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Home > Bankruptcy News

Bankruptcy News Oct 2007

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Movers: Companies in the news
The parent of NetBank, a pioneer in Internet banking, has filed for bankruptcy protection after the savings and loan unit became the first in three years to fail in the United States. (Mon, 01 Oct 2007 05:27:48 GMT)

Independent contractors can seek pay through bankruptcy court
Q. The special-needs agency where I worked as an independent contractor has filed for bankruptcy. I'm especially upset because it still owes me thousands of dollars. What recourse do I have? (Mon, 01 Oct 2007 07:06:03 GMT)

A Viable Alternative to Bankruptcy
(ARA) - If you're carrying thousands of dollars in credit card debt, struggling to pay the rent every month and getting calls from collections agencies, you might be considering bankruptcy. Yet for almost all circumstances, a good financial advisor will tell you that's the last thing you should do. (Mon, 01 Oct 2007 08:15:48 GMT)

Columbia Owners To Band Together For Bankruptcy Representation
The president of the "Club Columbia" aircraft owner's group, Chuck Yanke, has sent a messaage to affected parties seeking help in organizing an effort to make sure that their interests are represented in the upcoming Chapter 11 bankruptcy actions involving Columbia Aircraft. (Mon, 01 Oct 2007 09:15:21 GMT)

Bankruptcy among pensioners doubles in five years
LONDON (Reuters) - Twice as many pensioners are going bankrupt than they were five years ago, according to new figures. (Mon, 01 Oct 2007 12:38:07 GMT)

Competition too much for NetBank
The downfall of NetBank, a pioneer in online banking that was closed by federal regulators and filed for bankruptcy protection on Friday, reflects the demise of a dot-com firm that couldn't compete with larger financial rivals. (Mon, 01 Oct 2007 12:48:45 GMT)

Bankruptcy 'tweak' could save 600,000 homes
One consumer group estimates that 600,000 foreclosures could be avoided over the next two years by making a simple change to the bankruptcy code. (Mon, 01 Oct 2007 15:27:04 GMT)

Oasys Mobile Wins OK for Bankruptcy Plan
A bankruptcy judge approved the reorganization plan of Oasys Mobile Inc., paving the way for the developer of games and ringtones for cell phones to exit Chapter 11 in the hands of its senior lenders. (Mon, 01 Oct 2007 20:28:58 GMT)

Mid-Missouri Bankruptcy Center
Can I call you for more advice about bankruptcy? We cannot give any legal advice over the telephone to non-clients. However, if you are located in one of the Missouri counties that we serve, you may call for an in-office appointment, during which we will analyze your situation. (Tue, 02 Oct 2007 02:49:41 GMT)

Mid-Missouri Bankruptcy Center
Will my case be listed in the newspaper? Bankruptcy is a public record, but the decision whether to publish the names of people filing bankruptcy is up to individual publishers. (Tue, 02 Oct 2007 04:34:39 GMT)

Plan to allow TV stations to get out of bankruptcy
A federal bankruptcy judge signed off on a plan Monday that would allow the Lafayette owners of Baton Rouge’s Fox and NBC affiliates to emerge from bankruptcy, the attorney representing the station owners said. (Tue, 02 Oct 2007 05:12:07 GMT)

Ashby Academy files for bankruptcy
ASHBY - Ashby Academy, the private boarding school that closed its doors the day before students were expected to arrive, has filed for bankruptcy protection, with claims against its founder including more than $130,000 in tuition. (Tue, 02 Oct 2007 08:49:32 GMT)

A Viable Alternative to Bankruptcy
(ARA) - If you're carrying thousands of dollars in credit card debt, struggling to pay the rent every month and getting calls from collections agencies, you might be considering bankruptcy. Yet for almost all circumstances, a good financial advisor will tell you that's the last thing you should do. (Tue, 02 Oct 2007 09:15:04 GMT)

Bankruptcy trustee can still recover money
The Bankruptcy Adviser says a discharge of debtor notice doesn't mean bankruptcy is over. (Tue, 02 Oct 2007 10:00:00 GMT)

Area bankruptcy filings rise 13% in September
Bankruptcy filings by northwest Ohio residents rose 13 percent to 435 in September, according to the clerk’s office at U.S. Bankruptcy Court in Toledo. (Tue, 02 Oct 2007 10:03:05 GMT)

Lumber company seeks bankruptcy exit
Maxxam Inc.'s Pacific Lumber, a harvester of California redwood and Douglas fir trees, filed a plan to exit bankruptcy by paying creditors in full and selling $1. (Tue, 02 Oct 2007 14:30:15 GMT)

Mid-Missouri Bankruptcy Center
The information contained in this website is based on the general application of bankruptcy law. Although bankruptcy law is controlled by Congress, it is not interpreted and applied the same way in every jurisdiction. (Tue, 02 Oct 2007 21:20:13 GMT)

Lack Of Health Insurance Leads Many To Bankruptcy
In the last few weeks, two studies have come out highlighting problems with the healthcare system. A Harvard study found that half of all Americans who file for personal bankruptcy, say that medical expenses are a major  factor.  Another by consumer group, Families USA, suggested that the number of uninsured Americans may be twice as  high as previously believed. (Tue, 02 Oct 2007 22:41:45 GMT)

Housing crisis adds new wrinkle to bankruptcy reform
It's been two years since the latest bankruptcy reform legislation was enacted and the results have been difficult to judge, according to local analysts. (Wed, 03 Oct 2007 01:29:57 GMT)

Foxtons to shut doors, may file for bankruptcy
Foxtons, the West Long Branch-based discount real estate company, is shutting its doors and may file for bankruptcy. (Wed, 03 Oct 2007 05:24:47 GMT)

