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Rudins Close on Purchase of St. Vincent’s Campus

10/03/11
Rudin Management

The Rudin family, a New York real-estate dynasty, announced Monday that they closed on their $260 million purchase of St.

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Credit Card Charges, Installment Loans & Medical Bills Cause Bankruptcies to Soar

10/03/11

It’s a nasty habit. Even an addiction. It costs a fortune. And it’s causing bankruptcies to skyrocket. What is it? Buying things on credit, aka buying things “on time.” Here’s what often happens. (Does the following sound familiar?) You start charging things to your credit card. Month after month, the amount you owe increases. Your [...]

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7 Shocking (and Costly!) Facts About Consumer Credit Counseling

10/03/11

(NOTE: This information refers to credit counseling other than what is required for bankruptcy pre-filing credit counseling. Talk to the Fonfrias Law Group for approved agencies.) SHOCKING FACT #1: Credit counselors work for your creditors, not for you. A former Assistant Attorney General for the state of Texas said this about Consumer Credit Counseling Services: [...]

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What Part Of ‘Worthless’ Don’t Blockbuster Investors Understand?

09/30/11

By Katy Stech and Joseph Checkler

“Please don’t buy our stock” isn’t a common request from most companies, but that’s essentially what Blockbuster Inc.’s parent company is being forced to tell investors after a weird surge in the video rental company’s shares since last week.

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The Daily Docket: Friendly’s Restaurants Preparing Bankruptcy Filing

09/30/11

The Friendly’s restaurant chain is preparing for a possible Chapter 11 bankruptcy filing and potential sale, The Wall Street Journal reports.

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