Tag Archives: Bankruptcy
teresag

NJ Reality Star Files Bankruptcy

by bk711 on 10. Jun, 2010 in Bankruptcy

Teresa Giudice has confirmed a recent report that her family is nearly $12 million in debt and filed for bankruptcy last fall. “The Real Housewives of New Jersey” star Teresa Giudice said she and husband Joe are looking at their bankruptcy filing as a “fresh start.” “While this is a personal matter, I realize that [...]

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Gulf Oil Spill

BP Bankruptcy Looming?

by bk711 on 08. Jun, 2010 in News

Can BP can financially survive the disaster in the Gulf?  Sure, the oil giant is a diverse, international money-making machine, but the Guardian reported Monday that BP had already spent $1.25 billion seven weeks into the oil spill, with no clear end in sight. The company will be dealing with an avalanche of lawsuits for [...]

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US bankruptcy filing rate near 5-year high

US bankruptcy filing rate near 5-year high

by Jeff Wellington on 05. Jun, 2010 in Bankruptcy

The pace of U.S. bankruptcy filings edged up in May to the second-highest daily level since 2005, reflecting the difficulty Americans have in working off excess debt even as the economy improves.

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Thomas Kinkade firm files for bankruptcy protection

Thomas Kinkade Firm Files for Bankruptcy Protection

by bk711 on 03. Jun, 2010 in Chapter 11

The Morgan Hill manufacturing operation that reproduces the dreamlike art created by world-renowned “painter of light” Thomas Kinkade filed Wednesday for Chapter 11 bankruptcy protection to ease its real estate costs, listing nearly $6.2 million in creditors’ claims.

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