101 bankruptcy Online Bankruptcy Resources
Home Bankruptcy Guide Bankruptcy Resources Links About
Bankruptcy News Archive
Apr 2015 | Mar 2015 | Feb 2015 | Jan 2015 | Dec 2014 | Nov 2014 | Oct 2014 | Sep 2014 | Aug 2014 | Jul 2014 | Jun 2014 | May 2014 | Apr 2014 | Mar 2014 | Feb 2014 | Jan 2014 | Dec 2013 | Nov 2013 | Oct 2013 | Sep 2013 | Aug 2013 | Jul 2013 | Jun 2013 | May 2013 | Apr 2013 | Mar 2013 | Feb 2013 | Jan 2013 | Dec 2012 | Nov 2012 | Oct 2012 | Sep 2012 | Aug 2012 | Jul 2012 | Jun 2012 | May 2012 | Apr 2012 | Mar 2012 | Feb 2012 | Jan 2012 | Dec 2011 | Nov 2011 | Oct 2011 | Sep 2011 | Aug 2011 | Jul 2011 | Jun 2011 | May 2011 | Apr 2011 | Mar 2011 | Feb 2011 | Nov 2010 | Oct 2010 | Sep 2010 | Aug 2010 | Jul 2010 | Jun 2010 | May 2010 | Apr 2010 | Mar 2010 | Feb 2010 | Jan 2010 | Dec 2009 | Nov 2009 | Oct 2009 | Sep 2009 | Aug 2009 | Jul 2009 | Jun 2009 | May 2009 | Apr 2009 | Mar 2009 | Feb 2009 | Jan 2009 | Dec 2008 | Nov 2008 | Oct 2008 | Sep 2008 | Aug 2008 | Jul 2008 | Jun 2008 | May 2008 | Apr 2008 | Mar 2008 | Feb 2008 | Jan 2008 | Dec 2007 | Nov 2007 | Oct 2007 | Sep 2007 | Aug 2007 | Jul 2007 | Jun 2007 | May 2007 | Apr 2007 | Mar 2007 | Feb 2007 | Jan 2007 | Dec 2006 | Nov 2006 | Oct 2006 | Sep 2006 | Aug 2006 | Jul 2006

Home > Bankruptcy News

Bankruptcy News Jul 2007

Previous 1 2

Georgia bankruptcy rate second highest in country
WASHINGTON (Dow Jones/AP) — Almost two years after lawmakers amended the U.S. Bankruptcy Code to reduce filing rates, several regions in the Southeast continue to see elevated numbers of consumer bankruptcy cases, a phenomenon some experts attribute in part to local culture. [ Submit your comments below. ] Bankruptcy numbers over the past few months appear to be slowing down or leveling off in ... (Fri, 20 Jul 2007 12:17:46 GMT)

Bankruptcy court gives Tyrone Hospital to August to do paperwork
TYRONE, Pa. (AP) - The Tyrone Hospital has until next month to present a federal bankruptcy court with its reorganization plans. A US bankruptcy judge gave the hospital until August 2nd after it missed an initial July 15th deadline. (Fri, 20 Jul 2007 15:11:59 GMT)

Cousino Still in Bankruptcy
You must be a member to add a comment! The Republican nominee for Macon mayor says he has been in bankruptcy since 2004 for failing to make house payments. (Fri, 20 Jul 2007 17:07:11 GMT)

Frozen Pay Drives Out Bankruptcy Judges
U.S. bankruptcy judges are abandoning the bench in a steady trickle to seek alternative careers as their pay has remained stagnant for the fourteenth year in a row, according to judicial experts. (Fri, 20 Jul 2007 20:26:09 GMT)

Some States Lag As Bankruptcy Rates Fall
Almost two years after lawmakers amended the U.S. Bankruptcy Code to reduce filing rates, several regions in the Southeast continue to see elevated numbers of consumer bankruptcy cases, a phenomenon some experts attribute in part to local culture. (Fri, 20 Jul 2007 21:20:57 GMT)

Man indicted for falsifying bankruptcy
A 39-year-old Lincoln man has been indicted on allegations that he used a false Social Security number when he filed for bankruptcy. (Sat, 21 Jul 2007 05:35:00 GMT)

