Business Bankruptcy And How to Avoid It.
If your business is facing debts and potential bankruptcy then there are legitimate ways to look at getting out of those debts. Rating: 0.0/5 (0 votes cast) Writers Wanted: Join Our Blogging Community Today! [more...]
Date: 2009-09-28 13:23:30
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Bonita Bay Brawl: Are Club Members “Victims” Of Developer Lucas and KeyBank?
By Teri Buhl for BankImplode.com The developer of Bonita Bay Club, an exclusive golf community on Florida’s west coast, is using aggressive tactics to get the club’s members to pay off his debts and save him from bankruptcy, according to some disgruntled investors. Questions continue to swirl regarding whether the club’s group of lenders, led by KeyBank , who had lent the developer $120 million by securing club property, is aiding in the scheme. [more...]
Date: 2009-09-29 16:03:28
Britain Becoming ‘Bankruptcy Tourism’ Hotspot
Cash-strapped Europeans are travelling to Britain to go bankrupt – then returning home debt-free. “Bankruptcy tourism” is becoming so popular that a company is now helping insolvent Europeans to travel and live temporarily in the UK. Lenient laws mean that foreigners can live in Britain, file for bankruptcy and leave with the slate wiped clean after [more...]
Date: 2009-09-27 15:44:02
[IMG Woman Sleeping]
My wife suffers from sleeping sickness Ask an expert: Narcolepsy is making it increasingly difficult for my wife to hold down a job ... bonds GO Consumer advice Shopping Your rights Buying and selling a car Holiday GO Credit & loans Get out of debt Bankruptcy Credit cards Picking loans Credit checks GO Insurance Home [more...]
Date: 2008-09-24 14:17:36
May We Offer You a Mandatory Unpaid Vacation? [Media Crack]
In your grim Wednesday media column: Mandatory "furloughs," flagging magazines, canceled parties, and no more fancy office plants: Gannett, ... ! Which will be mandatory, and unpaid. You have to admit this is much better than having your pay cut ... on the verge of bankruptcy, in debt up to its eyeballs (eyeball level: $436 million). But it just gets [more...]
Date: 2009-01-14 19:47:14
Control Your Debt to Eliminate it Entirely
Control Your Debt to Eliminate it Entirely Posted By Michael Geoffrey on @ 1: ... good budgeting, counseling, debt consolidation, or bankruptcy. The first step should always ... with this on your own, it would be advisable to turn to a credit counselor. Although they do charge for their services [more...]
Date: 2008-10-26 18:43:05
Kayte Has Drained Her Savings And Can’t Pay The Bills Anymore
Kayte wrote to me through the GetOutOfDebt.org site and asked the following question ... your credit card debt through bankruptcy might be worth looking into. I’d suggest that you speak ... in credit card debt. Due to the economy, we both have experienced a substantial decrease in our income (i.e. [more...]
Date: 2008-11-11 22:11:33
Are Junk Bonds A Buy?
In what I expect to be a wave of big name corporate bankruptcies, Canadian telecom giant Nortel files for bankruptcy protection.Nortel (NT) ... consider Junk Debt Showing Great Depression Defaults Lures Investors.Record yields on high-risk, high- yield bonds and loans are luring Babson Capital Management LLC and TCW Asset Management Co., even [more...]
Date: 2009-01-14 19:25:00
Are Bailouts Fair?
Paul Solman of The Business Desk on the PBS website received a question from an individual wondering if government money wouldn’t better be spent to pay off all of the outstanding credit card debt of Americans. While to some extent we’ve already got a system to handle out of control credit card debt - known as bankruptcy, the thought [more...]
Date: 2009-01-08 23:46:33
How to choose between Debt Consolidation or Bankruptcy
Unfortunately most people who have credit cards have so many that they spend almost everything they make in a month on paying those cards ... of trouble. The credit card company won’t come after you right away, first they add a late fee ... the companies are calling threatening you with lawsuit and wage garnishment. You now have two options [more...]
Date: 2008-12-16 05:11:37
The Irony of Bankruptcy. The More You Have The Better It Is.
I came across an article by Ann Woolner, “Buy a Beach House for Shelter When Going Bankrupt” that was absolutely spot on ... credit-card debt. You can modify student loans. You can modify debt on a yacht,” points out Levitin ... . “Current law permits modification of any type of debt in bankruptcy except for a single-family [more...]
Date: 2008-10-17 14:54:46
New Congress Looks To Add Mortgage Debt To Bankruptcies - BIG MISTAKE
Congress So we have finally flushed most of the bad debt out of our system in 2008 ... modify other unsettled obligations, such as credit card debt. While the housing market downswing ... problem on the horizon is that Congress is back in session today. Instead of looking at 2009 [more...]
