In the growing city of Cape Coral, FL, the sun shines brightly on serene canals and the hustle and bustle of everyday people. However, beneath this idyllic exterior, many residents grapple with financial difficulties, facing the daunting prospect of bankruptcy. For those in this predicament, hiring a skilled bankruptcy attorney can make all the difference. [...]
Life is full of unexpected problems. When a sudden disability, divorce or job loss leaves you hemorrhaging money, your unpaid bills continue to pile higher and higher. With your financial future on the line, a fresh financial start may seem impossible. However, filing for bankruptcy may bring you that much needed relief. With an experienced Ava Maria FL bankruptcy [...]
Certain students may pay higher college-loan interest rates if Congress does not work to prevent mandatory cuts. Future interest rates on subsidized Stafford loans will increase by one hundred percent, from 3.4 percent to 6.8 percent, if Congress does not pass a bill keeping the rates as they are by the deadline on July 1. [...]
The owner of the old Chiquita Center, located in downtown Florida, recently filed for bankruptcy after the building lost a major tenant last year. According to reports, Tucson-based building owners, AZ 250 LLC, filed Chapter 11 bankruptcy in Arizona in January with 107 creditors, assets worth $25 million, and almost $71 million of liabilities listed. [...]
2012 saw an increase in foreclosures throughout Ohio, largely due to a backlog from the housing crisis, according to a recently released report. RealtyTrac Inc., a popular foreclosure tracking firm, said Ohio residents had filed more default notices, scheduled auctions, and bank repossessions last year than in 2011. With 89,584 filings recorded last year, RealtyTrac [...]
AMR Corp., the parent company of American Airlines, posted a net loss of $82 million for the month of August. The Fort Worth-based company, which filed for Chapter 11 bankruptcy last November, also saw a $535 million loss in short-term investments and unrestricted cash, according to BusinessWeek. A majority of the commercial airline company's losses [...]
Former New York Mets outfielder Lenny Dykstra has pleaded guilty in Los Angeles to three charges in his bankruptcy fraud case. Dykstra faces up to 20 years in prison for money laundering, concealment of assets, and bankruptcy fraud. The Sacramento Bee reports that prosecutors say Dykstra illegally destroyed, sold, or hid property worth more than [...]
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