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 Aug 2012

Orchestra's final exit from bankruptcy
The Philadelphia Orchestra Association is out of bankruptcy. U.S. Bankruptcy Judge Eric L. Frank approved the association's reorganization plan June 28, but with the writing of checks and completion of other administrative matters Monday and Tuesday, the curtain officially came down on perhaps the most perilous episode in the history of the organization that supports and presents the storied ... (Wed, 01 Aug 2012 00:22:52 -0700)

Philadelphia orchestra escapes bankruptcy
Philadelphia's renowned orchestra has officially emerged from bankruptcy, in part thanks to a visit to China, and now looks forward to an unexpectedly bright future, the CEO said Tuesday. (Wed, 01 Aug 2012 02:09:08 -0700)

Bankruptcy Attorney in Orange County CA Partners with Internet Marketing Experts to Strengthen an Already Strong ...
Zhou and Chini, one of Orange County Bankruptcy law firms are now using a new partnership to help locate residents looking for some relief from creditors. The Orange County Bankruptcy consultations promoted by the bankruptcy lawyers are getting a boost from SEO experts http://www.knackmedia.com. The bankruptcy law office of Zhou and Chini extended their marketing campaigns by having the SEO ... (Wed, 01 Aug 2012 03:09:45 -0700)

US orchestra escapes bankruptcy
The Philadelphia Orchestra emerges from bankruptcy a month after a judge approved its reorganisation plan. (Wed, 01 Aug 2012 04:48:22 -0700)

Affordable Bankruptcy Courses® to Offer Low Cost Solutions for Credit Counseling and Debtor Education Courses
PLANTATION, Fla., Aug. 1, 2012 /PRNewswire/ --  Affordable Bankruptcy Courses has recently emerged as a low price leader of Credit Counseling and Debtor Education Courses.  The Affordable Bankruptcy Courses ... (Wed, 01 Aug 2012 12:10:00 -0700)

Assured says Stockton bankruptcy plan unfair, favors Calpers
SAN FRANCISCO (Reuters) - Bond insurer Assured Guaranty, facing massive losses in Stockton, California's bankruptcy, on Wednesday said the largest U.S. public pension fund, Calpers, was getting preferential treatment among creditors. That may set the stage for a fight over whether cities in dire circumstances legally have the ability to change obligations under pension plan benefits agreed to in ... (Wed, 01 Aug 2012 16:45:18 -0700)

San Bernardino, California, Files for Bankruptcy Protection
San Bernardino, California, filed for municipal bankruptcy after disclosing a $46 million budget shortfall and a criminal investigation of some of its departments. (Wed, 01 Aug 2012 17:12:44 -0700)

Third Californian city bankruptcy
California's city of San Bernardino officially files for bankruptcy protection, becoming the state's third city to go bust in just over a month. (Wed, 01 Aug 2012 19:05:13 -0700)

San Bernardino, Calif., files for bankruptcy
San Bernardino, Calif., filed for bankruptcy protection on Wednesday citing more than $1 billion of debts and making it the third California city to seek protection from creditors. (Wed, 01 Aug 2012 19:48:13 -0700)

San Bernardino, California, files for bankruptcy with over $1 billion in debts
LOS ANGELES (Reuters) - San Bernardino filed for bankruptcy protection on Wednesday citing more than $1 billion of debts and making it the third California city to seek protection from creditors. The city of about 210,000 residents 65 miles east of Los Angeles declared a fiscal crisis last month after a report said local government had tapped out its reserves and projected spending would top ... (Wed, 01 Aug 2012 21:09:30 -0700)

San Bernardino files for bankruptcy
A California city filed for bankruptcy Wednesday, the third in the Golden State to do so in recent weeks, stoking experts' concerns that other cities could follow suit. (Thu, 02 Aug 2012 00:09:00 -0700)

Bankruptcy filings fall in South Florida
Fewer South Florida residents filed for bankruptcy in July, the fourth straight month of declining bankruptcies and an 18 percent drop from a year ago. (Thu, 02 Aug 2012 01:23:48 -0700)

Will Bankruptcy Scare Off Future Spouse?
How will massive debt and a bankruptcy on your record impact your dating life? (Thu, 02 Aug 2012 06:50:00 -0700)

Trustee Objects to ResCap Bankruptcy-Bonus Plan
A bankruptcy watchdog is objecting to a plan by bankrupt mortgage lender Residential Capital LLC to pay nearly $18 million in bonuses to about 200 employees. (Thu, 02 Aug 2012 12:16:27 -0700)

Riverside Bankruptcy Attorneys Help Stop Foreclosures By Filing Chapter 13 Bankruptcy For Homeowners In Need Of Debt ...
Riverside California bankruptcy attorneys are running new ads for struggling homeowners in Southern California. The Riverside bankruptcy lawyers are offering consultations for free to homeowners that are in default or going into default with their home mortgage. The bankruptcy law firm extended their marketing campaigns to promote helping property owners homes by filing bankruptcy in Riverside ... (Fri, 03 Aug 2012 03:08:33 -0700)

BANKRUPTCY WEEK AHEAD: Kodak Prepares for Patent Auction
Eastman Kodak Co. (EKDKQ) next week will put more than 1,000 of its lucrative imaging patents on the auction block, a sale the company's creditors are counting on for payment. (Fri, 03 Aug 2012 09:45:22 -0700)

Judge approves Patriot's bankruptcy financing
Patriot Coal Corp.'s bankruptcy judge said she planned to approve an amended version of an $802 million loan agreement that would help the Creve Coeur-based coal producer fund operations while it tries to reorganize. (Fri, 03 Aug 2012 22:00:00 -0700)

