Blog Posts in December, 2011
Posted on Dec 29, 2011 By Malaise Law Firm
After accepting a large loan from a financial group, a builder has decided to file for Chapter 11 bankruptcy. This came as a surprise to shareholders that thought the loan would be substantial enough ...
Continue reading "Builder Proceeds with Chapter 11 Even After Getting a Loan" »
Posted on Dec 28, 2011 By Malaise Law Firm
Despite the global need for oil and petroleum, one company was forced to file for bankruptcy this month. As a result of the bankruptcy filing, its shares plummeted 45 percent when news of the ...
Continue reading "Oil Company Faces Bankruptcy" »
Posted on Dec 22, 2011 By Malaise Law Firm
In order to complete its Chapter 11 bankruptcy filing, a global brokerage firm has accepted a loan of $21 million. This money was approved for use by a bankruptcy judge this week and is expected to go ...
Continue reading "Firm Accepts Loan to Finish Bankruptcy" »
Posted on Dec 21, 2011 By Malaise Law Firm
If you think that filing for business bankruptcy is an easy process, think again. You could spend months or even years fighting just to have your case considered, and once it is approved for review, ...
Continue reading "Filing for Bankruptcy Isn't Always Easy" »
Posted on Dec 15, 2011 By Malaise Law Firm
An airplane maker is waiting anxiously for its order of 100 planes to be approved by a bankruptcy judge. Since the company that has ordered the planes is owned by a parent company that is currently ...
Continue reading "Airplane Company Waiting for Bankruptcy Judge's Decision" »
Posted on Dec 14, 2011 By Malaise Law Firm
One man, who is scheduled to be released from prison later this month, will exit only to face a possibly long bankruptcy case. The former car dealership owner instructed his lawyer to file for Chapter ...
Continue reading "Man Leaving Jail Only to Face Bankruptcy" »
Posted on Dec 8, 2011 By Malaise Law Firm
Good news for homeowners in northern Texas: foreclosure rates were the lowest they have been in three years. According to one service, the Dallas-Fort Worth area saw 56,358 foreclosures posted over ...
Continue reading "Texas Foreclosure Rates at a Low" »
Posted on Dec 7, 2011 By Malaise Law Firm
One city is fighting to file for bankruptcy, but is slowly losing the battle. Earlier this month the city council approved a measure to file for Chapter 9 bankruptcy. However, a bankruptcy judge ...
Continue reading "City Struggling to File for Bankruptcy" »
Posted on Dec 1, 2011 By Malaise Law Firm
One man hopes to fight the rising tide of foreclosures by providing much-needed services to homeowners around the country. Based out of Texas, the CEO of a financial group that pools the efforts of ...
Continue reading "CEO Hopes to Fight Foreclosures" »