Mid-Missouri Bankruptcy Center
What will bankruptcy do to my credit rating? Bankruptcy will damage your credit rating, and it will stay on your credit report for 10 years. However, the bankruptcy will not keep you from getting credit for the full ten years. (Wed, 03 Oct 2007 05:49:35 GMT)

Delta Systems Files For Bankruptcy
A bankruptcy filing by Delta Systems Inc. does not bode well for the company's employees in Rogers. (Wed, 03 Oct 2007 07:26:53 GMT)

Estate appeals decision on bankruptcy objection
WILKES-BARRE - The Estate of Robert Curley is appealing a federal judge's decision preventing its objection to convicted killer Joann Curley's bankruptcy status. (Wed, 03 Oct 2007 08:15:53 GMT)

Brain or Spinal Injury Linked to Increased Bankruptcy Rates
In addition to neurological damage and disability, survivors of brain or spinal cord injury may face financial disaster, with increased rates of bankruptcy in the years after injury, reports a study in the August issue of Medical Care, published by Lippincott Williams & Wilkins, part of Wolters Kluwer Health, provider of leading healthcare content, context and consulting. (Wed, 03 Oct 2007 11:26:58 GMT)

Diocese to seek dismissal of its bankruptcy case
7:06 a.m. Oct. 3 (SIGNONSANDIEGO): SAN DIEGO: The Roman Catholic Diocese of San Diego will go to court Oct. 25 to ask that its bankruptcy case be dismissed after reaching a $198 million settlement last month with 144 childhood sexual abuse victims. (Wed, 03 Oct 2007 14:38:18 GMT)

Delphi seeks more time on bankruptcy plan
NEW YORK -- Delphi Corp. told a judge today it would push back the start of voting on its bankruptcy reorganization because of a tough credit market. (Wed, 03 Oct 2007 16:54:27 GMT)

Delphi chairman expects exit from bankruptcy by year's end
DETROIT -- The chairman of Delphi Corp. said Wednesday that the struggling auto-parts company expects to reach a deal "very shortly" on financing that would allow it to exit bankruptcy... (Wed, 03 Oct 2007 22:02:17 GMT)

Delphi Hopes To Exit Bankruptcy Soon
SAGINAW, Mich. -- Delphi's chairman said the struggling auto-parts company expects to reach a deal "very shortly" on financing. The deal would allow Delphi to exit bankruptcy proceedings in the next few months. (Wed, 03 Oct 2007 22:58:01 GMT)

Lawrence Utilities' bankruptcy dismissed
A U.S. bankruptcy court judge today dismissed the Chapter 11 bankruptcy of Lawrence Utilities, LLC, the private operator of the Lawrence's waterworks. (Wed, 03 Oct 2007 23:44:26 GMT)

Parish insurance policies under review in diocese bankruptcy
Insurance policies held by individual parishes in the Diocese of Davenport are under examination for liability in the diocese’s bankruptcy case, a diocese attorney said. (Thu, 04 Oct 2007 07:15:04 GMT)

Foxtons says it will file for bankruptcy
Foxtons Inc., the West Long Branch-based real estate broker that abruptly closed last week, plans to file for bankruptcy and sell its listings to another broker, the company said Wednesday. (Thu, 04 Oct 2007 08:49:26 GMT)

IBCIQ: Bankruptcy Court Approval for Extension to File Plan of Reorganization
Interstate Bakeries Corporation (IBCIQ) received Bankruptcy Court approval to extend the exclusive period to November 8, 2007 to file a plan of reorganization and to January 7, 2007 to solicit acceptances and to exit the bread market in Southern California by October 20, as planned. (Thu, 04 Oct 2007 12:34:30 GMT)

DRRAQ: Bankruptcy Court Approves Disclosure Statement for Reorganization
DURA Automotive Systems, Inc. (DRRAQ) announced that the U.S. Bankruptcy Court for the District of Delaware has approved the Company's Disclosure Statement, solicitation procedures and creditor ballots. (Thu, 04 Oct 2007 12:44:20 GMT)

Bankruptcy & Creditor's Rights Attorney Achieves Recertification in Business Bankruptcy Law
PITTSBURGH----Cohen & Grigsby, P.C., a business law firm with offices in Pittsburgh, PA; Bonita Springs, FL; and Naples, FL, is pleased to announce that William E. Kelleher, Jr. has been recertified in Business Bankruptcy Law by the American Board of Certification. (Thu, 04 Oct 2007 14:42:00 GMT)

Relief measures for homeowners facing foreclosures, in bankruptcy advance in House
WASHINGTON - Financial relief for homeowners facing foreclosure or in bankruptcy advanced in the House on Thursday as lawmakers approved legislation to help financially strapped homeowners by a 386-to-27 vote. (Fri, 05 Oct 2007 05:02:29 GMT)

Novell files to lift SCO's bankruptcy stay
NOVELL FILED a motion yesterday in SCO's bankruptcy case in Delaware asking for the automatic stay on litigation to be lifted so that the SCO v. Novell lawsuit can go to trial in Utah Federal District Court. (Fri, 05 Oct 2007 07:57:13 GMT)

Novell files to lift SCO's bankruptcy stay
Egan Orion the Inquirer , Friday 5 October 2007. 08:43:00 Wants to go to trial in Utah NOVELL FILED a motion yesterday in SCO's bankruptcy case in... > Read the full article email this article . (Fri, 05 Oct 2007 09:00:18 GMT)

Bankruptcy judge sworn in
Guy R. Humphrey has been named a U.S. bankruptcy judge for the Southern District of Ohio. (Fri, 05 Oct 2007 09:33:47 GMT)

Bankruptcy Court Approves Procedures for Sale of Georgia Assets of Universal Food & Beverage Company
CHICAGO----The United States Bankruptcy Court for the Northern District of Illinois Wednesday approved procedures for the sale by Universal Food & Beverage Company, based in St. (Fri, 05 Oct 2007 14:25:00 GMT)