Date: 2009-01-06 14:51:56
Bankruptcy: Pros and Cons
With today’s economic crisis, there are many individuals who may have no choice but to file for bankruptcy ... has been repossessed, or your debts have been taken over by a collection agency. As stated at the outset ... out there are consequences that need to be addressed. 1. Once you file for bankruptcy, it is listed on your credit [more...]
Date: 2009-01-09 14:49:45
Bankruptcy Bad Credit Mortgage Loan
The word bankruptcy gives rise to an image of utter helplessness ... one gets rid of all the debt problems in a short period of time. There are many debt elimination ... with multiple debt problems juggling with payments often consider bankruptcy. They feel it can offer [more...]
Date: 2008-12-03 04:00:19
Harold Pollack: "Get sick and get out." The travesty of medical foreclosures and bankruptcies
Today's news describes yet another study noting how often illness and medical expenses drive people into financial hardship ... bankruptcy researchers: Medical debt is central to the story. This is hardly surprising. Times are hard ... and further into debt. I became involved in many state boards and other opportunities... What kept [more...]
Date: 2008-09-20 21:49:52
[IMG Pensioner]
Can pension be linked to mortgage? Ask an expert: My husband is seriously ill and I fear the worst ... Income bonds GO Consumer advice Shopping Your rights Buying and selling a car Holiday GO Credit & loans Get out of debt Bankruptcy Credit cards Picking loans Credit checks GO Insurance [more...]
Date: 2008-09-24 14:17:36
Follow the debt
From the Times of Trenton: Bankruptcy lawyers’ business booming With real estate activity in a deep freeze, ... the debt. McCarter & English, the state’s largest law firm, will announce today it’s ramping ... with expertise in restructuring and debt management,” McCarter & English chairman Drew Barry said. Lawyers [more...]
Date: 2008-10-30 11:34:51
ABA Tax Section Awards
The ABA Tax Section yesterday announced the winners of its two inaugural Public Service Tax Fellowships (blogged here): Laura Newland (J.D ... and benefits, as well as law school debt assistance, by means of charitable contributions ... residents in the area of affordable housing (tax lien foreclosure), debt forgiveness, bankruptcy matters [more...]
Date: 2008-12-16 14:01:08
A Wall Street Bailout Might Be Necessary But It Makes Me Mad As Hell
I was sitting here this morning and it occurred to me how utterly ridiculous the Wall Street bailout is. Let’s look at a quick timeline ... Sues Credit Card Service, Alleging Bias. The article ... rewarded for limiting access to debt solutions like bankruptcy and then making billions of dollars [more...]
Date: 2008-09-23 17:39:27
The Election, Economy, War, and Peace
Turning to the future, what can we realistically expect of an Obama administration? We have two sources of information: actions and rhetoric ... , as when he supported a measure to make it harder for individuals to erase debt by declaring bankruptcy [more...]
Date: 2008-12-04 11:26:16
Debt Settlement negotiation tips How to get out of debt effectively
When you get to the point where you cannot even afford your minimum payment to cover all your debts you may think about bankruptcy however this is the wrong move Bankruptcy protection will only give you short term relief and destroy your credit meanwhile you .. [more...]
Date: 2009-09-18 11:06:06
Get Your Credit Report
One of the most important things a person can do to make sure their credit and financial health is in top notch shape is to make sure they stay on ... Ways To Improve Your Credit Rating Credit Card Debt Will Lead To Bankruptcy if not Careful Tips ... top of what's going on with their credit report. If you haven't taken a look at yours [more...]
Date: 2009-01-10 20:22:41
Mortgage Cram-Down Legislation Moves Ahead
From Reuters: a href=”http://uk.reuters.com/article/usPoliticsNews/idUKTRE5045P220090105″Lawmakers set new mortgage bankruptcy bill/a blockquoteLegislation designed to stem foreclosures by allowing bankruptcy judges to erase some mortgage debt will be introduced by Congressional Democrats on Tuesday, and hopes are high [more...]
Date: 2009-01-07 05:59:06
Debt Settlement
Debt settlement is a great service that allows consumers to pay off their debts for less than the amount they owe ... with you then to sell your debt to a third party collection agency. Often times collection agencies will purchase ... . It’s a great alternative for anyone considering to file for bankruptcy. The basic process of debt [more...]
Date: 2008-11-12 04:32:25
O.C. developer $300 million in the hole
California properties being developed by Irvine-based SunCal Companies are more than $300 million under water on projects with $441 million in debt, attorneys said in U.S. Bankruptcy Court in Santa Ana. “There is no cash here with which ... halted development of Marblehead in San Clemente. Troop and attorneys representing most other large [more...]
