News

The Surprising Way Many Americans Spend Their Tax Refunds - LiveScience.com

03/29/12

Forget splurging on vacations or new iPads, a surprising number of Americans will spend their tax refunds on something you might not expect — filing for bankruptcy. That's the finding of a researcher who studied the relationship between the increased ...

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Reuters reports Hawker preparing for bankruptcy - KSN.com

03/29/12

WICHITA, Kansas --Reuters and other news organizations that Hawker Beechcraft is preparing to file for bankruptcy over the next few weeks. Hawker is negotiating a prearranged bankruptcy with its largest lenders, which include Centerbridge Partners ...

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Ally agrees to postpone lawsuit deadline - Marketwatch

03/29/12

Bondholders of ResCap could use a previous transfer of ownership in the online bank as a bargaining chip as Ally prepares a possible bankruptcy filing for the mortgage subsidiary. Mounting loan losses and numerous lawsuits over soured mortgage ...

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Things to consider before hiring a Los Angeles Bankruptcy Lawyer - PR-USA.net

03/29/12

Los Angeles bankruptcy lawyers are essential while voyaging through a bankruptcy case. The legal points and loop holes associated with bankruptcy are not common to a normal individual. Those attorneys specialized in bankruptcy can help you to make the ...

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Hawker Beechcraft preparing bankruptcy filing, report says - Worldnews.com

03/29/12

The World News (WN) Network, has created this privacy statement in order to demonstrate our firm commitment to user privacy. The following discloses our information gathering and dissemination practices for wn.com, as well as e-mail newsletters.

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MF Global Hearing, EPA ‘War on Coal’, EU Freight: Compliance - Bloomberg

03/29/12

The bankruptcy trustee overseeing liquidation of the firm ... Co-Op CEO Adds to Concern Lloyds Bank Branch Sale May Collapse Co-Operative Group Ltd. Chief Executive Officer Peter Marks said told reporters today there are “very material ...

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A fare plan, just for now - Boston Herald

03/29/12

When it comes to MBTA fare hikes the anticipation is usually worse than the outcome, and the debt-ridden agency yesterday announced a reasonable-under-the-circumstances plan to combine fare hikes with service reductions to avoid straight up bankruptcy.

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State by state bankruptcy statistics, 2005-2011 - CreditCards.com

03/29/12

Bankruptcy filings dropped a steep 12 percent in 2011, and while some experts attribute it to more cautious consumer spending and a decline in credit card debt, others say there we're just running out of people who can who can benefit from filing.

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Hawker Beechcraft Is Said to Be Preparing for Bankruptcy Filing - New York Times

03/29/12

The business jet maker Hawker Beechcraft is readying a bankruptcy filing, people briefed on the matter said on Wednesday, dealing a blow to its private equity owners, Goldman Sachs and Onex Partners. Hawker, which is based in Wichita, Kan.

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Longer Philly Orchestra bankruptcy may be in the cards - Philadelphia Daily News

03/29/12

McMichael, the association's chief bankruptcy lawyer. "That's why we have courts ... the association in exchange for the musicians' services after the Chapter 11 filing on April 16, 2011. "It would be impossible for the debtor to operate ...

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