Bankruptcy court gives Tyrone Hospital to August to do paperwork
The Tyrone Hospital has until next month to present its reorganization plans to a federal bankruptcy court. (Sat, 21 Jul 2007 08:43:53 GMT)

Bankruptcy court gives Tyrone Hospital to August to do paperwork
The Tyrone Hospital has until next month to present its reorganization plans to a federal bankruptcy court. (Sat, 21 Jul 2007 17:12:52 GMT)

Medical crisis pushes woman to bankruptcy
At age 65, Caroline Murphy had no plans to move out of her Kalamazoo home or struggle to find new income to make ends meet. (Sun, 22 Jul 2007 04:25:44 GMT)

Bankruptcy judges bailing out after years of stagnant pay
U.S. bankruptcy judges are abandoning the bench in a steady trickle to seek alternative careers as their pay has remained stagnant for the fourteenth year in a row, according to judicial experts. (Sun, 22 Jul 2007 05:44:57 GMT)

Bankruptcies
Petitions filed with more than $100,000 in debts in federal bankruptcy court in Fresno, which handles Fresno, Kings, Madera, Mariposa, Merced and Tulare counties: (Sun, 22 Jul 2007 12:56:10 GMT)

Bankruptcy rules being rorted
THE Federal Government's insolvency agency has received a record 1104 complaints about people allegedly rorting the bankruptcy system with offences estimated at $20.7 million. (Sun, 22 Jul 2007 15:18:00 GMT)

Bankruptcy rules being rorted
A RECORD number of complaints have been lodged against people with unmanageable debt accused of trying to use bankruptcy rules for protection. (Sun, 22 Jul 2007 15:18:00 GMT)

Bankruptcy rules being rorted
THE Federal Government's insolvency agency has received a record 1104 complaints about people allegedly rorting the bankruptcy system with offences estimated at $20.7 million. (Sun, 22 Jul 2007 15:18:00 GMT)

Bankruptcy rorts hit $20 million
AUSTRALIA'S insolvency agency has received a record 1104 complaints about people allegedly rorting the bankruptcy system, at a cost of $20.7 million. (Sun, 22 Jul 2007 22:48:00 GMT)

Many 'try to rort' bankruptcy laws
The federal government's insolvency agency has received a record 1,104 complaints about people allegedly rorting the bankruptcy system. (Mon, 23 Jul 2007 03:54:31 GMT)

Bankruptcy law a new headache for business
A new law requires Hawaii businesses to give their employees 60 days notice if they plan to declare bankruptcy. (Mon, 23 Jul 2007 04:53:51 GMT)

Bankruptcy lawyers open boutique office for debtors
A prosperous bankruptcy market is not a distinction most cities want, so the advent of a new bankruptcy law office in Milwaukee may not come as welcome news -- at first. (Mon, 23 Jul 2007 04:54:31 GMT)

RE: Amp'd Mobile files for bankruptcy protection
You’ve got to hate it when rapid growth forces you to file bankruptcy. At least that is the statement from Amp’d Mobile regarding the reason the company filed for Chapter 11 bankruptcy protection last week. (Mon, 23 Jul 2007 05:13:54 GMT)

Yukos minority shareholders to get funds left over after bankruptcy
MOSCOW. July 23 (Interfax) - The minority shareholders of Yukos (RTS: YUKO) can expect to receive funds left over after the oil company's bankruptcy proceedings are completed. (Mon, 23 Jul 2007 05:44:33 GMT)

(AFX UK Focus) 2007-07-23 07:30 GMT: US airports more stable as airlines emerge from bankruptcy - Moody's
MUMBAI (Thomson Financial) - US airports should experience a more stable operating environment following the emergence of all mainline US airlines from bankruptcy, according to a report from Moody's Investors Service. (Mon, 23 Jul 2007 06:34:10 GMT)

Regulator snares record number of bankruptcy fraud cases
Australia's personal bankruptcy regulator says a record number of offenders have been prosecuted under the Bankruptcy Act in the past financial year. (Mon, 23 Jul 2007 08:34:02 GMT)

ABC Language School files for bankruptcy
The operating company of ABC Language School, an Osaka-based English school that shut down its classrooms at the end of last month, filed Monday for bankruptcy, seeking court protection from... Read more ... (Mon, 23 Jul 2007 23:54:43 GMT)