Temecula Bankruptcy Attorneys Can Help Stop Foreclosures By Filing Chapter 13 Bankruptcy For Homeowners In Need Of ...
Temecula California bankruptcy attorneys Zhou and Chini are running new ads for struggling homeowners in Southern California. The bankruptcy attorneys are offering free consultations for homeowners that are in default with their home loan. The bankruptcy law firm extended their marketing campaigns to promote saving property owners homes by filing bankruptcy. ... (Sat, 04 Aug 2012 03:02:17 -0700)

K-V Pharmaceutical Files for Bankruptcy Protection
K-V Pharmaceutical Co. (KV/A) , a provider of women’s health-care products, filed for bankruptcy after it said lax federal enforcement and state Medicaid restrictions prevented it from attaining the “full value” of a medicine intended to help pregnant women avoid premature births. (Sat, 04 Aug 2012 09:42:38 -0700)

Bankruptcy falls to lowest level since 2003
Bankruptcy drops 27% in past year as individuals with smaller debts opt for lower-cost debt relief orders The number of people in England and Wales who have declared themselves bankrupt has fallen to the lowest level since 2003. However, the number of people with smaller debts who have become insolvent has risen, according to official figures. Overall, insolvencies have dropped to a four-year ... (Sat, 04 Aug 2012 16:55:32 -0700)

Gymnast Gabby Douglas' mom filed for bankruptcy
Court records show that the mother of Olympic gymnast Gabby Douglas filed for bankruptcy earlier this year in Virginia. (Sun, 05 Aug 2012 10:54:59 -0700)

US gymnast's mom filed for bankruptcy
US gymnast's mom filed for bankruptcy (AP) — Court records show that the mother of Olympic gymnast Gabby Douglas filed for bankruptcy earlier this year in Virginia. Documents filed in January in the Eastern District of Virginia show Natalie Hawkins filed for Chapter 13 bankruptcy, which allows a person to reorganize their finances and pay down debt over several years. (Sun, 05 Aug 2012 12:57:28 -0700)

U.S. gymnast's mom filed for bankruptcy
U.S. gymnast's mom filed for bankruptcy (AP) — Court records show that the mother of Olympic gymnast Gabby Douglas filed for bankruptcy earlier this year in Virginia. Documents filed in January in the Eastern District of Virginia show Natalie Hawkins filed for Chapter 13 bankruptcy, which allows a person to reorganize their finances and pay down debt over several years. (Sun, 05 Aug 2012 15:42:47 -0700)

Douglas' mom filed for bankruptcy earlier this year
NORFOLK, Va. (AP) -- Court records show that the mother of Olympic gymnast Gabby Douglas filed for bankruptcy earlier this year in Virginia. (Mon, 06 Aug 2012 00:09:55 -0700)

Irvine Bankruptcy Attorneys Can Help Stop Foreclosures By Filing Chapter 13 Bankruptcy For Homeowners In Need Of ...
Irvine bankruptcy attorneys Zhou and Chini markets for struggling homeowners in Southern California. The bankruptcy attorneys are offering zero cost consultations for homeowners that are in default with their home mortgages. The bankruptcy law firm extended their marketing campaigns to promote saving property owners homes by filing bankruptcy. ... (Mon, 06 Aug 2012 06:17:34 -0700)

Knight Avoids Bankruptcy--What Now?
The team at Knight Capital Group dodged the bankruptcy bullet this weekend when it secured a $400 million deal which ensures its survival. (Mon, 06 Aug 2012 06:31:58 -0700)

KV Pharmaceutical files for bankruptcy
Bridgeton-based drugmaker could not realize potential of controversial prenatal injection (Mon, 06 Aug 2012 08:49:00 -0700)

K-V Pharma seeks Chapter 11 bankruptcy protection
K-V Pharmaceutical Co. has filed filing for Chapter 11 bankruptcy protection as it deals with weak sales, a payment related to its costly preterm birth drug Makena, and sanctions related to past manufacturing ... (Mon, 06 Aug 2012 09:21:49 -0700)

K-V Pharma seeks Chapter 11 bankruptcy protection
K-V Pharmaceutical Co. has filed filing for Chapter 11 bankruptcy protection as it deals with weak sales, a payment related to its costly preterm birth drug Makena, and sanctions related to past manufacturing problems. (Mon, 06 Aug 2012 15:55:10 -0700)

Reaffirm mortgage post-bankruptcy?
Dear Bankruptcy Adviser,We declared bankruptcy and tried to reaffirm our mortgage, but our mortgage company wouldn't allow it. How long before another financial institution will let us refinance our mortgage? ... (Tue, 07 Aug 2012 03:00:00 -0700)

Bankruptcy Attorney in Anaheim Stops Foreclosures By Filing Chapter 13 Bankruptcy For Homeowners In Need Of Saving ...
Anaheim bankruptcy attorneys are marketing for struggling property owners in Southern California. The bankruptcy attorneys are offering zero cost consultations for homeowners that are in default with their home mortgages. The bankruptcy law firm extended their marketing campaigns to promote saving property owners homes by filing bankruptcy. ... (Tue, 07 Aug 2012 06:07:18 -0700)

Bankruptcy judge OKs Patriot Coal financing
A bankruptcy judge in New York has approved an $802 million financing package for Patriot Coal Corp. to continue operations as it restructures. (Tue, 07 Aug 2012 10:55:35 -0700)

Reaffirm Mortgage Post-Bankruptcy?
Keeping your home after bankruptcy isn't just about reaffirming your mortgage. (Tue, 07 Aug 2012 12:37:58 -0700)