TransLand's bankruptcy trial now set for Oct. 19
The trial for the TransLand Financial Services involuntary bankruptcy was moved to Oct. 19. (Fri, 05 Oct 2007 18:52:12 GMT)

Capitol v. Thomas: What About Bankruptcy?
In the wake of the $220,000 verdict against Ms. Thomas , for file-sharing, some have asked whether she can avoid the judgment by filing for personal bankruptcy. (Fri, 05 Oct 2007 19:42:55 GMT)

Movie Gallery could be headed for bankruptcy filing
The company will file for bankruptcy this month and hopes to emerge from Chapter 11 in early 2008, according to Journal reports. For more on this, read Saturday's Dothan Eagle. (Fri, 05 Oct 2007 22:36:38 GMT)

Dothan Based Movie Gallery Plans to File for Chapter 11 Bankruptcy
Struggling video-rental company Movie Gallery aims to file for bankruptcy protection under a pre-negotiated deal with key... (Fri, 05 Oct 2007 23:22:33 GMT)

A Viable Alternative to Bankruptcy
(ARA) - If you're carrying thousands of dollars in credit card debt, struggling to pay the rent every month and getting calls from collections agencies, you might be considering bankruptcy. Yet for almost all circumstances, a good financial advisor will tell you that's the last thing you should do. (Sat, 06 Oct 2007 08:15:03 GMT)

10/6/07: Report: Beshear's Firm Should Have Withdrawn From Bankruptcy Case
FRANKFORT, Ky. -- A report released Saturday said Democratic gubernatorial nominee Steve Beshear's former law firm should have withdrawn more than a decade ago as legal counsel on a mammoth corporate bankruptcy case because of a conflict of interest. (Sat, 06 Oct 2007 21:59:51 GMT)

Report: Beshear's firm should have withdrawn from bankruptcy case
A report released Saturday says Democratic gubernatorial nominee Steve Beshear's former law firm should have withdrawn more than a decade ago as legal counsel on a mammoth corporate bankruptcy case because of a conflict of interest. (Sun, 07 Oct 2007 00:25:10 GMT)

Life after Delphi: Two years after the bankruptcy,former workers tell their stories
It will be two years Monday since Delphi Corp. on Oct. 8, 2005, announced its bankruptcy. More than 1,500 local Delphi Packard Electric employees who took last year’s buyouts have seen their lives change in ways many did not expect. (Sun, 07 Oct 2007 04:59:34 GMT)

Life after Delphi: Two years after the bankruptcy,former workers tell their stories
Tribune Chronicle It will be two years Monday since Delphi Corp. on Oct. 8, 2005, announced its bankruptcy. More than 1,500 local Delphi Packa... (Sun, 07 Oct 2007 05:02:45 GMT)

Foxtons says it will file for bankruptcy
Foxtons Inc., the West Long Branch-based real-estate broker that abruptly closed last week, plans to file for bankruptcy and sell its listings to another broker, the company said. (Sun, 07 Oct 2007 14:43:07 GMT)

Novell Attempts End Run Around SCO's Bankruptcy
Novell pursues SCO from the intellectual property courts to the bankruptcy courts. (Sun, 07 Oct 2007 21:39:36 GMT)

Discount real-estate broker files for bankruptcy protection
New York _ Foxtons, a discount real-estate agency that pioneered selling homes at a 3% commission, joined mortgage lenders as a victim of the declining US housing market and filed for bankruptcy protection. (Mon, 08 Oct 2007 01:10:08 GMT)

US Foxtons files for bankruptcy
The trademark green and yellow Mini Coopers used by Foxtons, the upmarket estate agent, could vanish from the streets of New York after its US offshoot filed for Chapter 11 bankruptcy. (Mon, 08 Oct 2007 01:18:08 GMT)

Novell wants SCO's bankruptcy protection lifted
Last week Novell filed a motion requesting that the court lift SCO's bankruptcy stay so that Novell can obtain UNIX licensing royalties wrongfully retained by SCO. (Mon, 08 Oct 2007 03:28:48 GMT)

Bankruptcy filing
This bankruptcy was filed Sept. 25 in U.S. District Court, Indianapolis, for the Southern District of Indiana. D-debt; A-assets. (Mon, 08 Oct 2007 06:54:40 GMT)

A Viable Alternative to Bankruptcy
(ARA) - If you're carrying thousands of dollars in credit card debt, struggling to pay the rent every month and getting calls from collections agencies, you might be considering bankruptcy. Yet for almost all circumstances, a good financial advisor will tell you that's the last thing you should do. (Mon, 08 Oct 2007 09:53:06 GMT)

Movie Gallery To File Bankruptcy
DOTHAN, AL- Struggling video-rental company Movie Gallery aims to file for bankruptcy protection under a pre-negotiated deal with key creditors. Under the terms of the deal, the company will convert (Mon, 08 Oct 2007 11:45:09 GMT)

Flynn no longer facing bankruptcy proceedings
Mayo TD Beverley Flynn is no longer facing bankruptcy proceedings as the action taken against Ms Flynn by RTÉ was struck out at the High Court this morning. (Mon, 08 Oct 2007 14:26:43 GMT)

Foxtons files for bankruptcy, claims nearly $41M in liabilities
Foxtons Inc. has filed for Chapter 11 bankruptcy, saying the declining housing market prevented it from continuing its operations. The real estate company reported assets of $488,000 and liabilities of $40.9 million. (Mon, 08 Oct 2007 15:40:45 GMT)

