Bankruptcies (Fort Wayne Journal Gazette)
2. Every negative entry on your report can be denied or challenged at any time. The bureau must reinvestigate and if that item cannot be verified within a "reasonable amount of time", it must be removed from the file.
Bankruptcies (Fort Wayne Journal Gazette)
The kind of bankruptcy filing is Chapter 7 under federal bankruptcy laws, except where noted. This filing usually leads to liquidation of assets. Personal bankruptcies are listed only in cases where liabilities are more than $50,000, but all business bankruptcies are included in this listing.
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Big Mortgage Lender in Chapter 11 Filing (New York Times)
First Magnus Financial Corporation, one of the largest independent American mortgage lenders, filed for Chapter 11 bankruptcy protection yesterday, becoming the latest provider of home loans to collapse as the housing market slumps.
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Debt-ridden homeowners get a helping hand (North County Times)
OCEANSIDE ---- Working with lenders or filing bankruptcy could allow financially troubled homeowners to keep their property, real estate professionals, attorneys and counselors said Saturday.
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Wilmington hotspot for bankruptcy cases (The Business Ledger)
Wilmington is becoming a hotspot for bankruptcy filings by mortgage providers. The latest is HomeBanc, an Atlanta company that shut down most of its operations.
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TierOne Files Petition Against TransLand (AP via Yahoo! Finance)
A TierOne Corp. subsidiary petitioned for the involuntary bankruptcy of TransLand Financial Services Inc., saying the mortgage broker allegedly failed to pay $13 million in loan servicing payments, according to a filing with the Securities and Exchange Commission.
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Judge gives AMH extension for reorganization plan (The Auburn Citizen)
A bankruptcy court judge has approved an extension of the deadline Auburn Memorial Hospital had been facing to file its Chapter 11 reorganization plan and solicit acceptances of that plan from creditors.
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Krispy Kreme Franchisee Great Circle Files Bankruptcy (Update1) (Bloomberg.com)
Aug. 23 (Bloomberg) -- Great Circle Family Foods LLC, once the largest franchisee of Krispy Kreme Doughnuts Inc. stores, filed for bankruptcy protection, listing assets and liabilities of as much as $100 million and as many as 199 creditors.
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Bankruptcy filing may save home (The News Journal)
WASHINGTON -- A bankruptcy filing alone may not be enough to help homeowners stave off a foreclosure for good, but it does buy attorneys like O. Max Gardner III time to come up with creative ways to help them keep their homes.
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Pascack hospital tries to raise cash, restarts sale talks (The Record)
In what may be a last step before bankruptcy, Pascack Valley Hospital is planning to sell a major asset -- its uncollected accounts -- for immediate cash.
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Resort wear shop opened in Old Town just weeks before Chapter 7 filing (The Desert Sun)
Within weeks of opening the resort wear shop, Jenny Rose in Old Town La Quinta owner Jennifer Edwards filed for Chapter 7 bankruptcy.
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Bankruptcies (Fort Wayne Journal Gazette)
Bad credit stops people from getting mortgages, car loans and credit cards. When credit can be obtained those with poor credit scores pay higher rates and fees. Most people deal with their credit report issues by ignoring them. Fortunately, fears about repairing one’s bad credit prove largely unfounded and lack of knowledge concerns easily resolve themselves with free credit repair information. By taking an aggressive approach, even folks emerging from bankruptcy can find their credit repaired back up to reasonable levels within a year or two. The following article outlines how to solve the underlying causes of bad credit, repair of a bad credit report and rebuilding credit.
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