Dan Walters: Three California cities' bankruptcy cases reverberate
The back-to-back bankruptcy filings of Stockton and San Bernardino, following Vallejo's insolvency a few years earlier, have sparked finger-pointing about causes and speculation about whether more cities may go under. (Tue, 07 Aug 2012 20:38:53 -0700)

Saab Automobile, Iceland Banks, Rangers, Japan Air: Bankruptcy
Spyker NV (SWAN) , the Dutch owner of the Saab brand of cars, sued General Motors Co. (GM) in the U.S. for $3 billion over claims it sought to drive the company into bankruptcy by avoiding competition in the Chinese market. (Wed, 08 Aug 2012 05:32:02 -0700)

K-V Pharmaceutical "First Day" Motions Approved by U.S. Bankruptcy Court
ST. LOUIS, Aug. 8, 2012 /PRNewswire/ -- K-V Pharmaceutical Company ("K-V" or "the Company") today announced that all "First Day" motions presented to the U.S. Bankruptcy Court ... (Wed, 08 Aug 2012 08:09:00 -0700)

American Airlines pilots reject contract offer, bankruptcy judge could impose harsh terms
DALLAS - Pilots for American Airlines expressed their anger with management by overwhelmingly rejecting the company's final contract offer, but mechanics approved a contract by a razor-thin margin. (Wed, 08 Aug 2012 12:22:17 -0700)

Linux Copyright Troll SCO Files for Double Secret Bankruptcy
SCO Group — the company behind a number of lawsuits relating Linux — has filed for Chapter 7 bankruptcy, a step beyond the more common Chapter 11 bankruptcy status. It’s not the end of the road for the much-hated company, but it’s close. (Wed, 08 Aug 2012 13:19:57 -0700)

California passes on tweaking municipal bankruptcy law
(Reuters) - California's legislature will not revise a state law intended to keep municipalities from seeking Chapter 9 bankruptcy protection, an aide to a top lawmaker said on Wednesday. A bill proposing changes to the law has been shelved for the rest of the year as lawmakers focus on other matters, notably talks with Governor Jerry Brown on his package of proposed reforms for the state's ... (Wed, 08 Aug 2012 16:17:12 -0700)

Utah bankruptcy filings fall 13 percent so far this year
Utah bankruptcy filings fall 13 percent so far this year By Steven Oberbeck The Salt Lake Tribune Published Aug 9, 2012 11:17AM MDT The number of Utahns who filed for bankruptcy fell 13 percent during the first half of 2012. U.S. Bankruptcy Court for Utah Clerk David Sime said the court received 8,647 bankruptcy petitions during the first six months of the year, down from the 9,927 filings ... (Wed, 08 Aug 2012 20:51:08 -0700)

Bankruptcy challenge cites CalPERS bias
STOCKTON - The first major creditor to challenge Stockton's bankruptcy filed papers Wednesday, seeking to have a judge toss the case because the city didn't ask its largest stakeholder to take a loss. (Thu, 09 Aug 2012 00:16:49 -0700)

Ask an Expert: Best Credit Card After Bankruptcy?
I review dozens of credit card offers each week to find the best deals. Check out more on our credit card page . Have a question? Email me . A Money Talks News reader recently wrote me with this question, ... (Thu, 09 Aug 2012 02:40:55 -0700)

Fitch: Syracuse Bankruptcy Unlikely Now, Others Remain Uncertain
Fitch believes the city of Syracuse's objective for requesting a legal expert's opinion on municipal bankruptcy is only informational and it is unlikely that the city will pursue bankruptcy in the near future. (Thu, 09 Aug 2012 12:16:00 -0700)

Stockton Creditor Asks Judge to Dismiss City’s Bankruptcy
Stockton, California, shouldn’t be allowed to remain under bankruptcy court protection because it failed to negotiate with creditors in earnest and can’t form a viable debt adjustment plan, a creditor said in court papers. (Thu, 09 Aug 2012 13:17:03 -0700)

Bond insurer contests Stockton bankruptcy over pensions
SAN FRANCISCO (Reuters) - A unit of bond insurer MBIA Inc challenged the California city of Stockton's eligibility for bankruptcy, making an argument -- that the city can cut pension benefits -- with potentially profound implications for the state. The bond insurer in a court filing said the city's failure to ask for concessions from the California Public Employees' Retirement System pension ... (Thu, 09 Aug 2012 13:51:47 -0700)

Bond insurers contest Stockton bankruptcy over pensions
SAN FRANCISCO (Reuters) - Two bond insurers challenged the eligibility of Stockton, California, for bankruptcy, arguing that the city can cut pension benefits, a move that could have profound implications for the state. The court filings set a roadmap for a battle, in or out of bankruptcy court, in which Wall Street takes on the largest public U.S. pension fund, the California Public Employees ... (Thu, 09 Aug 2012 17:03:28 -0700)

Bankruptcy Attorney In Corona Works With Homeowners To Stop Foreclosure Process By Filing For Chapter 13 Bankruptcy In ...
Zhou and Chini bankruptcy attorneys are launching new ads for struggling homeowners in Corona California. The Riverside bankruptcy attorneys are offering free consultations for property owners that are in default with their mortgages. The bankruptcy attorneys extended their internet marketing campaigns to promote saving homeowners properties by filing bankruptcy. ... (Thu, 09 Aug 2012 17:12:25 -0700)