Owners Unaware of Bankruptcy Laws in Entrepreneurial Decisions
A study of 90 Iowa small business owners by three Iowa State University management professors found that there is very little awareness of bankruptcy protection among owners. Their study "The Impact of Bankruptcy Laws on the Entrepreneurial Decision: Are Entrepreneurs Even Aware?," will be published in the October issue of the Journal of Applied Management and Entrepreneurship. (Mon, 08 Oct 2007 17:29:39 GMT)

Delphi Bankruptcy
Two years ago today, Delphi chose to file bankruptcy. That decision led to major changes in the lives of thousands in the valley. (Mon, 08 Oct 2007 21:58:33 GMT)

Share your thoughts: The Journal News is looking for people who have declared bankruptcy
HARRISON - The Journal News is looking for people who have experienced bankruptcy for possible inclusion in a news story. Are you considering it? Have you gone through it and want to share your story? (Tue, 09 Oct 2007 01:01:31 GMT)

JM bankruptcy case settled
JAKARTA: A law firm Monday revoked its bankruptcy suit against former client the monorail development consortium PT Jakarta Monorail for unpaid fees. (Tue, 09 Oct 2007 03:58:36 GMT)

A Viable Alternative to Bankruptcy
(ARA) - If you're carrying thousands of dollars in credit card debt, struggling to pay the rent every month and getting calls from collections agencies, you might be considering bankruptcy. Yet for almost all circumstances, a good financial advisor will tell you that's the last thing you should do. (Tue, 09 Oct 2007 04:30:19 GMT)

In well-off Utah, bankruptcy filings climb
Increasing numbers of Utahns trekked into U.S. Bankruptcy Court for Utah seeking relief from their debts during the first nine months of 2007.     U. (Tue, 09 Oct 2007 06:21:40 GMT)

Bankruptcy effects can be widespread
Corporate bankruptcy is disruptive for everyone affiliated with the company -- shareholders, employees and customers -- but it doesn't mean all is lost, according to stock market watchers. (Tue, 09 Oct 2007 09:10:48 GMT)

Soldier in common bankruptcy jam
The Bankruptcy Adviser says that without paperwork, owner not liable for car loan balance in Chapter 7. (Tue, 09 Oct 2007 10:00:00 GMT)

Troy University Affected by Movie Gallery Bankruptcy
WSFA 12 News is following a developing story out of Pike County. Movie Gallery Inc. plans to file Chapter 11 Bankruptcy later this month. That has many people wondering about Troy University's plans (Tue, 09 Oct 2007 15:25:54 GMT)

Share your thoughts: The Journal News is looking for people who have declared bankruptcy
HARRISON - The Journal News is looking for people who have experienced bankruptcy for possible inclusion in a news story. Are you considering it? Have you gone through it and want to share your story? (Tue, 09 Oct 2007 16:46:42 GMT)

Voucher Mess Explains Airline Bankruptcy
By Nick Christensen In the last decade, four major U.S. airlines have declared bankruptcy, and if you want to know why, just try flying with them. I've flown the legacy carriers, and I've never understood the allure, or the difference, between them and discount carriers. (Tue, 09 Oct 2007 19:03:46 GMT)

Ex-wife of former state senator files for bankruptcy
Minutes before her house hit the auction block, Tamara Mitchell Ford filed for bankruptcy protection. (Tue, 09 Oct 2007 19:10:03 GMT)

Roadhouse Grill Files for Bankruptcy
Restaurateur John Metz has placed Roadhouse Grill Inc. into bankruptcy in Florida, a week after buying the 53-restaurant chain. (Tue, 09 Oct 2007 21:27:49 GMT)

Bankruptcy Top Gun Lenny Parkins Bolsters Haynes and Boone's NY Practice
Lenny Parkins, one of the most senior Haynes and Boone, LLP partners inside its highly regarded Business Restructuring and Bankruptcy Section, has moved to the firm's New York office from Houston as part of a long-term expansion strategy. (Tue, 09 Oct 2007 21:55:00 GMT)

Bankruptcy judge OKs sale of Canal Street hotel
A bankruptcy court judge's ruling Tuesday clears the way for the sale of the Grand Palace Hotel on Canal Street to a Georgia real estate investment firm for $7.5 million. (Wed, 10 Oct 2007 06:47:40 GMT)

Aum bankruptcy proceedings to wrap up next March
TOKYO — Bankruptcy proceedings for Aum Shinrikyo will conclude in March 2008, 12 years after the cult was declared insolvent in 1996, and the bankruptcy administrator will seek ways to compensate victims of crimes involving Aum. At the 15th meeting of victims' representatives and other creditors held at the Tokyo District Court on Wednesday, bankruptcy administrator Saburo Abe proposed closing ... (Wed, 10 Oct 2007 07:57:18 GMT)

Flynn bankruptcy issue closed
BANKRUPTCY proceedings taken by RTE against Deputy Beverley Flynn were struck out in the High Court yesterday (Monday), clearing the way for her re-admission to Fianna Fail. (Wed, 10 Oct 2007 11:45:54 GMT)

Movie Gallery Shareholders May Get 5% in Bankruptcy, People Say
Oct. 10 (Bloomberg) -- Movie Gallery Inc., the second- biggest U.S. movie-rental chain, may file for bankruptcy in the next two weeks under an agreement that leaves shareholders with a 5 percent stake, two people with direct knowledge of company's plans said. (Wed, 10 Oct 2007 21:26:58 GMT)

Aum bankruptcy to wrap up in March
The bankruptcy proceedings for doomsday cult Aum Shinrikyo are now scheduled to conclude in March, which will allow the bankruptcy administrator to find ways to compensate victims of Aum's deadly... Read more ... (Wed, 10 Oct 2007 23:59:09 GMT)

Mall Bankruptcy Complicates 1031 Investors' Problems
It is highly unusual under any circumstances for the owners of a super regional mall to file for bankruptcy protection in order to stave off foreclosure. That is what the owners of the 1.1 million-square-foot West Oaks Mall in Houston did last week. And... (Thu, 11 Oct 2007 01:19:02 GMT)

