News

Are You Too Broke to Go Bankrupt? - US News and World Report

07/26/12

resulting in bankruptcy filings becoming more expensive and more difficult to execute. The United States Government Accountability Office estimated that the average attorney fee for a Chapter 7 case increased from $712 in February and March 2005 ...

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Bankruptcy filing spurs Ritz Camera to refocus — again - Maryland Community Newspapers Online

07/26/12

Three years after narrowly escaping liquidation, Ritz Camera & Image of Beltsville — one of the world’s largest retail photography companies — is roughly halving its chain of 265 stores and adjusting its business strategy as it again has ...

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Bankruptcy filing spurs Ritz Camera to refocus — again - Maryland Community Newspapers Online

07/26/12

Three years after narrowly escaping liquidation, Ritz Camera & Image of Beltsville — one of the world’s largest retail photography companies — is roughly halving its chain of 265 stores and adjusting its business strategy as it again has ...

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BUSINESS: Waterloo Gardens files for Chapter 11 - Main Line Media News

07/26/12

WEST WHITELAND — Waterloo Gardens filed for Chapter 11 bankruptcy protection last month following an announcement it would shut down its Devon location. The garden center and Waterloo Landscaping Inc., like many businesses dependent on ...

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Hostess is bankrupt … again - CNN

07/26/12

Away from the sideshow over executive pay, the parties continued to wrangle in bankruptcy litigation. They've been at it for months, in court and in closed-door negotiations. On one side are the Teamsters, and on the other are the two hedge ...

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Hostess is bankrupt … again - CNN

07/26/12

Away from the sideshow over executive pay, the parties continued to wrangle in bankruptcy litigation. They've been at it for months, in court and in closed-door negotiations. On one side are the Teamsters, and on the other are the two hedge ...

[more]

FHA Short Sale Success With Citimortgage in Middletown: Here's How - Patch

07/26/12

This particular client had contacted me after filing bankruptcy to short sale his Middletown home. As I've said many times before, bankruptcy usually does not get rid of your house, only the liability for the debt.  You still need to sell your ...

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Bankruptcy Surprisingly Expensive According to Debtors - PRWeb

07/26/12

During the game of Monopoly you take the risk that you will eventually lose and be ‘bankrupt’. You’re fully aware that bankruptcy in Monopoly will mean sitting by the side line waiting for a winner, although more often than not the game trundles on ...

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Inland Real Estate poised to buy Oklahoma City-area retail center out of bankruptcy - Daily Oklahoman

07/26/12

Buyer lined up Last week, Collins asked the bankruptcy judge to approve Inland's purchase. It was the second request. Collins asked the judge to approve a sale to Inland last spring, court records show, but the deal fell apart when Inland made last-minute ...

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AMR Group, LSP Energy, Patriot Coal: Bankruptcy - Bloomberg

07/26/12

The bankruptcy case is In re AMR Corp., 11-15463 ... The bid would permit the payment of a so-called break-up fee of $7.5 million to stalking horse bidder South Mississippi Electric Power Association, or SMEPA, court files revealed.

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