Bank of America

BofA stops foreclosure sales in 50 states

WASHINGTON – Bank of America Corp., the nation’s largest bank, said Friday it would stop sales of foreclosed homes in all 50 states as it reviews potential flaws in foreclosure documents. A week earlier …

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MGM 4 Billion Debt – Bankruptcy Looms

Metro-Goldwyn-Mayer Inc. said it has begun seeking its creditors’ approval on a prepackaged bankruptcy plan in which they will exchange more than $4 billion in debt for equity in a new company that has rights to the James Bond franchise and the upcoming two-part movie series “The Hobbit.”

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What Is Chapter 7 Bankruptcy?

Simply stated filing bankruptcy is a legal way to eliminate or reduce your bills. Bankruptcy is referred to in the Bible and was included in The United States Constitution. [...] Continue Reading…

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Credit Suisse’s “greedy antics” cost it $229M

BILLINGS, Montana: A federal bankruptcy judge said he would not reward the “greedy antics” of financial giant Credit Suisse by ordering the repayment of a $229 million loan it [...] Continue Reading…

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