Dura Bankruptcy Offers Executives $60 Million, Bondholders Zero
Oct. 11 (Bloomberg) -- Dura Automotive Systems Inc.'s plan to exit bankruptcy may reward company managers with as much as $60 million in stock while leaving most bondholders empty- handed. (Thu, 11 Oct 2007 04:40:58 GMT)

Judge halts higher Pa. mortgage bills stemming from bankruptcy
PHILADELPHIA - A judge has temporarily blocked higher mortgage bills facing more than 800 homeowners following last month's bankruptcy filing by a Berks County mortgage broker and its five subsidiaries. (Thu, 11 Oct 2007 06:09:37 GMT)

Bankruptcy filing details debt of St. Alban's Episcopal School
By TRACI SHURLEY ARLINGTON -- St. Alban's Episcopal School, the south Arlington private academy that closed three weeks before the school year was set to start, has filed for Chapter 7 bankruptcy. The filing, made this month, details millions of dollars in debt, including a more than $4 million claim on the school at 5200 S. Bowen Road and at least $900,000 in "prepaid educational services." ... (Thu, 11 Oct 2007 10:10:35 GMT)

Movie Gallery Holders May Get 5% in Bankruptcy Plan, People Say
Oct. 11 (Bloomberg) -- Shareholders of Movie Gallery Inc., the second-biggest U.S. movie-rental chain, might receive 5 percent of the company under a bankruptcy reorganization that may be filed within the next two weeks, two people with direct knowledge of company's plans said. (Thu, 11 Oct 2007 10:56:42 GMT)

Judge halts higher Pa. mortgage bills stemming from bankruptcy
READING, Pa. (AP) - A judge is temporarily blocking higher mortgage bills facing more than 800 homeowners affected by last month's bankruptcy filing by a Berks County mortgage broker and its five subsidiaries. (Thu, 11 Oct 2007 11:46:04 GMT)

DR. PHIL ASTIN FILES FOR BANKRUPTCY
Dr. Phil Astin, the doctor to Chris Benoit who was charged with illegally dispensing medication to several patients in the wake of the Benoit family tragedy, filed for Chapter 7 bankruptcy on 10/1. Astin's petition listed his assets as between $0 to $10,000, and liabilities of between $0 to $50,000. Those are the default numbers the bankruptcy software uses when the full schedules are not ... (Thu, 11 Oct 2007 14:29:04 GMT)

Higher Mortgage Bills Stemming From Bankruptcy Halted
A Pennsylvania judge has temporarily blocked higher mortgage bills facing more than 800 homeowners following last month's bankruptcy filing by a Berks County mortgage broker and its five subsidiaries. (Thu, 11 Oct 2007 14:41:34 GMT)

Benoit's doctor files for bankruptcy
The Carrollton doctor who allegedly prescribed excessive amounts of testosterone to professional wrestler Chris Benoit has filed for bankruptcy, court records show. (Thu, 11 Oct 2007 21:24:10 GMT)

Bankruptcy trustee files suit against Sentinel execs.
The bankruptcy trustee of Sentinel Management Group, the Northbrook-based cash management firm, has filed a $350 million complaint against the company's founders and executives, including Philip and Eric Bloom. (Thu, 11 Oct 2007 22:28:15 GMT)

Chris Benoit's personal doctor files for bankruptcy
The personal doctor of Chris Benoit, the pro wrestler who killed his wife and son and then committed suicide in June, has filed for bankruptcy. (Thu, 11 Oct 2007 23:00:17 GMT)

Jays expected to be sold in conjunction with bankruptcy filing
The Chicago-based maker of Jays potato chips is on the verge of getting a new owner in a deal that will first see the company file for bankruptcy protection for the second time in three years. (Fri, 12 Oct 2007 02:28:06 GMT)

Benoit's Doctor Files For Bankruptcy
The doctor accused of overprescribing drugs to wrestler Chris Benoit has filed for bankruptcy. (Fri, 12 Oct 2007 10:10:30 GMT)

Benoit's Doctor Files For Bankruptcy
ATLANTA -- The personal doctor of the pro wrestler who killed his wife and son and then committed suicide in June has filed for bankruptcy. (Fri, 12 Oct 2007 11:17:23 GMT)

Champion Parts files for Chapter 11 bankruptcy
Associated Press - October 12, 2007 7:44 AM ET HOPE, Ark. (AP) - Hope-based Champion Parts has filed for Chapter 11 bankruptcy protection. (Fri, 12 Oct 2007 11:55:23 GMT)

Champion Parts Files For Bankruptcy
Champion Parts Inc. of Hope has filed for Chapter 11 bankruptcy, according to a filing with the U.S. Securities and Exchange Commission. (Fri, 12 Oct 2007 12:29:11 GMT)

Champion Parts Files For Chapter 11 Bankruptcy
Hope-based Champion Parts has filed for Chapter 11 bankruptcy protection. Champion remanufactures replacement auto parts and now has only 25 workers at its plant, where it is handling warranty work. In March, the plant had 250 workers. (Fri, 12 Oct 2007 14:13:52 GMT)

Bankruptcy trustee sues Sentinel Management for fraud
The trustee overseeing the bankruptcy of Sentinel Management Group has accused its leaders of fraud in a lawsuit seeking $350 million plus punitive damages. (Fri, 12 Oct 2007 17:42:51 GMT)

Bankruptcy trustee sues Sentinel Management for ’massive fraud’
(AP) — The trustee overseeing the bankruptcy of Sentinel Management Group Inc. accuses its leaders of ‘‘long-term, massive fraud’’ in a lawsuit seeking $350 million plus punitive damages. (Fri, 12 Oct 2007 19:03:02 GMT)