San Bernardino bankruptcy may start trend for California cities: Moody's
SAN FRANCISCO (Reuters) - The recent bankruptcy filing by San Bernardino, California, underscores the financial stress faced by cities in the state and the potential that more might seek Chapter 9 protection from their creditors, Moody's Investors Service said on Thursday. San Bernardino is the third city in the most populous U.S. state to file for bankruptcy since late June, following the ... (Thu, 09 Aug 2012 18:09:08 -0700)

Tainted wipe firms file for bankruptcy
A pair of Wisconsin companies that made contaminated alcohol wipes blamed for the death of a toddler filed for bankruptcy this week after a flurry of lawsuits, their lawyers confirmed on Friday. (Fri, 10 Aug 2012 11:01:28 -0700)

Passionate Pet, Inc. Denies Bankruptcy Filing
WELLINGTON, Fla., Aug. 10, 2012 /PRNewswire/ -- Passionate Pet, Inc. (PINKSHEETS: "PPET"), a Nevada Corporation, has not filed for bankruptcy as the symbol change may suggest. The Company changed ... (Fri, 10 Aug 2012 13:19:00 -0700)

After bankruptcy, Vallejo is a city of both dreams and struggles
A number of businesses have opened in recent months, and municipal finances have reached a degree of stability. But there are still many empty storefronts, and crime is a major concern. VALLEJO, Calif. — Nine months after this former Navy town emerged from bankruptcy protection, its Police Department is about a third smaller than at its peak. The Fire Department has been slashed by nearly a ... (Sun, 12 Aug 2012 09:32:13 -0700)

HOW MUCH GOVERNMENT? The growing shadow of municipal bankruptcy
Heritage Media, in cooperation with other Journal Register Co. newspapers in Michigan, is running a series of reports that analyze these questions: How much government, at the local level, are taxpayers willing to to pay for? With unemployment high and home values low, do taxpayers of 2012 draw the line in a very different place than they did a decade ago? (Mon, 13 Aug 2012 06:22:28 -0700)

Personal bankruptcy filings drop nationwide and in Mass.
Nationwide bankruptcy filings fell sharply in the first six months of 2012 to 627,000, compared to 725,000 for... (Mon, 13 Aug 2012 09:51:27 -0700)

Developer files for bankruptcy over Medford property
VOORHEES — Medford Village East Associates has filed for bankruptcy in federal court after attempting for years to build a large, mixed-use complex on its rural land. (Mon, 13 Aug 2012 16:19:28 -0700)

Should I reaffirm car loan after bankruptcy?
Dear Bankruptcy Adviser,I recently filed for Chapter 7 bankruptcy. I would like to keep my vehicle, and I owe a balance of $5,300. The vehicle is worth $12,400. Do I have any leverage to negotiate with ... (Tue, 14 Aug 2012 03:00:00 -0700)

Bank Pekao SA - File for bankruptcy of FPB Media Sp. z o.o.
 UNOFFICIAL TRANSLATION Report 34/2012: File for bankruptcy of FPB Media Sp. z o.o. The Management Board of Bank Polska Kasa Opieki S.A. ("Bank") informs that on the day of 13 August 2012, the ... (Tue, 14 Aug 2012 09:04:10 -0700)

InCharge Showcases Bankruptcy Courses at Cincinnati Event
ORLANDO, Fla., Aug. 14, 2012 /PRNewswire/ --  InCharge® Debt Solutions ("InCharge"), a nonprofit credit counseling agency, will be on hand to showcase its bankruptcy courses at the 2012 Midwest ... (Tue, 14 Aug 2012 11:22:00 -0700)

Municipal bankruptcy a risk, even where it's disallowed: Fitch
(Reuters) - Barely half of U.S. states allow their local governments to file for bankruptcy, but Fitch Ratings will continue to factor in the probability of a Chapter 9 filing for all tax-supported local debt it rates, the agency said on Tuesday. Fitch added a new section on the legal and structural framework of debt in its criteria for rating U.S. local government bonds supported by taxes ... (Tue, 14 Aug 2012 15:25:49 -0700)

Bankruptcy judge considers Pilatus’ claim against Hawker Beechcraft
In a hearing Tuesday, a U.S. bankruptcy judge considered Swiss planemaker Pilatus Aircraft’s claim that Hawker Beechcraft owes it more than $1 million in royalties for use of intellectual property in the production of T-6 military trainers, which uses a Pilatus design for its airframe. (Tue, 14 Aug 2012 16:05:58 -0700)

Feds: Idaho lawmaker's bankruptcy plan 'not feasible'
Federal prosecutors are calling for Idaho Rep. Phil Hart's proposed bankruptcy plan to be dismissed, saying it's improper, it wouldn't appropriately satisfy his half-million-dollar federal income-tax debt, and it relies on an income source that will disappear at the end of this year: his legislative salary. (Tue, 14 Aug 2012 21:34:00 -0700)

HOW MUCH GOVERNMENT? The growing shadow of municipal bankruptcy
Heritage Media, in cooperation with other Journal Register Co. newspapers in Michigan, is running a series of reports that analyze these questions: How much government, at the local level, are taxpayers willing to to pay for? With unemployment high and home values low, do taxpayers of 2012 draw the line in a very different place than they did a decade ago? (Wed, 15 Aug 2012 06:46:56 -0700)

NewPage files bankruptcy reorganization plan
The parent company of the paper mill in Rumford, Maine, has filed its reorganization plan 11 months after seeking Chapter 11 bankruptcy protection.Ohio-based NewPage Corp. said Tuesday that the plan was ... (Wed, 15 Aug 2012 08:09:37 -0700)

Charles Street AME church bankruptcy case resumes
As bankruptcy proceedings began Wednesday for the Charles Street AME Church, lawyers for its largest lender, OneUnited Bank, sought to have the case dismissed, arguing that the church is not a business and is not in a position to have it debts dismissed. (Wed, 15 Aug 2012 11:09:08 -0700)