Business Law column: Bankruptcy filings on the increase
This week: An examination of some recent bankruptcy news and trends. (Tue, 24 Jul 2007 07:03:44 GMT)

Shakur estate moves against songs' sale
Tupac Shakur's mother is seeking to prevent his former label, Death Row Records Inc., from selling the late rapper's unreleased recordings as part of a bankruptcy settlement. (Tue, 24 Jul 2007 12:21:24 GMT)

Rockford Products to seek bankruptcy protection
ROCKFORD — Officials for Rockford Products, a mainstay since 1929, told its workers this afternoon that the company is actively seeking a buyer and will file for Chapter 11 bankruptcy protection Wednesday to keep operating until a buyer is found. (Wed, 25 Jul 2007 01:24:06 GMT)

Brandeis building sale may resolve Hampton company's bankruptcy in Omaha
The way apparently has been cleared for the sale of a Lincoln developer’s bankrupt Omaha condo project. Monday was the deadline for any objections to the proposed $22 million sale of the Brandeis building to two Florida investors. (Wed, 25 Jul 2007 05:18:40 GMT)

Diocese bankruptcy: 153 people file abuse claims
A total of 153 people filed abuse claims against the Diocese of Davenport in bankruptcy court before last week’s bar date, the deadline for financial claims stemming from before the bankruptcy filing in October, the chairman of the creditor’s committee said Tuesday. (Wed, 25 Jul 2007 05:38:47 GMT)

Judge Orders Trial in Parmalat Case
An Italian judge indicted Parmalat SpA founder Calisto Tanzi and other former company executives on Wednesday for their role in what is shaping up as the most important trial seeking to assign responsibility for Europe's largest corporate bankruptcy. (Wed, 25 Jul 2007 12:18:19 GMT)

Judge orders Parmalat founder tried in Europe's largest bankruptcy
Former executives are facing trial seeking to assign responsibility for the 2003 collapse. (Wed, 25 Jul 2007 12:56:00 GMT)

Alytus Textile declares bankruptcy, workers storm office
VILNIUS - Workers stormed the premises of cotton textiles producer Alytus Textile on July 18 upon hearing of the board’s decision from the previous night to put the company into bankruptcy. The decision will lay off approximately 1,200 workers. (Wed, 25 Jul 2007 15:05:54 GMT)

153 file abuse claims against diocese
More than 150 people filed sexual abuse claims in bankruptcy court against the Roman Catholic Diocese of Davenport by last week’s deadline, the chairman of a creditor’s committee said. (Wed, 25 Jul 2007 15:38:14 GMT)

Clinic emerges from bankruptcy
The Parker Hughes Cancer Center emerged from bankruptcy today, smaller than before but still treating patients. A federal judge approved a plan to reorganize the Roseville clinic at a hearing in Minneapolis today. "Everybody at Parker Hughes is excited they're out of bankruptcy," said Alan Eidsness, the clinic's lawyer, at an afternoon press conference. The clinic had filed for Chapter 11 ... (Wed, 25 Jul 2007 17:05:36 GMT)

Tweeter Abandons Bankruptcy Bonuses
Liquidating retailer Tweeter Home Entertainment Group is scrapping its executive bankruptcy bonus program and apologizing to workers for a failed attempt to pay severance benefits. (Wed, 25 Jul 2007 21:30:30 GMT)

Tweeter abandons plans for top executive bankruptcy bonuses
PHILADELPHIA (AP) - Tweeter is scrapping its executive bankruptcy bonus program and apologizing to workers for the failed attempt to pay severance benefits. (Wed, 25 Jul 2007 22:09:01 GMT)

MN Cancer Center Emerges From Bankruptcy
The Parker Hughes Cancer Center emerged from Chapter 11 bankruptcy on Wednesday as a federal judge approved the clinic's plan to end several leases and repay its debts. Video: Amelia Santaniello Reports More Business News More Health News (Wed, 25 Jul 2007 22:49:00 GMT)

