These payments fell in 2009 for first time in the U.S. in more than three decades, and while the official government report for fiscal 2010 won’t be out for months, it’s likely that it, too, saw that downward trend continue. St…
In another bit of good economic news, the list of U.S. business bankruptcies will likely get shorter, and probably less distinguished, in 2011, just as it did this year. Still, several factors beyond an improving economy are al…
U.S. Bankruptcy Court Judge Martin Glenn denied Wells Fargo’s request for permission to foreclose on Tandala Mims’s house in the Bronx for a second time on Thursday because he still wasn’t satisfied that Wells — as opposed to…
Loehmann’s Holdings Inc., filed for bankruptcy after failing to exchange $110 million of bonds, Bloomberg News reported.
“The decline in economic conditions in several markets in which Loehmann’s stores are concentrated, mainly California, the Northe…
That would be in California, Texas and 25 other states where the lender doesn’t have to go to court to foreclose. Except in rare instances, lenders can use fraudulent paperwork with impunity in those states. A closer look at C…