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Blog Posts in 2010

53 results found. Viewing page 1 of 3. Go to page 1 2 3   Next

Millenium Holding Group Inc. Moves Forward with Chapter 7 Bankruptcy

An once publicly-traded company has decided to file for Chapter 7 bankruptcy as 2010 draws to an end. Millenium Holding Group Inc. of Henderson, run by Richard L. Ham and wife Carla Aufdenkamp Ham ...
Continue reading "Millenium Holding Group Inc. Moves Forward with Chapter 7 Bankruptcy" »

Number of Foreclosures Doubles in Third Quarter

The third quarter saw 339,000 foreclosures on Fannie Mae and Freddie Mac mortgages started, a number that is almost double the amount that had modifications completed, 146, 507. These numbers are from ...
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Pre-Chapter 7 Bankruptcy Filing Information

If you are considering for Chapter 7 bankruptcy there are a few items that you should familiarize yourself with. To begin, you will be asked to fill out certain paperwork associated with Chapter 7 ...
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US Loan Auditors of Rancho Cordova File for Chapter 7 This Month

Another large company files for bankruptcy this month, this time it is US Loan Auditors of Rancho Cordova, California. It is also the same company that is accused of using improper practices with its ...
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Honolulu Symphony Tries to Convert Chapter 11 Bankruptcy to Chapter 7

The Honolulu Symphony's request to convert their Chapter 11 bankruptcy to a Chapter 7 bankruptcy was granted this morning by a U.S. bankruptcy judge. This means that the 110-year-old symphony will be ...
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The Texas Bankruptcy Process

If you are filing for bankruptcy in Texas, there are a few things that you need to know. To begin, you should contact a bankruptcy lawyer in Texas. Once you have located someone that you can trust, ...
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Pre-Bankruptcy Counseling Can Be Extremely Helpful

If you are considering Chapter 7 bankruptcy you should consider the benefits of pre-bankruptcy credit counseling. However, it can be difficult for some people to get credit counseling before filing ...
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Publisher Seeks End to Chapter 11

The publisher of Star Magazine and the National Enquirer is well on its way to filing for the end of its Chapter 11 bankruptcy. American Media Inc. received court approval today from U.S. bankruptcy ...
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How to Avoid Overspending at the Holidays

The holidays are at once a joyous time as well as a stressful time. The happiness and contentment that being with family and friends brings is often countered by the anxiety caused by gift giving. If ...
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Taste of Minnesota Considers Chapter 7

When the Taste of Minnesota food and music festival announced that it had no way of taking care of its debts, its creditors came together as a group to file a bankruptcy petition. Twelve creditors are ...
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Six Flags Recovering after Bankruptcy

Six Flags Entertainment Corporation emerged from bankruptcy protection in April of 2010 and has since produced promising results. The theme park chain, which includes locations in California, Texas ...
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Foreclosures Decrease in Texas during Third Quarter

Some states are able to report that their foreclosure rate is actually decreasing, like Texas could in the third quarter. The foreclosure rate on residential mortgages in Texas fell from 1.95 percent ...
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Bankruptcies Increase by 13.5% in 2010

During the fiscal year 2010, which ended on September 30th, bankruptcies rose 13.8 percent higher than last fiscal year. That amounts to an extra 1,596, 355 bankruptcies last year. These statistics ...
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Texas Lawsuit Continues in spite of Chapter 7 Conversion

The Texas Attorney General's office is proceeding with a lawsuit against Telligenix, an affiliate of Dynetech Corporation, in spite of the Dynetech founder Laurence Pino's move to convert his firm and ...
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Do You Have to Disclose All Your Debt When Filing for Bankruptcy?

If you are planning to file for Chapter 7 bankruptcy or Chapter 13 bankruptcy, you absolutely must list all of your debt on your bankruptcy schedules. Even debt you know is non-dischargeable or ...
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Kentwood Pharmacies Files for Chapter 7 Bankruptcy

Last week, Kentwood Pharmacies was subjected to a raid by federal agents. Now, new sources say that was just one of the company's many worries as the organization filed for Chapter 7 bankruptcy this ...
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Seda France Inc. Files for Bankruptcy

On October 18 th, 2010, candle manufacturer Seda France Inc. filed for bankruptcy under Chapter 11 of the U.S. Bankruptcy Code. The filing came only 4 days after a lawsuit filed in Harris County ...
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Former President of Cameron Financial Files for Chapter 7

The former president of Cameron Financial, now non-existent mortgage issuer, filed for Chapter 7 bankruptcy. Shannon Farries and wife Olivia Faries are listing $33.1 million in debt against their ...
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ACORN Decides to Pursue Bankruptcy

The Association of Community Organizations For Reform Now, or ACORN, a voting organization that works in large cities and for the poor, now finds itself filing for bankruptcy. However, despite court ...
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Bankruptcy Filings in South-Central Texas Plunge 21%

The number of bankruptcy filings in South-Central Texas plummeted 21 percent in October of 2010, as compared to the number of filings from October of 2009. The number of fillings in September of this ...
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Will Bankruptcy Stop Wage Garnishment?

There are particular situations where a creditor or debt collection agency may garnish a debtor's wages as the result of a debt collection lawsuit. This action is taken in order to recover the money ...
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Former Treasurer Files for Chapter 7

This week, it was reported that the former treasurer of a small Southwest Missouri village filed for Chapter 7 bankruptcy. Prior to filing for bankruptcy, the former treasurer was found guilty of ...
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From Bankruptcy to the World Series

In five short months, the Texas Rangers went from bankruptcy to playing in the World Series. The Texas Rangers filed for bankruptcy under Chapter 11 of the U.S. Bankruptcy Code in May of 2010. The ...
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Gulfstream International Group Files for Bankruptcy Protection

On Thursday, it was announced that Gulfstream International Group and its Gulfstream International Airlines would move forward with filing for Chapter 11 bankruptcy protection. The company, which is a ...
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Oakridge Golf Club Files for Bankruptcy Protection

A Dallas, TX country club, formally known as the Oakridge Golf Club, filed for Chapter 11 bankruptcy this week after it had been posted for foreclosure. Although it claims to have $1 million in ...
Continue reading "Oakridge Golf Club Files for Bankruptcy Protection" »
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