Group Wants Access To SD Diocese Bankruptcy Hearings
A new parishioners group says it wants a seat at the table as the Catholic Diocese of San Diego proceeds with bankruptcy hearings, NBC 7/39 reports. (Thu, 26 Jul 2007 02:54:51 GMT)

Judge orders trial for Parmalat founder, others in Europe's largest bankruptcy
MILAN, Italy — An Italian judge indicted Parmalat SpA founder Calisto Tanzi and other former company executives on Wednesday for their role in Europe's largest corporate bankruptcy, setting the stage for what could be the most important trial... (Thu, 26 Jul 2007 05:04:07 GMT)

Parmalat founder, ex-officers to be tried over bankruptcy
An Italian judge has indicted Parmalat SpA founder Calisto Tanzi, right, and other former company executives for their role in Europe's largest-ever bankruptcy. (Thu, 26 Jul 2007 08:42:38 GMT)

Parker Hughes Cancer Center emerges from bankruptcy
ROSEVILLE, Minn. (AP) - The Parker Hughes Cancer Center has emerged from Chapter Eleven bankruptcy. A federal judge approved the Roseville clinic's plan to end several leases and repay its debts. (Thu, 26 Jul 2007 11:36:27 GMT)

Parker Hughes Cancer Center emerges from bankruptcy
The Parker Hughes Cancer Center has emerged from Chapter Eleven bankruptcy. A federal judge approved the Roseville clinic's plan to end several leases (Thu, 26 Jul 2007 12:10:45 GMT)

Porn star allegations add twist to Ronco bankruptcy
A fight between a female porn star and the former chief financial officer of her adult video company is the latest twist in the made-for-television bankruptcy case of Veg-O-Matic maker Ronco Corp. (Thu, 26 Jul 2007 19:52:42 GMT)

Parishioners file legal claims in San Diego diocese bankruptcy
A parishioners' group claiming to represent more than 1 million Catholics asked a federal bankruptcy judge Thursday to prevent churches, schools and charitable missions from being closed or sold to settle sex-abuse allegations against the San Diego diocese. (Thu, 26 Jul 2007 22:38:51 GMT)

San Diego Catholics ask court to protect church property in sex-abuse bankruptcy case
SAN DIEGO (AP) - A group claiming to represent more than one million Roman Catholics asked a bankruptcy judge Thursday to prevent the San Diego diocese from closing or selling churches, schools and charities to settle sex-abuse cases. (Fri, 27 Jul 2007 01:02:00 GMT)

San Diego Catholics ask court to protect church property in sex-abuse bankruptcy case
SAN DIEGO ---- A group claiming to represent more than 1 million Roman Catholics asked a bankruptcy judge Thursday to prevent the San Diego diocese from closing or selling churches, schools and charities to settle sex-abuse cases. (Fri, 27 Jul 2007 05:12:16 GMT)

Suit complicates Ronco's bankruptcy case
A fight between a porn star and the former chief financial officer of her adult video company is the latest twist in the made-for-television bankruptcy case of Veg-O-Matic maker Ronco Corp. (Fri, 27 Jul 2007 07:10:55 GMT)

Group seeks to intervene in diocese bankruptcy
A group asserting that it represents local Catholics and parents of children in Catholic schools filed a motion Thursday seeking to intervene in the bankruptcy proceedings involving the San Diego Roman Catholic Diocese and people alleging they were sexually abused by priests. (Fri, 27 Jul 2007 07:14:23 GMT)

Police detective charged with bankruptcy fraud
Des Moines Police Detective Franklin Irvin Jr. has been indicted on federal charges that he and his wife conspired to conceal assets and committed bankruptcy fraud. (Fri, 27 Jul 2007 09:08:44 GMT)

Yukos receiver asks for bankruptcy proceedings to be extended by 6 mths(Part 2)
MOSCOW. July 27 (Interfax) - Yukos (RTS: YUKO) receiver Eduard Rebgun has petitioned the Moscow Arbitration Court to extend the company's bankruptcy proceedings by six months, the receiver's press secretary said in a statement. (Fri, 27 Jul 2007 12:03:28 GMT)