Barber and Ross files motion in bankruptcy court
Winchester — A United States Bankruptcy Court judge will hear arguments in a motion filed by Barber and Ross Company that could put the Frederick County-based company on a course toward Chapter 11 bankruptcy. (Sat, 13 Oct 2007 04:48:36 GMT)

Winn-Dixie bankruptcy has a lesson
Winn-Dixie Stores' bankruptcy reorganization might have been painful, but it also was gainful for organizations that want to avoid the experience. (Sat, 13 Oct 2007 04:57:13 GMT)

LNHS files for bankruptcy
Lafayette Neighborhood Housing Services Inc. filed for Chapter 11 bankruptcy Friday. (Sat, 13 Oct 2007 06:11:25 GMT)

Bankruptcy Credit Counseling and Debtor Education Provider Information
Important Information for Bankruptcy Pre-Filing Credit Counseling Agencies and Bankruptcy Pre-Discharge Debtor Education Providers. (Sat, 13 Oct 2007 07:01:00 GMT)

Bankruptcy Credit Counseling and Debtor Education Provider Information
Important Information for Bankruptcy Pre-Filing Credit Counseling Agencies and Bankruptcy Pre-Discharge Debtor Education Providers. (PRWeb Oct 13, 2007) Post Comment:Trackback URL: http://www.prweb.com/pingpr.php/ (Sat, 13 Oct 2007 07:11:23 GMT)

Guild files for bankruptcy
After months of treading on shaky financial ground, the Jockeys' Guild filed for Chapter 11 bankruptcy protection in U.S. Bankruptcy Court in Louisville yesterday. "Like many other entities in the U.S. the Guild has struggled with the high cost of member health claims," said Terry Meyocks, who took over as national manager of the Guild last month. "In looking at all of our options we have ... (Sat, 13 Oct 2007 07:13:51 GMT)

Oasys Mobile leaves bankruptcy behind
Oasys Mobile has emerged from bankruptcy and, in the process, transformed itself from a publicly traded company to a privately owned business. (Sat, 13 Oct 2007 08:40:01 GMT)

Cirrus Bids For Columbia: Sale/Bankruptcy Now 'Likely To Be Long-Term Event'
Cirrus Now Confirmed To Be In The Bidding Over the last few weeks since ANN first broke the story of the impending Columbia Shake-Up/Bankruptcy and Cessna's interest in purchasing most of the assets of the foundering high-performance A/C manufacturer, what was once touted as a "fairly simple" bankruptcy sale is now taking on overtones of a soap opera. A number of bidders are coming to the fore ... (Sun, 14 Oct 2007 09:12:43 GMT)

A Viable Alternative to Bankruptcy
(ARA) - If you're carrying thousands of dollars in credit card debt, struggling to pay the rent every month and getting calls from collections agencies, you might be considering bankruptcy. Yet for almost all circumstances, a good financial advisor will tell you that's the last thing you should do. (Sun, 14 Oct 2007 10:15:14 GMT)

The Enron whistle-blower who wasn't
Lynn Brewer, author of Confessions of an Enron Executive: A Whistle-blower's Story, has become a globally known authority on what went wrong at Enron. Since 2002, she has given close to 200 speeches around the world. In her presentations, Brewer recounts the wrongs she witnessed at Enron a company that grossly overstated its earnings and collapsed into bankruptcy six years ago and exhorts her ... (Mon, 15 Oct 2007 03:20:37 GMT)

Barber and Ross files motion in bankruptcy court
Winchester — A United States Bankruptcy Court judge will hear arguments in a motion filed by Barber and Ross Company that could put the Frederick County-based company on a course toward Chapter 11 bankruptcy. (Mon, 15 Oct 2007 04:48:10 GMT)

Westwood Golf Club's owners file for Chapter 11 bankruptcy
The ownership group that converted the former Duquesne Country Club into a public course now called Westwood Golf Club has filed for Chapter 11 bankruptcy protection from its creditors. (Mon, 15 Oct 2007 05:15:37 GMT)

SOURCE MAGAZINE SURVIVES BANKRUPTCY: Press release states publication is back on track.
*The Source Magazine says it has ended its bankruptcy drama and is ready to reclaim its former status as hip hop's premiere publication. (Mon, 15 Oct 2007 07:09:30 GMT)

Oasys Mobile Emerges from Bankruptcy as Private Company
Raleigh — Oasys Mobile emerged from bankruptcy last week as a private company and with what it called “funding necessary to finance future growth.” Oasys made the announcement on Friday. (Mon, 15 Oct 2007 11:02:34 GMT)

Jays files for bankruptcy protection again
(Crain's) -- Chip maker Jays Foods Inc. has filed for Chapter 11 bankruptcy protection for the second time in four years. The Chicago-based owner of Krunchers and O-Ke-Doke products sought court protection from its creditors Thursday in U.S. Bankruptcy Court in the Northern District of Illinois. (Mon, 15 Oct 2007 12:13:52 GMT)

Out of the Gate: Netflix Shares Rise
Shares of Netflix Inc. rose Monday after Webush Morgan Securities upgraded the online video subscription company on forecasts for growth following a rival's bankruptcy. (Mon, 15 Oct 2007 14:31:09 GMT)

Bankruptcy Law, Financial Privacy and International Governance Issues are Key Topics to Be Addressed at ABA Meeting
CHICAGO, Oct. 15, 2007 —Leading business lawyers are heading to the nation’s capital to discuss recent developments in bankruptcy law and litigation, new regulatory developments regarding financial privacy, and governance issues around the globe, Nov. 16-17, at the ABA Section of Business Law Fall Meeting, The Ritz-Carlton, Washington, D.C. (Mon, 15 Oct 2007 14:41:41 GMT)