Pfizer’s Quigley Wins Approval for Bankruptcy Plan Vote
Pfizer Inc. (PFE) ’s non-operating Quigley Co. unit won permission to have creditors vote on a bankruptcy plan that would bar most asbestos claims against the two companies, as a judge said the issue of whether Pfizer bought votes will be addressed later. (Wed, 15 Aug 2012 12:12:39 -0700)

Bankruptcy judge denies American Airlines' request to toss its pilots' contract
Judge Sean Lane said the airline’s proposed changes to furlough and flight code-sharing were not justified by its business plan or the practices of rival airlines. (Wed, 15 Aug 2012 15:12:34 -0700)

San Bernardino Firefighters May Fight City’s Bankruptcy
Firefighters in San Bernardino, California, asked the judge overseeing the city’s bankruptcy for more time to decide whether they will fight the decision by elected officials to seek court protection from creditors. (Thu, 16 Aug 2012 05:42:38 -0700)

Bankruptcy judge denies American Airlines' bid to cancel union contract with pilots
DALLAS - A federal bankruptcy judge has temporarily blocked American Airlines from throwing out its contract with union pilots and imposing measures that would lower its labour costs. (Thu, 16 Aug 2012 06:13:24 -0700)

Bankruptcy Attorney Los Angeles Service Offered by Zhou & Chini, Bankruptcy Attorneys Launch Ad Campaign Offering Free ...
Los Angeles bankruptcy law firm Zhou & Chini are focusing their marketing efforts in Los Angeles by offering zero cost consultations. The search volume for the phrase “bankruptcy attorney Los Angeles” is still a highly searched term in major search engines. With the housing market in Southern California and the current job market has many Los Angeles residents looking for a possible solution ... (Thu, 16 Aug 2012 10:02:52 -0700)

Bankruptcy: case of how many tricks you know
In classical theory it is dishonest to send out a bill for work you haven't done. If someone pays the bill then that is obtaining money by false pretences, or fraud. Judges have even said as much. (Thu, 16 Aug 2012 10:08:17 -0700)

American Airlines loses key decision in bankruptcy court
In an unexpected victory for the workers' union, a bankruptcy judge rejected American Airlines' request to throw out its pilots contract and impose concessions on its 8,000 pilots. (Thu, 16 Aug 2012 10:12:35 -0700)

The Myths about Bankruptcy
Bankruptcy can be extremely worrying, especially when you’ve got a family to look after. It may be a word that many people find unappealing, but sometimes it’s the quickest, cheapest and easiest way to get your finances back in order. (Fri, 17 Aug 2012 02:15:50 -0700)

Bankruptcy Attorney Riverside Retained For $100 From Riverside Bankruptcy Attorneys Zhou and Chini For Local Residents ...
Riverside California bankruptcy lawyers Zhou and Chini have some residents experiencing some relief from creditors. The bankruptcy attorney Riverside consultations offered to area residents has inspired some interest with the bankruptcy firm allowing individuals to speak to a Riverside bankruptcy attorney for free. The bankruptcy law office of Zhou and Chini extended their advertising campaigns ... (Fri, 17 Aug 2012 03:04:52 -0700)

For GM, Bankruptcy Talk Is Its Own Fault
All my life, long before I became a journalist, my mom warned me that there's no free lunch, and to be careful in asking for favors. "You don't want to be beholden," she has said, numerous times. If someone does something for you, you need to do something back as (Fri, 17 Aug 2012 04:29:44 -0700)

San Bernardino goes to bankruptcy court, stretches timeline
RIVERSIDE - San Bernardino appeared in federal bankruptcy court here for the first time Friday, with city officials saying they had agreed before the hearing to give creditors more time to file objections. Special Section: San Bernardino (Fri, 17 Aug 2012 11:27:12 -0700)

San Bernardino Bankruptcy Judge Sets Oct. 24 Deadline
Creditors of San Bernardino, California, have until Oct. 24 to decide whether they will try to have the city’s bankruptcy petition thrown out, a judge said in the city’s first day in court. (Fri, 17 Aug 2012 11:46:41 -0700)

ATP Oil & Gas Files for Bankruptcy Protection in Texas
ATP Oil & Gas Corp. (ATPG) filed for bankruptcy in the face of falling production and a looming $89 million interest payment. The company arranged a $700 million revolving credit facility before making the filing. (Fri, 17 Aug 2012 14:27:38 -0700)

Bondholders, insurers challenge San Bernardino bankruptcy
(Reuters) - Bondholders and bond insurers are challenging the eligibility of San Bernardino, California, to file for bankruptcy protection, claiming the city provided no financial information to its creditors. Their court filings follow one by the city's firefighters this week that asked for more time to decide whether they will fight San Bernardino's request for bankruptcy protection. ... (Fri, 17 Aug 2012 15:43:30 -0700)

Decrease In Bankruptcy Filings Recorded In Second Quarter
Continuing a trend that began last year, bankruptcy filings declined in Las Vegas during the second quarter. The 7,781 cases that originated during the quarter marked a 24.9 percent drop from a year ago, as all of the categories went down, U.S. Bankruptcy (Sat, 18 Aug 2012 00:00:10 -0700)

Bankruptcy Attorney Corona Law Firm Accepts $100 To Stop Harassing Phone Calls From Creditors By Corona Bankruptcy ...
Local Corona California bankruptcy attorneys have some residents felling a little relief from creditors. The bankruptcy attorney Corona consultations supplied to Corona residents has inspired some interest with the bankruptcy law firm allowing people to talk to a Corona bankruptcy attorney for free. The bankruptcy attorneys Zhou and Chini extended their marketing campaigns to assist the city of ... (Sun, 19 Aug 2012 06:02:16 -0700)