Date: 2008-10-23 23:52:26
Americans Look to Web Instead of Print for News
A recent study conducted by the Pew Research Center, an independent opinion research group based in Washington DC, ... . With the Tribune declaring bankruptcy under $13 billion in debt earlier this month ... Sreenivasan, a new media professor at Columbia Journalism School in New York, said: “The problem [more...]
Date: 2009-01-02 14:00:27
Debt Consolidation Turns Your Savior When Ghosts of Creditors Haunt You Day in Day Out
Debt consolidation which is quite unheard before is alive and kicking more often nowadays to save your credit rating ... for bankruptcy. At this crucial juncture, debt consolidation is the only solution available to get you out of the shackles of menacing debts. The term ‘debt consolidation’ is usually defined as taking [more...]
Date: 2008-11-15 02:32:52
The Trib is dead; long live the Trib?
The first domino has fallen. The Tribune Co., publisher of what used to be some of America’s best newspapers and operators of 23 television stations, has filed for bankruptcy, citing nearly $13 billion in debt compared with $7.6 billion ... ., struggling with debt and trying to cop a $225 million mortgage on its year-old grand edifice [more...]
Date: 2008-12-08 23:55:19
Credit Bankruptcy - Essential Information
Someone once said that bankruptcy is essential in order for capitalism to survive ... (if not all) of the debt is forgiven. Are there any disadvantages? First of all, each future credit check ... into consideration for any person who intends to declare bankruptcy. The financial situation – being in debt – [more...]
Date: 2009-01-16 00:24:18
Bid adieu to debts
The easiest thing that every human can do is to get into debts and have a troubled life altogether ... from debts only at a later stage. Credit cards have been the prime source that has dragged many to the bankruptcy. Credit cards debts are by far the most prominent since individuals or groups make [more...]
Date: 2009-01-10 02:11:56
Conducting a Financial Triage
Nearly every day, we are contacted by debtors desperately seeking help and answers: "Do I qualify for bankruptcy?" "Will I lose my house? ... and lots of credit card debt might be better off in a Chapter 7 bankruptcy. In order to assess a debtor's ... , a wage garnishment or an eviction. Careful analysis of the matter is still required [more...]
Date: 2008-09-24 05:00:09
Bankruptcy Rules Thwart the Recovery
As seen in the Wall Street Journal The epic financial crisis afflicting the banking industry in the last 18 months is largely the result of ... in this bear market, the prospect of a bankruptcy puts a huge damper on investor appetite for debt ... debt issued for scores of leveraged buyouts in recent years. This sorry state of affairs could [more...]
Date: 2009-01-13 17:44:29
Tips to Avoid Bankruptcy
Tips to Avoid Bankruptcy Bankruptcy is not a process anyone wants to resort to ... too much can leave you with a debt worthy of bankruptcy. Keep one credit card and get rid ... out incidentals like entertainment, eating out, and credit card payments. Subtract this amount [more...]
Date: 2008-09-04 17:08:49
Credit Counseling And Bankruptcy
When the bankruptcy laws changed in 2005 mandatory credit counseling became a prerequisite for bankruptcy ... that asked about our debt, our budget, and our income. Since we had given that information ... complete, the software helpfully concluded that we had too much medical debt…..(Yeah…you think?? That’ [more...]
Date: 2008-12-01 15:39:25
Debt Consolidation Benefits
It has become a general truth within the society that credit cards have brought people into both modern lifestyle and potential cause of bankruptcy ... at debtconsolidationbenefits.com, credit cards and debt are something that cannot be separated ... . As you might notice, more people nowadays fall into a deep debt because of the usage of credit [more...]
Date: 2008-12-19 18:10:47
Funny video: telemarketing prank - adapt it for collectors
Permalink Page 1 of 440 pages 1 2 3 > Last » Search CreditSuit ... Debt buyer LVNV incorrect credit reporting of collection Categories Credit crisis deliberately ... 10-year old debt Bankruptcy filings rapidly increasing, California up 80% Perspective: poverty [more...]
Date: 2008-11-15 20:28:00
Will they Request a Congressional Bailout?
How Soon Before AMI's CEO Mr. Pecker asks for a congressional bailout: National Enquirer Publisher Near Bankruptcy American Media Inc ... the debt, leaving the old shareholders with just 5 percent of the company. The bondholders ... . 1 deadline to make a $21 million interest payment on its $1.1 billion debt. The company has retained [more...]
