey's lenders would continue to fund a Chapter 11 bankruptcy. That would likely force Dewey to convert its case to a streamlined liquidation ...

[more]