Watch: Panel I: Is the U.S. Headed Toward Bankruptcy?
Pat Toomey, Chris Van Hollen, Neil Barofsky, Austan Goolsbee, Grover Norquist, Kim Strassel. (Sun, 19 Aug 2012 07:58:47 -0700)

Watch: Panel II: Is the U.S. Headed Toward Bankruptcy?
Pat Toomey, Chris Van Hollen, Neil Barofsky, Austan Goolsbee, Grover Norquist, Kim Strassel. (Sun, 19 Aug 2012 07:59:32 -0700)

VIDEO: Kodak due in bankruptcy court
Kodak, which filed for bankruptcy protection in January, is due in a Manhattan court to provide an update on its progress. (Mon, 20 Aug 2012 03:22:16 -0700)

Paulson Resorts, ATP, Madoff, Slavery Museum: Bankruptcy
Paulson & Co. and Winthrop Realty Trust (FUR) gave up on trying to retain ownership of the remaining four resorts they foreclosed in early 2011. Instead, they will sell the properties to secured lender Government of Singapore Investment Corp. (Mon, 20 Aug 2012 05:44:07 -0700)

ATP Oil & Gas files for bankruptcy protection
ATP Oil & Gas Corp. filed for Chapter 11 bankruptcy protection, blaming costs and drilling cuts stemming from the 2010 Gulf Coast oil spill. (Mon, 20 Aug 2012 10:38:59 -0700)

Orchestras Fight Hard Times Through Bankruptcy Seeking New Model
Local chambers of commerce like to brag about their professional sports teams and arts groups as a way of attracting business and residents to their cities. (Mon, 20 Aug 2012 21:25:19 -0700)

Can your lender foreclose after bankruptcy?
Dear Bankruptcy Adviser,I filed Chapter 7 bankruptcy, and all debts listed were discharged in 2008. The bank has just notified me of plans to foreclose on a home that was discharged. They plan to put it ... (Tue, 21 Aug 2012 00:01:29 -0700)

Trustee sues U.S. over bankruptcy
WASHINGTON, Aug. 21 (UPI) -- The trustee of a bankrupt Colorado firm has filed a complaint in U.S. Bankruptcy Court accusing the Obama administration of hastening the firm's collapse. (Tue, 21 Aug 2012 07:49:09 -0700)

Yates bankruptcy case dismissed
The High Court has dismissed an application by Allied Irish Banks to have former Fine Gael minister and broadcaster Ivan Yates declared bankrupt. (Tue, 21 Aug 2012 09:47:06 -0700)

Mark Shale clothier files for bankruptcy
High-end Chicago fashion retailer Mark Shale announced Tuesday it is filing for Chapter 11 bankruptcy once again. “We have tried since Mark Shale was acquired to ensure the lasting success of this 83-year-old Chicago icon,” President Rich Myers said in a statement. “...Unfortunately, in this current economic environment and despite our significant efforts over the past few years, we have ... (Tue, 21 Aug 2012 10:29:30 -0700)

Can Your Lender Foreclose After Bankruptcy?
Bankruptcy may have put your debts behind you, but it doesn't erase the bank wanting your house. (Tue, 21 Aug 2012 12:55:11 -0700)

Beach Waterpark files for bankruptcy
The Beach Waterpark has filed for Chapter 11 bankruptcy, but it is unclear how the move will effect hundreds of people who have sued the company after losing money on season tickets. (Tue, 21 Aug 2012 16:09:07 -0700)

ATP Wins Approval for Credit Suisse Bankruptcy Financing
ATP Oil & Gas Corp. (ATPG) , the Gulf of Mexico oil producer that filed for bankruptcy last week, won preliminary approval from a judge for $618 million in financing. (Tue, 21 Aug 2012 19:12:39 -0700)

Beach Waterpark owners file for bankruptcy
Owners of The Beach Waterpark in Mason have filed for bankruptcy. The Beach owners filed for Chapter 11 bankruptcy Monday in U.S. Southern District Court just weeks after announcing a new operator, Adventure Holdings LLC, will take over and reopen the park next year under a new name. (Wed, 22 Aug 2012 02:32:44 -0700)

Syms, Mark Shale, Dewey, ATP Oil, Kodak, AMR: Bankruptcy
Dissident unsecured creditors of Syms Corp. laid out a theory yesterday of why the bankruptcy court can’t approve the Chapter 11 reorganization plan coming up for approval at an Aug. 29 confirmation hearing in U.S. Bankruptcy Court in Delaware. (Wed, 22 Aug 2012 05:59:12 -0700)

Tribune Creditors Win Potential Halt to Bankruptcy Plan
Tribune Co. creditors won the chance to temporarily halt the television and newspaper company’s exit from bankruptcy should they agree to post a $1.5 billion bond, a judge ruled today. (Wed, 22 Aug 2012 16:31:41 -0700)

Judge to stay Tribune Co. bankruptcy plan if creditors post bond
Junior creditors must post $1.5B by Aug. 29 The judge in Tribune Co.'s bankruptcy case Wednesday granted a stay of last month's confirmation order pending an appeal, but with the condition that Aurelius Capital Management and other junior creditors post a bond of $1.5 billion by August 29. (Wed, 22 Aug 2012 16:38:14 -0700)

