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Pagano Bankruptcy, Metra Mystery

December 4, 2010 by  
Filed under Bankruptcy Help

Bankruptcy

The bankruptcy petition, which seeks to protect Barbara Pagano against outstanding debts, offers a puzzling financial portrait of a widow apparently left with limited means despite having been the wife of one of Chicago’s top-paid public officials.She lists the proceeds from a $500,000 life insurance policy as an asset as well as the couple’s Crystal Lake home where they raised two children. But a    .. more …

Blockbuster Creditors Seek Icahn Investment Documents In Bankruptcy Probe

November 24, 2010 by  
Filed under Bankruptcy Help

Bankruptcy

Creditors of Blockbuster Inc. , theworld’s largest movie-rental company, can seek documents in aprobe of events prior to the company’s bankruptcy, including those involving Carl Icahn ‘s investments. U.S. Bankruptcy Judge Burton Lifland in New York approvedcreditors request to investigate issues including the October2009 refinancing of Blockbuster’s senior notes, the negotiationof the plan support    .. more …

Can Trust Deeds Help Me Get On Top Of My Debts?

November 24, 2010 by  
Filed under Bankruptcy Help

Bankruptcy Help

Whether you’re finding keeping on top of multiple credit card debts to be problematic or are unable to meet monthly mortgage payments, you may find yourself in a position where you are looking to get debt advice. You will usually find there are a number of options available to you, however if you live in Scotland you may want to consider the role trust deeds can play in helping you get on a firmer    .. more …

Kirch Told To Prove Ex-Deutsche Bank Chief Sparked Bankruptcy

November 23, 2010 by  
Filed under Bankruptcy Help

Bankruptcy

Leo Kirch , who filed a 1.3 billion-euro ($1.75 million) damages suit against Deutsche Bank AG , mustshow that comments made about his media group’s creditworthinesscaused its 2002 bankruptcy, a judge said. Kirch needs to show in detail that comments made by thelender’s former chief executive officer Rolf Breuer were atleast one of the triggers for the bankruptcy, Presiding Judge Brigitte Pecher    .. more …

Tribune Creditors Seek To Recover Bankruptcy Fees Paid Lawyers, Advisers

November 23, 2010 by  
Filed under Bankruptcy Help

Bankruptcy

Tribune Co. creditors are seeking tosue the lawyers and financial advisers who helped the newspaperpublisher file its bankruptcy. The official committee of unsecured creditors filed courtpapers today requesting permission to sue at least nine lawfirms or financial advisers that were paid more than $18 millionin the 90 days before the media company filed for bankruptcy inDecember 2008. Targets    .. more …

New Bankruptcy Laws – How New Laws For Bankruptcy Help Debt Relief Programs

November 22, 2010 by  
Filed under Bankruptcy Help

Bankruptcy Help

Bankruptcy filing played an instrumental role in weakening the American economy which was hit by recession. Thousands of consumers lost their jobs or found their incomes decreased to lower levels where it became difficult for them to meet and accomplish all their financial requirements. The result was expected. Thousands and thousands of people started filing for bankruptcy. Doing so, they lost    .. more …



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