Kitty Hawk Declares Bankruptcy
Kitty Hawk Inc. has filed for Chapter 11 bankruptcy protection. This is the second time in less than ten years the Dallas-Fort Worth-based company has sought bankruptcy protection. (Tue, 16 Oct 2007 09:40:25 GMT)

CBCP head says RP suffering from moral bankruptcy
Amid allegations of cash gifts distributed by Malacañang to administration congressmen and local officials, the president of the Catholic Bishops’ Conference of the Philippines lamented that the country is suffering from "moral bankruptcy disappointingly shown by our leaders." (Tue, 16 Oct 2007 10:06:45 GMT)

Movie Gallery files for Chapter 11 bankruptcy
NEW YORK, Oct 16 - Movie Gallery Inc. , the second-biggest U.S. video rental chain, on Tuesday said it filed for Chapter 11 bankruptcy protection in an effort to cut debt and reorganize as it faces competition from lower-cost rivals such as Netflix . (Tue, 16 Oct 2007 10:06:58 GMT)

Movie Gallery files for bankruptcy
Video-rental chain finally overwhelmed by the huge amount of debt it took on to acquire rival Hollywood Entertainment in 2005. (Tue, 16 Oct 2007 11:41:54 GMT)

Kitty Hawk Aircargo files for bankruptcy
Dallas-based Kitty Hawk Inc. and its subsidiaries, including Kitty Hawk Aircargo, which handles close to 90 percent of the freight shipped in and out of Fort Wayne International Airport, filed for Chapter 11 bankruptcy Monday. (Tue, 16 Oct 2007 12:02:13 GMT)

MTI Technology Corporation Announces Agreement to Sell European Operations and Commencement of Bankruptcy Proceedings
MTI Technology Corporation announced today that it has reached a definitive agreement with Zinc Holdings, LLC, a private equity sponsored investment group, pursuant to which, subject to bankruptcy court approval, Zinc Holdings will acquire MTI's European operating subsidiaries for approximately $5.5 million cash at closing. (Tue, 16 Oct 2007 13:00:00 GMT)

Movie Gallery files bankruptcy
The second largest movie rental company in the United States filed Chapter 11 bankruptcy Tuesday. (Tue, 16 Oct 2007 13:38:28 GMT)

Delta bounces back from bankruptcy
Delta Air Lines , the US carrier that emerged from bankruptcy at the end of April, on Tuesday reported earnings quadrupled in its third quarter as sales rose by 10 per cent. (Tue, 16 Oct 2007 13:39:57 GMT)

Movie Gallery Seeks Bankruptcy Protection Amid Losses (Update2)
Oct. 16 (Bloomberg) -- Movie Gallery Inc., the second- largest U.S. video-rental chain, sought bankruptcy protection from creditors after two years of losses and increased competition from Blockbuster Inc. and Netflix Inc. (Tue, 16 Oct 2007 13:56:52 GMT)

Movie Gallery files for bankruptcy protection
Movie Gallery Inc., the second-largest U.S. video-rental chain, which has a store in Berkeley, sought bankruptcy protection from creditors after two years of losses and increased competition from Blockbuster Inc. and Netflix Inc. (Tue, 16 Oct 2007 14:10:40 GMT)

Movie Gallery files for bankruptcy; store closings likely
Video rental giant Movie Gallery filed for bankruptcy Tuesday and indicated it could close additional stores to save money, but it said it had no plans to shake up management in the process. (Tue, 16 Oct 2007 17:54:01 GMT)

No Sale In Sight, Movie Gallery Files For Chapter 11 Bankruptcy
It should come as no surprise to anyone that video-rental chain Movie Gallery has filed for Chapter 11 bankruptcy in the United States Bankruptcy Court for the Eastern District of Virginia, Richmond Division, while announcing a plan to reorganize and restructure its debt. (Tue, 16 Oct 2007 18:56:00 GMT)

Video rental chain Movie Gallery in bankruptcy
BIRMINGHAM, Ala. — Video rental chain Movie Gallery Inc. filed for bankruptcy Tuesday and indicated it could close additional stores to save money. But it said it had no plans to shake up management in the process. Movie Gallery, the nation's No. 2 video rental chain, sought Chapter ... (Wed, 17 Oct 2007 04:27:05 GMT)

Movie Gallery seeks bankruptcy protection
Company lists debt of $1.4 billion in Chapter 11 petition. Movie Gallery Inc., the second-largest U.S. video-rental chain, sought bankruptcy protection from creditors, promising to cut debt by $400 million and to leave shareholders with 2 percent of the company. (Wed, 17 Oct 2007 07:27:03 GMT)

Movie Gallery seeks bankruptcy protection
Movie Gallery Inc., the second-largest U.S. video-rental chain, sought bankruptcy protection from creditors, promising to cut debt by $400 million (U.S.) and to give shareholders 2 per cent of the reorganized company's equity. (Wed, 17 Oct 2007 08:52:18 GMT)

Video chain files for bankruptcy
Movie Gallery Inc. filed for bankruptcy Tuesday. (Wed, 17 Oct 2007 10:49:52 GMT)

House May Alter Bankruptcy Code for Homeowners
The House Judiciary Committee is considering changing the bankruptcy code to offer greater protections for homeowners. Foreclosure filings have risen to their highest level since the Great Depression. (Wed, 17 Oct 2007 12:45:52 GMT)

Bankruptcy court approves Movie Gallery financing
Movie Gallery Inc. received approval during its first appearance at the U.S. Bankruptcy Court late Tuesday to access financing from lenders and to pay employees and vendors. (Wed, 17 Oct 2007 16:41:59 GMT)