DCNAQ: Bankruptcy Court Approves Funding and Settlement with UAW and USW
The U.S. Bankruptcy Court for the Southern District of New York granted approval of the settlement agreements between Dana Corporation (DCNAQ) and each of the United Steel Workers (USW) and the United Auto Workers (UAW), as well as an investment agreement with Centerbridge Capital Partners, L.P., for a major investment in the company. (Fri, 27 Jul 2007 12:34:28 GMT)

US: Bankruptcy court OKs Dana rescue deals
The US Bankruptcy Court for the southern New York has approved agreements between Dana Corporation, the United Steel Workers (USW) and United Auto Workers (UAW) unions, as well as an investment agreement with Centerbridge Capital Partners for a major investment in the company. (Fri, 27 Jul 2007 14:38:37 GMT)

Parishioners File Legal Claims In San Diego Diocese Bankruptcy
A parishioners' group claiming to represent more than one million Catholics is asking a federal bankruptcy judge to prevent churches, schools and charitable missions from being closed or sold to settle sex-abuse allegations against the San Diego diocese. (Fri, 27 Jul 2007 15:43:43 GMT)

Would bankruptcy erase all your savings?
Question 1: Are mutual funds or retirement plans protected in the event of a bankruptcy or foreclosure? - Anonymous (Fri, 27 Jul 2007 21:16:37 GMT)

Bally Total Fitness to file for bankruptcy
Bally Total Fitness Holding Corp., the largest U.S. operator of fitness centers, will file for bankruptcy protection, the company said in statement distributed PR Newswire. (Sat, 28 Jul 2007 00:42:50 GMT)

2 sentenced for bankruptcy fraud in Jackson
Associated Press - July 27, 2007 9:24 PM ET JACKSON, Miss. (AP) - Two men convicted of bankruptcy fraud and fraudulent use of a Social Security number have been sentenced in US District... (Sat, 28 Jul 2007 01:34:39 GMT)

Calpine bankruptcy reorganization plan on hold
Power producer Calpine put its bankruptcy reorganization plan on hold so it can talk with unidentified third parties about an alternative that would give creditors a guaranteed payout. (Sat, 28 Jul 2007 09:06:32 GMT)

In the Spotlight: Bankruptcy Judge John C. Ninfo II
When the opportunity came for John Ninfo II to apply for a bankruptcy judgeship, he didn't hesitate. In his mind, he could see the difference he could make. (Sat, 28 Jul 2007 11:32:48 GMT)

Judge OKs deal to end Dana Corp. bankruptcy
A judge last week approved a financing deal between Dana Corp. and private-equity firm Centerbridge Capital Partners that will infuse the struggling autoparts maker with up to $750 million to help it move out of Chapter 11. (Sun, 29 Jul 2007 07:22:26 GMT)

First-half bankruptcy filings rise
Bankruptcy filings in Wisconsin were up almost 50% in the first half of the year, fueled in part by homeowners unable to cover monthly payments when their adjustable-rate mortgages repriced upward. (Sun, 29 Jul 2007 22:53:24 GMT)

Miami law firm sends former client BUC into bankruptcy court
Kluger, Peretz, Kaplan & Berlin helped BUC International win a $2 million verdict, but when the company didn't pay its legal fees, the Miami law firm put its former client in bankruptcy court. (Mon, 30 Jul 2007 04:59:10 GMT)

Statewide bankruptcy involves condo
Juan Puig, owner of Sienna Park in Sarasota, is facing lawsuits, including one accusing him of a Ponzi scheme. (Mon, 30 Jul 2007 09:11:36 GMT)

Bankruptcy filings climb in Wisconsin
Associated Press - July 30, 2007 7:25 AM ET Bankruptcy filings in Wisconsin climbed nearly 50% in the first half of the year. Court records show 7,667 bankruptcy petitions were filed... (Mon, 30 Jul 2007 11:27:56 GMT)

Bankruptcy filings climb in Wisconsin
Bankruptcy filings in Wisconsin climbed nearly 50% in the first half of the year. Court records show 7,667 bankruptcy petitions were filed statewide through June, compared with 5,124 in the first half of last year. (Mon, 30 Jul 2007 11:39:51 GMT)

Delta Issues Shares to Claimholders
Delta Air Lines Inc. said Monday it starteda distributing about 21 million shares of stock to holders of allowed general unsecured claims against the company from its bankruptcy reorganization. (Mon, 30 Jul 2007 13:37:31 GMT)