California town settles dispute that prompted bankruptcy
SAN FRANCISCO (Reuters) - Mammoth Lakes, one of three communities in California to recently declare bankruptcy, said on Wednesday it reached a tentative agreement to settle the legal dispute that threatened to swamp the town's finances. The resort town of about 8,000 residents in California's Sierra Nevada Mountains said on its website that it settled a $43 million court judgment awarded to a ... (Wed, 22 Aug 2012 18:03:39 -0700)

Are you a candidate for bankruptcy?
Bankruptcy is a legal remedy, and as such only an attorney can properly advise you on the process. However, as far as being a candidate for the legal process, that is another question. My experience has ... (Thu, 23 Aug 2012 00:00:42 -0700)

Life after bankruptcy
You've declared bankruptcy. Now what? Life after bankruptcyAdopt a no-frills lifestyle.Rebuild good credit.Pay all bills on time.Build up a savings account.Get a credit card and pay off every month.Focus ... (Thu, 23 Aug 2012 00:00:45 -0700)

Judge in Tribune bankruptcy case grants stay of reorganization plan
The judge's order, pending an appeal of Tribune's plan to emerge from bankruptcy, comes with the condition that junior creditors post a $1.5-billion bond. The judge inTribune Co.'s long-running bankruptcy case put a hold on the media company's reorganization plan a month after approving it. (Thu, 23 Aug 2012 02:01:15 -0700)

Consumers Seeking Bankruptcy Advice on Avvo.com Reaches All-Time High
SEATTLE, Aug. 23, 2012 /PRNewswire/ -- Avvo, Inc., the web's largest expert-only legal and health Q&A forum and directory ( http://www.avvo.com ), latest Avvo Legal Advisory (ALA) shows that bankruptcy ... (Thu, 23 Aug 2012 06:00:00 -0700)

Apple Appeals Kodak Bankruptcy Court Patent Case Ruling
Apple Inc. (AAMRQ) is appealing a bankruptcy judge’s ruling in favor of Eastman Kodak Co. (EKDKQ) that blocked the iPhone maker’s claims to two patents. (Thu, 23 Aug 2012 07:46:41 -0700)

More talks for Stockton, creditors in city's bankruptcy case
SACRAMENTO, California (Reuters) - The city of Stockton, California and its creditors were steered into new talks with a mediator who settled a key dispute in another municipal bankruptcy case as a U.S. judge said on Thursday it may take months to determine if Stockton deserves court protection. Stockton, a city of nearly 300,000 people in the state's Central Valley, filed for Chapter 9 ... (Thu, 23 Aug 2012 14:06:58 -0700)

Steffy: ATP claim over bankruptcy doesn't hold water
Steffy: ATP claim over bankruptcy doesn't hold water Houston Chronicle Copyright 2012 Houston Chronicle. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. Published 9:29 p.m., Tuesday, August 21, 2012 To hear ATP Oil and Gas tell it, the Obama administration is to blame for its bankruptcy. In making its long- rumored Chapter 11 filing last week ... (Thu, 23 Aug 2012 19:07:31 -0700)

U.S. joins call to move Patriot Coal bankruptcy case
Mineworkers union, others also seek to have case moved out of New York. (Thu, 23 Aug 2012 22:15:00 -0700)

Judge lends bankruptcy experience to Stockton
SACRAMENTO - A judge who settled the city of Mammoth Lakes' bankruptcy this week will turn her attention next to forging agreements among Stockton and its creditors. (Fri, 24 Aug 2012 00:19:44 -0700)

Judge nixes bonuses to top Hawker Beechcraft execs
A bankruptcy judge nixed on Friday a proposal to give eight top Hawker Beechcraft executives up to $5.3 million in bonuses, ruling the plan merely rewarded them for staying at their jobs.U.S. Bankruptcy ... (Fri, 24 Aug 2012 12:43:52 -0700)

Morris Brown College files for bankruptcy
Facing more than $30 million in debt, Morris Brown College officials have filed for Chapter 11 bankruptcy. (Sun, 26 Aug 2012 08:26:20 -0700)

Dynegy creditors OK bankruptcy reorganization plan
Dynegy Inc. said Monday that its creditors overwhelmingly voted in favor of the Chapter 11 reorganization plan filed by the electricity producer and seller.A court hearing on confirming the plan is scheduled ... (Mon, 27 Aug 2012 08:32:32 -0700)

The Presidential Election: Will Broke Americans Get Bankruptcy Relief?
The presidential election is rapidly approaching and David Chang with Chang and Carlin, LLP explores what is often lost in the rhetoric and verbal attacks are the key issues that affect the lives of every American, specifically bankruptcy and personal financial issues.(PRWEB) August 27, 2012 The presidential election is rapidly approaching, and often lost in the rhetoric and verbal attacks are ... (Mon, 27 Aug 2012 08:58:24 -0700)

Homeowners Want Their Own Committee in ResCap Bankruptcy
Homeowners with mortgages serviced by Residential Capital LLC want to form an official committee in the company's bankruptcy case, which would give them a louder voice in the company's complicated Chapter 11 proceedings. (Mon, 27 Aug 2012 12:18:43 -0700)

Bankruptcy court seeks sale of Linwood Furniture assets
Linwood Furniture LLC, which is facing a Chapter 7 bankruptcy liquidation, had another sizable loss in July, according to a bankruptcy filing Monday. (Mon, 27 Aug 2012 12:41:05 -0700)

What can creditors take in a bankruptcy?
Dear Bankruptcy Adviser,I am on very limited income: unemployment and early Social Security. If I file Chapter 7 bankruptcy, can my creditors such as banks (for my charge cards) take my personal items ... (Tue, 28 Aug 2012 00:00:50 -0700)

