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Briggs & Stratton Corporation Reports Results for the Second Quarter and First … – MarketWatch (press release)

On January 30, 2012, in Unsecured Debt Collection Georgia, by unsecure
Briggs & Stratton Corporation Reports Results for the Second Quarter and First
MarketWatch (press release)
After considering the impact of such items related to the organization changes and debt redemption, adjusted consolidated net income for the second quarter of fiscal 2011 was $ 3.3 million or $ 0.06 per diluted share. Consolidated net income for the

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Kodak pics bankruptcy – The Daily Deal

On January 30, 2012, in Unsecured Debt Collection Letters, by unsecure

The Daily Deal
Kodak pics bankruptcy
The Daily Deal
Bank of New York Mellon is the indenture trustee. The debtor also owes $ 400 million on convertible notes and $ 283 million in senior unsecured debt, court filings said. The DIP will refinance its prepetition first-lien debt, court papers said.
Kodak Bankruptcy May Shed Photography, Bet on Digital PrintingBusinessWeek

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Spanish Cleanup Plan May Backfire on Banking System: Euro Credit – San Francisco Chronicle

On January 29, 2012, in Unsecured Debt Consolidation Bad Credit, by unsecure
Spanish Cleanup Plan May Backfire on Banking System: Euro Credit
San Francisco Chronicle
"The plan is for a massive effort in provisioning of real estate and consolidation, and that has to be paid for," said Daragh Quinn, a Madrid-based analyst at Nomura International. By refusing to use public funds to help purge a system burdened with

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Jones Day | The Year in Bankruptcy: 2011 – Linex Legal (press release) (registration)

On January 29, 2012, in Unsecured Debt Relief Obama, by unsecure
Jones Day | The Year in Bankruptcy: 2011
Linex Legal (press release) (registration)
President Obama released a fiscal year 2012 budget on February 14, 2011, projecting that 2011 would see the biggest one-year debt jump in history, or nearly $ 2 trillion, to reach $ 15.476 trillion by September 30, 2011, the end of the fiscal year.

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Debt-relief plan ‘leaves taxpayer far too exposed’ – Irish Independent

On January 29, 2012, in Unsecured Debt Relief Law, by unsecure

TV3.ie
Debt-relief plan 'leaves taxpayer far too exposed'
Irish Independent
Leading legal figures have also criticised aspects of the bill, saying that the measures will do little for those struggling with their debt. Barry Lyons, of Lyons Kenny solicitors, criticised of the debt relief certificate, which deals with unsecured
Insolvency Bill may lead to rise in loan costsIrish Times
Debt forgiveness on its wayTV3.ie
William Fry | Summary of the Scheme of Personal Insolvency BillLinex Legal (press release) (registration)

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Tuesday Newspaper Review – Irish Business News and International Stories … – FinFacts Ireland

On January 29, 2012, in Unsecured Debt Relief Reviews, by unsecure

FinFacts Ireland
Tuesday Newspaper Review – Irish Business News and International Stories
FinFacts Ireland
A one-year debt relief certificate to cover unsecured borrowings of up to €20000. A debt settlement arrangement lasting five to six years to cover unsecured borrowing over €20000 with secured debts excluded. A personal insolvency arrangement to cover

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MF Global Clients May Lose in $700 Million Bankruptcy Fight – Bloomberg

On January 29, 2012, in Unsecured Debt Bankruptcy Uk, by unsecure

Bloomberg
MF Global Clients May Lose in $ 700 Million Bankruptcy Fight
Bloomberg
Should KPMG win, US customers will be treated as unsecured creditors and face a lengthy wait for any payout. MF Global filed the fifth-largest bankruptcy for a financial company Oct. 31 after placing losing bets on European debt.

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Madoff, Ener1, Dynegy, Hostess, PMI, Syms, Shaw: Bankruptcy – BusinessWeek

On January 29, 2012, in Unsecured Debt Relief Grants, by unsecure
Madoff, Ener1, Dynegy, Hostess, PMI, Syms, Shaw: Bankruptcy
BusinessWeek
Bzinfin and affiliates own about 56 percent of the equity. Other unsecured debt is $ 10 million on convertible notes owed to Tokyo-based Itochu Corp. Part of the financing came from a $ 118.5 million grant from the US Energy Department.

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Banks Weren’t Meant to Be Like This – CounterPunch

On January 28, 2012, in Unsecured Debt Collection Death, by unsecure
Banks Weren't Meant to Be Like This
CounterPunch
In 1344 the Peruzzi bank went broke, followed by the Bardi by making unsecured loans to Edward III of England and other monarchs who died or defaulted. Many subsequent banks had to suffer losses on loans gone bad to real estate or financial speculators

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Mortgage relief at last for up to 30000 struggling homeowners – Herald.ie

On January 28, 2012, in Unsecured Debt Relief, by unsecure

Think Money
Mortgage relief at last for up to 30000 struggling homeowners
Herald.ie
The voluntary system brings in three strands of debt relief. Option One will allow those who owe up to €20000 in unsecured loans to apply for a debt-relief certificate. People who fall into this category include those who are left with very little each
Insolvency Bill may lead to rise in loan costsIrish Times
New Irish debt Bill could benefit 30000 struggling homeownersThink Money
Debt forgiveness on its wayTV3.ie
Linex Legal (press release) (registration)
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