News

AMR Likely to Consider Merger in Bankruptcy, Adviser Says - Bloomberg

04/25/12

The case is In re AMR Corp. (AAMRQ), 11-15463, U.S. Bankruptcy Court, Southern District of New York (Manhattan). To contact the reporter on this story: David McLaughlin in New York at [email protected] To contact the editor responsible ...

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InCharge to Exhibit at NACBA Annual Convention in San Antonio - YAHOO!

04/25/12

The number means that Texas ranked 10th for bankruptcy filings on a per capita basis (i.e. bankruptcies per number of residents in the state). "The numbers have improved slightly but many consumers are still facing economic struggles and bankruptcy is ...

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Americans Struggle With Student Debt, Even After Filing For Bankruptcy - Huffington Post

04/25/12

And litigating in bankruptcy court may be impossible financially for someone ... the largest private lender, which originated $2.7 billion in education loans last year, has predicted changing the law would affect the availability of credit ...

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The Elms Development files for bankruptcy - The Business Journal

04/25/12

A South Shore development company formed in 2002 to provide housing for residents 55 and older filed Wednesday under Chapter 7 of the federal bankruptcy code, a step that usually involves liquidation The Elms Development LLC, of Hanover, Mass., listed zero ...

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Safety Systems Hawaii owner files Chapter 11 - The Business Journal

04/25/12

The California-based owner of Safety Systems Hawaii, the state's largest traffic control and safety service provider, filed for Chapter 11 bankruptcy protection last week. The Honolulu Star-Advertiser reports that Traffic Control and Safety Corp ...

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WRAPUP 2-Delta, US Air post losses, but say demand solid - Reuters

04/25/12

The results at Delta and US Airways follow operating losses reported last week by Southwest Airlines Co and American Airlines parent AMR Corp, which had heavy expenses tied to its reorganization as it operates under Chapter 11 bankruptcy protection.

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Even after bankruptcy, trapped by student debt - msnbc.com

04/25/12

By JUSTIN POPE AP Education Writer Even after the ordeal of filing for bankruptcy, families like Ohio schoolteachers Devin and Sarah Stang and their four children find a truly clean financial slate remains out of reach - because much of their debt comes ...

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Even after bankruptcy, trapped by student debt - Houston Chronicle

04/25/12

And litigating in bankruptcy court may be impossible financially for someone ... can cumulatively borrow up to $31,000 in federal Stafford loans, and in some cases, as much as $57,500). Now, they're doing so. Finally, if the spigot of private loans cut ...

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Even after bankruptcy, trapped by student debt - Findlaw.com

04/25/12

Even after the ordeal of filing for bankruptcy, families like Ohio schoolteachers Devin and Sarah Stang and their four children find a truly clean financial slate remains out of reach — because much of their debt comes from private student loans.

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JCRA Head Slams Liberty Harbor Developer for Chapter 11 Filings - The Jersey City Independent

04/25/12

The Liberty Harbor complex along Grand Avenue may be be “sold out and rented up,” as developer Peter Mocco put it, but he maintains three of his LLCs had no choice but to file for Chapter 11. The “strategic bankruptcy” move will “clear ...

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