News

Cheboygan Memorial Hospital sold to McLaren Health Care - Petoskey News-Review

03/24/12

CHEBOYGAN, Mich. (AP) — A federal judge has approved the sale of Cheboygan Memorial Hospital to Flint-based McLaren Health Care Corp. The hospital said in a statement Friday that Judge Daniel Opperman of the U.S. Bankruptcy Court in Bay City ...

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Unhappy investor bets Greektown Casino could make more money - Zanesville Times Recorder

03/24/12

The filings reveal a significant rift over the recovery strategy ... since Greektown shed $500 million in debt from its bottom line in Chapter 11 bankruptcy. "Greektown should be much better off" at this point, said Jake Miklojcik of Michigan ...

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Chapter 11 Bankruptcy Lawyer - Los Angeles. Law Offices of Robert K. Lee, Esq. A State Bar Certified - PR-USA.net

03/24/12

Law Offices of Robert K. Lee successfully reorganizes a single asset real estate case in federal bankruptcy court. He is a State Bar Certified Chapter 11 bankruptcy Specialist Los Angeles bankruptcy lawyer. The specific terms are yet to be disclosed, but ...

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While cell phones can be necessary for travel, particularly long distance travel, studies have shown - PR-USA.net

03/24/12

... bankruptcy solely as a financial decision and not be embarrassed when you seek the protection bankruptcy can provide. Underwater Mortgage: Short Sale or Bankruptcy Recently, Illinois' wealthy have seen the advantages of bankruptcy, often filed in ...

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I filed bankruptcy. Why are they after me? - Yahoo Finance

03/24/12

When you file for bankruptcy, the bank will notify the collection agency that you filed and that the debt was included. In other cases, the debt is purchased by a debt collection company. That company pays pennies on the dollar for the debt with ...

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Trustee suggests Direct Air’s liquidation - Buffalo News

03/24/12

Direct Air’s prospects for a comeback are all but over, after a federal official requested a judge convert the airline’s bankruptcy case to a Chapter 7 liquidation. “In light of the fact that [Direct Air] has ceased operations and is ...

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Bankruptcy Reforms Have Caused Significantly Higher Costs for Filers - 24-7PressRelease.com

03/24/12

Before the 2005 bankruptcy reforms hit the books, the average cost of a Chapter 7 bankruptcy case was $900. According to the study, that figured skyrocketed by more than 55 percent to $1,399 as of the end of 2011. So why did the reforms have such a ...

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Blue Springs Ford files for bankruptcy protection - Kansas City Star

03/23/12

Blue Springs Ford, facing a $2 million judgment for selling a rebuilt wreck without disclosing it, has filed for bankruptcy protection. The dealership on Wednesday filed a Chapter 11 bankruptcy, which allows a company to reorganize and keep ...

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Some Families Are Putting Their Tax Refunds Toward Bankruptcy - YAHOO!

03/23/12

More families have been using their tax rebates to file for bankruptcy, reports the Columbia University Mailman School of Public Health.  In 2001, bankruptcies increased 2 percent after receiving rebates but increased 7 percent in 2008, according to the ...

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Why A Sprint Bankruptcy Is Unlikely - Seekingalpha.com

03/23/12

Moffet says that the risk of Sprint filing for bankruptcy is currently 50% ... Sprint expects $6 billion in capital expenditures in 2012, adjusted OIBDA of $3.7 to $3.9 billion, and for all Nextel customers to switch to the Sprint platform by mid-2013.

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