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Cumulus Radio Out of Bankruptcy
After a little less than a year in Chapter 11, Cumulus Radio cut its debts almost in half in hopes for a successful reorganization. Cumulus Radio Emerges from Bankruptcy
Home Loan Modifications-Beware!
If your home is for sale and you are in the process of a Home Loan Modification, don’t just “trust the process”, once your home is sold, it is too late and you can’t get the property back using a bankruptcy. However, a timely Chapter 13 can protect your home while you figure out if […]
Another piece of the healthcare crisis in America
It’s Sad when Hospitals are in the business of debt collecting… hospital-giant-discovers-that-collecting-debt-pays-better-than-curing-ills
New Year’s Resolution (2018)- Financial Fresh Start
Many people are starting to think about what will be their New Year’s Resolution. I don’t know why, but we all seem to gear up for the holidays and only start to think about resolutions as the calendar arbitrarily changes the year. We CAN and should make resolutions to make our lives better, and I […]
State Lawmakers Have Trapped Millions of Americans in Debt—by Taking Away Their Licenses
Iowa and Nebraska impose fines and take away drivers licenses for past-due child support and failure to pay fines. Are we encouraging people to drive illegally just to keep a job and try to keep paying for their everyday needs?? Source: State Lawmakers Have Trapped Millions of Americans in Debt—by Taking Away Their Licenses
Implement Credit Monitoring of Some Form, and NOW!
Equifax Hack -what can you do? See the Link below: https://www.fastcompany.com/40464740/after-the-equifax-hack-what-can-you-do-to-protect-yourself-not-much
Protect Yourself from the Equifax Hack- check out this link below.
Equifax data breach may affect up to 143 MILLION Americans!
Prospect Mortgage Fined $416 Million for crisis-era FHA lending violations
While most of the country spent the early part of this week consumed by fireworks and consuming copious amounts of hot dogs and hamburgers, one mortgage lender found itself joining a list that includes Wells Fargo, Walter Investment, Freedom Mortgage, and many more. On Monday, the Department of Justice announced that Prospect Mortgage will pay more […]
True Religion files for bankruptcy
True Religion is hanging on by a thread. The designer jeans maker filed for bankruptcy protection on Wednesday, asking for a chance to reinvent itself as it grapples with hundreds of millions of dollars worth of debt and declining sales, according to court documents. Source: True Religion files for bankruptcy
Bankruptcy guru Edward Altman sees similarities to 2007 in the credit market today
Dr. Edward Altman, a professor of finance emeritus at NYU Stern, explains what’s keeping companies from going bankrupt at the moment. Source: Bankruptcy guru Edward Altman sees similarities to 2007 in the credit market today