Consumer group facing bankruptcy
OTTAWA - The Consumers Association of Canada is facing bankruptcy and may be forced to dissolve as a result of an ongoing legal battle with Pepsi, Coca Cola and other beverage companies that charge consumers to recycle cans and bottles. (Wed, 17 Oct 2007 20:06:32 GMT)

Considering bankruptcy? Cable show to provide tips
Each year, thousands of Americans claim bankruptcy as a way to wipe out debts. Most of us want to pay our bills on time, but, sometimes, illness, unemployment, divorce or simply overspending make it impossible to do so. (Thu, 18 Oct 2007 03:17:30 GMT)

Bankruptcy reform impact lackluster
Congress voted to change the bankruptcy code to require more people to pay some of what they owed because a majority of lawmakers believed Americans were using bankruptcy as an easy way out of debt. (Thu, 18 Oct 2007 06:14:22 GMT)

Bankruptcy law isn't much help to Tennessee
WASHINGTON — Congress voted to change the bankruptcy code to require more people to pay some of what they owe because a majority of lawmakers believed Americans were using bankruptcy as an easy way out of debt. (Thu, 18 Oct 2007 07:07:21 GMT)

Mid-Missouri Bankruptcy Center
Can federal or state taxes be filed on. Do you mean can you get rid of (discharge) federal and state taxes in a bankruptcy? The anser is yes, and no. Older taxes can be discharged, but only under circumstances that are too detailed to go into here. (Thu, 18 Oct 2007 09:19:36 GMT)

Despite change in law, Tennessee still leads nation in bankruptcy
In Tennessee, one in every 84 households filed a bankruptcy claim — a level that kept the Volunteer State No. 1 in the nation. (Thu, 18 Oct 2007 12:57:51 GMT)

Despite change in law, Tennessee still leads nation in bankruptcy
In Tennessee, one in every 84 households filed a bankruptcy claim - a level that kept the Volunteer State No. 1 in the nation. (Thu, 18 Oct 2007 13:06:42 GMT)

Stevenson retires as federal court's chief bankruptcy judge
GRAND RAPIDS, Mich. -- A pioneering federal judge has retired. Sixty-five-year-old Jo Ann Stevenson was the chief bankruptcy judge in the Grand Rapids-based Western District of... (Thu, 18 Oct 2007 14:02:17 GMT)

Ninth Circuit Names Bankruptcy Judge Erithe Smith to New Term
The Ninth U.S. Circuit Court of Appeals has appointed Bankruptcy Judge Erithe A. Smith to a second 14-year term on the U.S. Bankruptcy Court for the Central District of California. (Thu, 18 Oct 2007 18:58:36 GMT)

Lionel Bankruptcy Hearing Delayed
A judge has postponed a key hearing on Lionel LLC's exit from bankruptcy, as talks to settle a lengthy trade-secrets battle intensify between the model-train maker and MTH Electric Trains. (Thu, 18 Oct 2007 21:54:23 GMT)

Barber and Ross files motion in bankruptcy court
Winchester — A United States Bankruptcy Court judge will hear arguments in a motion filed by Barber and Ross Company that could put the Frederick County-based company on a course toward Chapter 11 bankruptcy. (Fri, 19 Oct 2007 05:03:23 GMT)

Copper Ridge files bankruptcy
Copper Ridge LLC filed bankruptcy Thursday in the U.S. District Court of Alexandria, one day before the East Chandler Street property would have been sold at auction in Culpeper. (Fri, 19 Oct 2007 07:47:01 GMT)

Copper Ridge files bankruptcy
Copper Ridge LLC filed bankruptcy Thursday in the U.S. District Court of Alexandria, one day before the East Chandler Street property would have been sold at auction in Culpeper. "The foreclosure sale is now stayed," said trustee Paul Bliley Jr., the Richmond lawyer representing the creditors. "We will look and see what they plan to do and how we should proceed." Copper Ridge lawyer Jim Vidmar, ... (Fri, 19 Oct 2007 08:11:51 GMT)

A Viable Alternative to Bankruptcy
(ARA) - If you're carrying thousands of dollars in credit card debt, struggling to pay the rent every month and getting calls from collections agencies, you might be considering bankruptcy. Yet for almost all circumstances, a good financial advisor will tell you that's the last thing you should do. (Fri, 19 Oct 2007 08:16:35 GMT)

Lemieux to get $21 million in Penguins' bankruptcy settlement
PITTSBURGH (AP) - A newpaper reports that Pittsburgh Penguins co-owner Mario Lemieux will get $21 million as part of the team's settlement of its 1990s bankruptcy. (Fri, 19 Oct 2007 12:00:45 GMT)

Lemieux to get $21M in bankruptcy settlement
Pittsburgh Penguins co-owner Mario Lemieux will get $21 million as part of the team's settlement of its 1998 bankruptcy. (Fri, 19 Oct 2007 18:44:34 GMT)

Lemieux to get $21M in bankruptcy settlement
Penguins co-owner Mario Lemieux will get $21 million as part of the team's settlement of its 1998 bankruptcy. (Fri, 19 Oct 2007 19:35:12 GMT)

Former NHL star Lemieux to get US$21 million in Penguins' bankruptcy settlement
PITTSBURGH - Penguins co-owner Mario Lemieux will get US$21 million as part of the team's settlement of its 1990s bankruptcy, the Pittsburgh Post-Gazette reported Friday. (Fri, 19 Oct 2007 22:00:00 GMT)

Lemieux to get $21M in bankruptcy case
Penguins co-owner Mario Lemieux will get $21 million as part of the team's settlement of its 1990s bankruptcy, the Pittsburgh Post-Gazette reported Friday. Lemieux was owed $32 million in deferred compensation when he retired as a player in 1997. He won't get additional money on the contract and is believed to be the only unsecured creditor to get less than 100 percent of money owed. (Fri, 19 Oct 2007 22:00:14 GMT)

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