Date: 2008-12-11 01:28:06
A Loophole for Medical Bankruptcy
In 2005, special interest groups pushed for, and obtained, ... for. But if you buy too much crap with your credit card, you’re on the hook, pal.What will happen bankruptcy laws ... and high debt loads? You connect the dots. I’m beginning to see where this whole “medical credit [more...]
Date: 2009-01-08 14:19:51
Be Careful With Credit Repair
Advertising messages offering to help people get out from under are over-the-top these days ... about debt settlement agencies and credit counseling agencies, cautioning debtors not to snatch at straws in an attempt to avoid filing bankruptcy. By way of quick review, debt settlement agencies [more...]
Date: 2009-01-05 12:39:47
Gerald Celente: “Rip up that front lawn with grass you can’t eat or smoke …”
Permalink Page 1 of 441 pages 1 2 3 > Last » Search CreditSuit ... Agencies collecting 10-year old debt Bankruptcy filings rapidly increasing, California up 80 ... Categories Credit crisis deliberately caused by the regulators *** 20 Reasons to STOP paying [more...]
Date: 2008-11-19 01:46:00
Print Media Deathwatch: Tribune Files For Bankruptcy
Chicago-based Tribune Co. filed for Chapter 11 bankruptcy protection today ... debt load and a “perfect storm” of declining advertising revenue in a worsening economy, which led ... s existing $5 billion debt. The company sold Newsday to Cablevision for $650 million, and is looking [more...]
Date: 2008-12-08 22:45:46
The Struggle for the Best Affiliate Program in America
by Elizabeth Clark Thomas Jefferson, George Washington and Abraham Lincoln displayed Godlike qualities from their historical biographies ... s prosperity. The Bible was also the basis of our bankruptcy laws. All debts were forgiven in the year [more...]
Date: 2008-07-16 17:23:28
Debt Consolidation Is The Way To Go
I think everyone is a bit scared these days with the way the economy has been going ... card debt was really bad. However, through debt consolidation I was able to get much lower interest ... you how to quickly eliminate up to 50% of your unsecured debts right away, plus avoid bankruptcy [more...]
Date: 2008-11-27 14:56:21
Creating a NEW system with new jobs, trade and money
Permalink Page 1 of 441 pages 1 2 3 > Last » Search CreditSuit ... 10-year old debt Bankruptcy filings rapidly increasing, California up 80% Perspective: poverty ... : poverty and wealth Categories Credit crisis deliberately caused by the regulators *** 20 Reasons [more...]
Date: 2008-11-18 02:36:00
China’s Bloodless Taking Over of The USA by Guadamour
GUADAMOUR by Guadamour featured writerDandelion SaladGuadamour’s blog post Sept ... of debt. Through Bankruptcy “Reform” Congress whose arm was severely twisted by the banking lobby ... it produces nothing but more debt and a continual stream of more profits for the banking and credit [more...]
Date: 2008-09-29 01:35:47
debtconsolidationcare.com
Is Debt Consolidation good for you? Get FREE counseling from a BBB member company. Avoid bankruptcy, become debt free, deal with collection agencies and improve your credit rating. Read Reviews [more...]
Date: 2008-12-08 05:00:00
Reader mail: Need inquiry deletion to pay for surgery or will die
Permalink Page 1 of 440 pages 1 2 3 > Last » Search CreditSuit ... and money Reader mail: American Agencies collecting 10-year old debt Bankruptcy filings ... on 11 16 2008 Happy ending at foreclosure auction Categories Credit crisis deliberately [more...]
Date: 2008-11-16 02:27:01
Distressed Debt Specialists See “Bonanza Year” in 2009
John Paulson, who runs the $36 billion hedge fund firm Paulson & Co., is looking to buy distressed mortgages and distressed debt, despite being bearish on the overall ... in a 2009 outlook to investors that he is interested in investing in debt restructurings, bankruptcies [more...]
Date: 2009-01-14 11:00:11
The Best Online Debt Cures
Hello- If the thought of talking to a credit counselor giving them all your personal information sounds frightening to you, ... is one of the fastest ways to reduce your credit card balances without filing bankruptcy. Many people ... in credit card debt, they can help you reduce your balances by up to 50% or more. Take a look [more...]
Date: 2009-01-08 02:17:08
Cram Down
Allowing bankruptcy judges to deal with mortgage debt has always been the most sensible way to deal with the foreclosure crisis in a way which allows people to keep their homes without reinflating the bubble. Hopefully it really passes. In the old regime of 10%+ down, ability to pay, and 30 year fixed rate mortgages exempting mortgages [more...]
Date: 2009-01-06 14:57:00
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