News Topic: Uncategorized

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A federal appeals court has reinstated sanctions against a New Jersey law firm and attorney for attempting to foreclose on a suburban Philadelphia couple using “robo-produced” mortgage data that was fraught with errors. Read the Daily Bankruptcy Review ... Read full article

A bankruptcy judge indicated Wednesday that creditors may not have to wait long to find out whether she will confirm Washington Mutual Inc.’s $7 billion Chapter 11 plan. Read the Daily Bankruptcy Review story here . ... Read full article

Cerberus Capital Management LP remains interested in buying 64 Innkeepers USA Trust hotels for a lower price than the private-equity firm had agreed to in a previous deal, The Wall Street Journal reports . ... Read full article

Reverse Mortgages: A Popular Way to Finance Retirement – But Beware of Scam Artists Many seniors enter their “golden years” with bleak prospects because of increasing debts, poor debt management and decreasing buying power. One thing many seniors have in ... Read full article

Barnes Bay Development Ltd. is reworking its plan to exit bankruptcy protection under the control of Starwood Capital Group after a group of wealthy investors who put down millions of dollars in deposits on luxury Caribbean vacation residences complained ... Read full article

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A Delaware bankruptcy judge Friday said he would approve Capmark Financial Group Inc.’s Chapter 11 plan that will see what was once on of the nation’s largest commercial-real-estate lenders exit bankruptcy as a shadow of its former self. Read the Daily ... Read full article

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