Liquidation

PA lawmakers again deny bankruptcy option for state's capital - YAHOO!

07/02/12

were thwarted by state legislators over the weekend who extended the bankruptcy filing ban until November 30. "The legislature made a decision," Governor Tom Corbett told reporters late on Saturday after signing the bill and Pennsylvania's new $27.7 ...

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The Daily Docket: Lehman Sells Aurora Bank

07/02/12

Lehman Brothers Holdings Inc. said Friday it has sold its Aurora Bank FSB subsidiary, a move that should help funnel some $1.5 billion into the pockets of Lehman’s creditors. Read the Daily Bankruptcy Review article via The Wall Street Journal.

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Bankruptcy Attorney in Riverside Promotes Free Consultations For Residents Hit Hard By The Housing And Job Markets. - YAHOO!

07/02/12

For more information visit http://www.bankruptcyattorneyinriverside.com/ The first step before doing anything is to see whether an individual will be filing will be for a Chapter 7 or a Chapter 13 bankruptcy. Prior to filing a Chapter 7 bankruptcy ...

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Bankruptcy May Help, Not Hurt Credit in the Long Run - 24-7PressRelease.com

07/01/12

Many people falsely believe that bankruptcy ruins credit scores. In fact, bankruptcy can allow consumers to discharge debts and restore good credit in as little as a couple of years. July 01, 2012 /24-7PressRelease/-- Many people believe that filing for ...

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Dewey Proposals to Hire Advisers Assailed by Trustee - Bloomberg

06/30/12

Law firm Dewey & LeBoeuf LLP was assailed by the U.S. trustee who supervises bankruptcies over nine proposals to hire advisers, including the law firm of Togut Segal & Segal LLP, and a six-week budget of $7 million ... in U.S. Bankruptcy Court ...

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Bankruptcy Attorney Corona Searches Still Going Strong on Internet, Bankruptcy … - YAHOO!

06/30/12

It is important to note that filing for bankruptcy is a very serious matter and should not be taken lightly. In order to qualify, one must use the means test; it is used by courts to determine eligibility for Chapter 7 or Chapter 13 bankruptcy. It was ...

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Bankruptcy law related to small business – Get out of debt problems - Small Cap Network

06/30/12

Different types of bankruptcy In a Chapter 7 bankruptcy, your assets get liquidated. In a Chapter 13 bankruptcy, the debtor needs to formulate a suitable plan to pay off the outstanding debts within a time period of three to five years. You pay a certain ...

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Hawaii’s Hoku Corp. running out of cash, considering bankruptcy - The Business Journal

06/29/12

As of May 31, Hoku had cash and cash equivalents of $5.8 million, other current assets of $7.6 million and current liabilities ... plant of Hoku Materials and restructuring in bankruptcy. Hoku is working with Imperial Capital to help it in ...

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Obamacare, Medical Bills & Bankruptcy - jdsupra.com

06/29/12

Medical treatment and and the ever rising costs are a big deal. I would guess that about 30-50% of the bankruptcy cases I file have a large amount of medical debt. And by large I mean $25,000 or more. And sometimes it is not so much the total amount of ...

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Victor Valley Community Hospital files for bankruptcy - Contra Costa Times

06/29/12

VICTORVILLE - Victor Valley Community Hospital has filed for Chapter 11 bankruptcy protection in large part because ... In the past year, the number of Medi-Cal patients it served has increased 7 percent to 40 percent, Sullivan said.

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