Financial Relief Law Center Launches Lien Elimination And Mortgage Rate …Bradenton HeraldBy Financial Relief Law Center COSTA MESA, Calif., Feb. 22, 2012 — /PRNewswire-iReach/ — Financial Relief Law Center (FRLC), a firm focused on bankruptcy, foreclosure relief and client-centered legal counseling, is implementing a new "LIEN …and more »
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Qualteq, Church Street, NewPage, CDC, GSC, Snokist: BankruptcyBusinessWeekThe company's reorganization plan contemplates refinancing existing secured debt and promises unsecured creditors they would be paid in full with interest over 10 years. Current suppliers would be paid in full six months after the plan becomes …
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TEXT-Fitch rates Cargill proposed notes 'A'ReutersFeb 21 – Fitch Ratings has assigned an 'A' rating to Cargill Incorporated's (Cargill) proposed senior unsecured notes. The Rating Outlook is Negative. A complete list of the ratings for Cargill and its subsidiaries is at the end of this press release.and more »
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Richland Lawyer Worries Many Area Bankruptcies Linked to Medical DebtLoanSafeIn the Tri-Cities, the most common kind of bankruptcy, Chapter 7, dropped by almost 15 percent in 2011 to 746 cases. Unsecured debts can be discharged, but debts such as student loans and child support, still have to be repaid in Chapter 7 bankruptcies …and more »
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New York TimesGrubb & Ellis Agrees to Sell Itself in Bankruptcy CaseBusinessWeek21 (Bloomberg) — Grubb & Ellis Co., a US real estate services company, filed for bankruptcy protection and agreed to sell almost all its assets to BGC Partners Inc. The company yesterday listed $ 150 million in assets and $ 167 million in debt in a …Grubb & Ellis Agrees to Sell Itself to BGC Partners in New York BankruptcyBloombergGrubb & Ellis gets DIP, stalking-horse bidThe Deal PipelineGlobal BGC Partners to acquire Grubb & Ellis out of bankruptcyInside Tucson BusinessDanbury News Timesall 174 news articles »
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StanChart camps out at the securitisation BISTRO – Part 1FT Alphaville (blog)That, along with other distractions in the form of the eurozone sovereign debt crisis, has seemingly stemmed the flow of these deals. For now, at least. Though one bank that doesn't seem to have slowed their synthetic securitisation programme at all is …and more »
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MF Global Trustee Asked to Support "Corporate Personhood" Motion in CourtMarketWatch (press release)"The Chapter 11 bankruptcy laws apply equally to corporations and individuals," added Mr. Furgatch. "The statute on priority status for unsecured creditors' claims is unambiguous. It's right there in USC Title 11, Section 507. Spousal and child support …and more »
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DMPs and IVAs used to consolidate debts as unsecured lending fallsDebt Management Today… of unsecured lenders that cater for clients with anything less than a perfect credit score have seen more people considering a debt management plan or IVA as a way to consolidate their outgoings to a level they can afford without the need to borrow …
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Richland lawyer worries many area bankruptcies linked to medical debtBellingham HeraldIn the Tri-Cities, the most common kind of bankruptcy, Chapter 7, dropped by almost 15 percent in 2011 to 746 cases. Unsecured debts can be discharged, but debts such as student loans and child support, still have to be repaid in Chapter 7 bankruptcies …and more »
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BofA, JPMorgan, Google, Rio Tinto, Citigroup in Court NewsBusinessWeekAbout $ 17 billion will pay for mortgage debt forgiveness, forbearance, short sales and other assistance to homeowners. Servicers will also provide $ 3 billion in refinancings to lower homeowners' interest rates. Bank of America has committed as much as …BofA, JPMorgan in Mortgage Accord, Citigroup, Wynn-Okada in Court NewsBloombergall 4 news articles »
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