Blog Posts in January, 2011
Posted on Jan 29, 2011 By Malaise Law Firm
Mesa Air Group, a regional airline, has come away from the court room a little happier this week as a judge approved their Chapter 11 reorganization plan. Officials with the airline hope to come out ...
Continue reading "Mesa Air Group Approved for Chapter 11 " »
Posted on Jan 28, 2011 By Malaise Law Firm
Even though the job market in central Texas has started to level out the number of bankruptcies filed in the state only continue to grow. In the metro area of Austin alone, which includes four ...
Continue reading "Foreclosures Continue to Surge in Texas" »
Posted on Jan 22, 2011 By Malaise Law Firm
A year after FairPoint Communications Inc. filed for Chapter 11 bankruptcy a judge has agreed to allow it to exit bankruptcy in the hands of its lenders. Even though there were objections from Verizon ...
Continue reading "FairPoint Communications Inc. to Exit Bankruptcy" »
Posted on Jan 21, 2011 By Malaise Law Firm
The once-popular video company Blockbuster Inc. has been granted a few extra week by lenders to create a plan of reorganization and to hire a CEO. Their primary bankruptcy lenders, Carl Icahn and ...
Continue reading "Blockbuster Gets Extra Weeks for Reorganization Plan" »
Posted on Jan 15, 2011 By Malaise Law Firm
Although filing for bankruptcy can be a difficult decision it is important to know that there are benefits to filing for Chapter 7 bankruptcy. If you qualify for this type of bankruptcy then you can ...
Continue reading "Knowing the Benefits fo Chapter 7 Bankruptcy" »
Posted on Jan 14, 2011 By Malaise Law Firm
In her first US Supreme Court ruling Justice Elena Kagan sided with Bank of America against an indebted consumer. This was in regards to consumers being able to cut their monthly payments by as much ...
Continue reading "Justice Elena Kagan Sides with Bank of America" »
Posted on Jan 8, 2011 By Malaise Law Firm
Bankruptcy experts are predicting a drop in filings during 2011. This will be in thanks to economic improvements, reduced borrowing and improved tax breaks. Reduced borrowing decreases the chances of ...
Continue reading "Experts Predict Drop in Bankruptcy Filings" »
Posted on Jan 7, 2011 By Malaise Law Firm
If you are waiting for a loan of up to $50,000 to ward off foreclosure, you will have to wait until the beginning of 2011. These federal loans will be available in 32 states, including Washington, who ...
Continue reading "Homeowners Must Wait for Loans to Fight Foreclosure" »
Posted on Jan 1, 2011 By Malaise Law Firm
Leaders of Hamtramck, Michigan met again for seven hours in an attempt to whittle down an already-lean budget. The result of this meeting? Money was taken away from a fund to board up abandoned houses ...
Continue reading "City of Hamtramck On Verge of Bankruptcy" »