Bankruptcy fraud laid to 2 Lima men
Federal prosecutors have charged two Lima, Ohio, real-estate investors with bank fraud and bankruptcy fraud, saying the men defrauded lenders of $2.2 million by “flipping” properties to inflate values, creating phony rental and purchase agreements, and failing to disclose the actual buyers and their debts. (Tue, 31 Jul 2007 10:25:04 GMT)

Bankruptcy numbers in Sauk County ahead of 2006 pace
Nearly twice as many Sauk County residents filed for bankruptcy in the first six months of this year as had at this time last year, mirroring a trend in which bankruptcy filings are up nearly 50 percent across Wisconsin, court records show. There were 7,667 bankruptcy petitions filed statewide through June, compared to 5,124 during the first six months of 2006. In Sauk County, 82 people had filed ... (Tue, 31 Jul 2007 11:03:12 GMT)

Newly out of bankruptcy, Northwest Airlines reports a profit
MINNEAPOLIS -- Northwest Airlines Corp., which emerged from bankruptcy protection on May 31, said on Tuesday it earned $273 million during its second quarter before accounting boosts... (Tue, 31 Jul 2007 13:36:34 GMT)

NWA posts a profit in first post-bankruptcy report
Excluding reorganization items, Northwest this morning reported a profit of $273 million (78 cents a share) during the second quarter, according to The Associated Press. If items related to NWA's bankruptcy reorganization are included, Reuters says that would inflate the... (Tue, 31 Jul 2007 13:40:33 GMT)

Newly out of bankruptcy, Northwest reports a profit
Northwest Airlines, which emerged from bankruptcy protection on May 31, said on Tuesday that it earned $273 million during its second quarter before accounting boosts related to its reorganization. Including reorganization items Northwest earned $2.15 billion, or $8.20 per share, during the quarter that ended June 30. Northwest's finances benefited from $1.94 billion in reorganization items ... (Tue, 31 Jul 2007 13:47:15 GMT)

NWA, Out Of Bankruptcy, Reports 2Q Profit
Northwest Airlines Corp., which emerged from bankruptcy protection on May 31, said on Tuesday that it earned $273 million during its second quarter before accounting boosts related to its reorganization. More Business News (Tue, 31 Jul 2007 14:13:00 GMT)

NWA reports a profit after bankruptcy
Northwest Airlines Corp., which emerged from bankruptcy protection on May 31, said on Tuesday that it earned $273 million during its second quarter before accounting boosts related to its reorganization. (Tue, 31 Jul 2007 14:20:38 GMT)

Northwest Air Posts Profit Excluding Bankruptcy Gain (Update2)
July 31 (Bloomberg) -- Northwest Airlines Corp., the fifth- largest U.S. carrier, posted a $273 million second-quarter profit after cutting costs and adjusting for gains from its May bankruptcy exit. (Tue, 31 Jul 2007 14:30:13 GMT)

Seaview files for bankruptcy
• After months of leaving customers shutterless and in suspense, Seaview Industries -- one of Miami's longest-lived shutter companies -- filed for Chapter 7 bankruptcy Thursday in federal court. (Tue, 31 Jul 2007 14:50:24 GMT)

Newly out of bankruptcy, Northwest reports profits
Northwest Airlines Corp., which emerged from bankruptcy protection on May 31, said on Tuesday that it earned $273 million during its second quarter (Tue, 31 Jul 2007 14:59:02 GMT)

Russian spaceship maker fights bankruptcy
MOSCOW, Russia (Reuters) -- Russia's main producer of spacecraft is to be put into emergency administration to fight off bankruptcy, Russia's Interfax news agency quoted the company's chief as saying on Tuesday. (Tue, 31 Jul 2007 15:21:45 GMT)

AHM verges on bankruptcy
American Home Mortgage Investment Corp. edged closer to bankruptcy Tuesday, as its solvency woes killed a rally on Wall Street and renewed fears of worsening credit quality in the troubled mortgage market. (Tue, 31 Jul 2007 20:26:20 GMT)

Previous 1 2


Home Bankruptcy Guide Bankruptcy Resources Links About
© Copyright 101Bankruptcy.com. All rights reserved.