Flagging economy drives up Brazil business bankruptcy filings
Bankruptcy filings byBrazil companies hit a three-year high in July after economicgrowth slowed drastically in recent months. Boa Vista/SCPC, a São Paulo-based credit research company,said bankruptcy filings ... (Tue, 28 Aug 2012 08:07:31 -0700)

The Cliffs emerges from bankruptcy
GREENVILLE, S.C., Aug. 28, 2012 /PRNewswire/ -- The Cliffs Communities, a distinctive lifestyle community in the heart of the Carolinas, is proud to announce today that the entities known as the Cliffs ... (Tue, 28 Aug 2012 08:30:00 -0700)

Patriot Coal Creditors Want Bankruptcy to Stay in N.Y.
Patriot (PCXCQ) Coal Corp.’s creditors, bankruptcy lenders and the company itself oppose a transfer of the case from Manhattan court to West Virginia , pitting themselves against unions, insurers and the U.S. government. (Tue, 28 Aug 2012 09:32:02 -0700)

DOE questions Solyndra bankruptcy plan
Solyndra LLC should provide more information about tax breaks that could be worth hundreds of millions of dollars to private equity funds that control the failed solar power company, government lawyers ... (Tue, 28 Aug 2012 15:11:52 -0700)

Bankruptcy Attorney in Murrieta Accepts $100 from Clients in Murrieta CA to Retain the Bankruptcy Law Firm of Zhou And ...
Murrieta residents like most of the people who live in Riverside County were hit hard by the housing collapse and bleak job market. The bankruptcy attorney’s offices of Zhou and Chini are announcing they are willing to accept payments from individuals seeking bankruptcy protection. The bankruptcy firm made headlines a short time ago with its massive internet marketing campaign promoting free ... (Wed, 29 Aug 2012 00:47:37 -0700)

Bain Capital’s Contec Holdings Files for Bankruptcy
Bain Capital LLC’s cable-box repair company, Contec Holdings Ltd., sought bankruptcy protection from creditors. (Wed, 29 Aug 2012 15:57:38 -0700)

California's San Bernardino seeks job, service cuts while in bankruptcy
(Reuters) - Officials in the California city of San Bernardino, which filed for bankruptcy this month, presented a plan on Wednesday to slash its budget by 30 percent and eliminate more than 100 jobs and cut services. The 71-page plan, presented to the city mayor and council in a special closed session - and unexpectedly released publicly on Wednesday evening - asks for the elimination of over ... (Wed, 29 Aug 2012 23:20:31 -0700)

DOE questions Solyndra bankruptcy plan
DOE questions Solyndra bankruptcy plan Associated Press Copyright 2012 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. Updated 10:11 a.m., Tuesday, August 28, 2012 DOVER, Del. (AP) — Lawyers for the federal government say Solyndra LLC needs to provide more information in its reorganization plan about tax breaks that could be ... (Thu, 30 Aug 2012 08:04:29 -0700)

Bain-owned cable-box company files for bankruptcy
A cable-box repair company owned by the private equity firm Bain Capital is filing for bankruptcy protection but says no jobs will be impacted. (Thu, 30 Aug 2012 09:40:21 -0700)

Bankruptcy judge says he may sanction Birmingham for filing Cooper Green Mercy Hospital lawsuit against Jefferson County
Bennett told attorneys for Birmingham that the sanctions could include forcing the city to pay the county's attorneys fees and other expenses it incurred in defending the city's lawsuit. (Thu, 30 Aug 2012 09:56:47 -0700)

Battle over pension debt looms in San Bernardino bankruptcy
(Reuters) - A high-stakes showdown pitting California's public employee pension fund against Wall Street bond firms in bankrupt San Bernardino, California, could be further complicated by wildly disparate estimates of how much the city owes for its retirees. San Bernardino, a city of about 210,000 near Los Angeles that filed for bankruptcy on August 1, has listed the California Public Employees ... (Thu, 30 Aug 2012 15:46:02 -0700)

Assets, Debt Dip in Bankruptcy Filings
Consumers headed into U.S. Bankruptcy Court last year with substantially fewer assets and less debt than in 2010, a possible sign of the toll ... (Fri, 31 Aug 2012 05:15:41 -0700)

Kodak, Tribune, Jefferson County, AMR, ATP: Bankruptcy
Eastman Kodak Co. (EKDKQ) , the bankrupt photography pioneer, reported a net loss of $78.8 million in July on revenue of $162.5 million. The cost of sales exceeded revenue by $3.5 million. (Fri, 31 Aug 2012 05:42:39 -0700)

Shedding Student Loans in Bankruptcy Is an Uphill Battle
To discharge student loans in bankruptcy, a borrower may have to convince a judge that life will never get better and destitution is certain. (Fri, 31 Aug 2012 08:26:22 -0700)

Shedding Student Loans in Bankruptcy Is an Uphill Battle
To discharge student loans in bankruptcy, a borrower may have to convince a judge that life will never get better and destitution is certain. (Fri, 31 Aug 2012 09:30:02 -0700)

Nine Months into AMR Bankruptcy, US Airways to Look at the Books
US Airways agrees to non-disclosure as it pursues AMR merger. Click to view a price quote on AAMRQ.PK . (Fri, 31 Aug 2012 09:34:57 -0700)

SAN BERNARDINO: Documents filed in support of bankruptcy
Only weeks before San Bernardino filed for bankruptcy, the city’s new finance director discovered that bookkeeping was woefully behind, according to documents filed in federal bankruptcy court Friday, Aug. 31. (Fri, 31 Aug 2012 21:05:15 -0700)


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