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430 Resources for

Bankruptcy

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Did you mean bankruptcy law (5 results), bankruptcy protection (3 results), bankruptcy filing (1 results)

BNET Business Dictionary

Bankruptcy: the condition of being unable to pay debts, with liabilities greater than assets. There are two types of bankruptcy: involuntary bankruptcy, where one or more...; Bankruptcy definition on BNET »

BNET Resources

SemGroup Gets Court OK For Initial Bankruptcy Motions: NEW YORK (Reuters) - SemGroup LP, an Oklahoma-based oil trading services company, on Wednesday said it received approval from the Bankruptcy Court for its initial motions related to its bankruptcy. It has received permission from the court and its lenders to...; Tags: Bankruptcy, SemGroup, Litigation, Business Operations; News items 2008-07-23
Steve & Barry's May Close Stores: Report: NEW YORK (Reuters) - Retailer Steve & Barry's LLC is readying plans to close more than 100 of its stores, and is contemplating a full liquidation should it not find emergency financing, the Wall Street Journal reported on its website on ...; Tags: Litigation, liquidation, bankruptcy, bankruptcy protection, retail company, New York, financing, Thomson Reuters Corp., Web site; News items 2008-06-30
Detroit 3 Fight Bankrupt Rumors, But Credibility Slip is Showing: Domestic automakers have been compelled to state in recent days that they're not planning to file for bankruptcy -- which unfortunately for them only serves to keep the word "bankruptcy" appearing in the same headlines as Ford, GM and Chrysler. Spokesmen like Chrysler's Jim Press and GM's Rick Wagoner used terms like,...; Tags: Litigation, Manufacturing, Globalization, Mergers & Acquisitions, Jim Henry, Detroit 3, automobile company, bankruptcy, Chrysler LLC, General Motors Corp.; Blog posts 2008-07-10
Creditors Say Fraud Possible in SemGroup Collapse: By Jessica Hall WILMINGTON, Delaware (Reuters) - A group of SemGroup LP creditors on Wednesday raised the prospect that unauthorized energy trading may have caused the $3.2 billion loss that sank the 12th-biggest privately held U.S. company. Eleven lenders that participated in a...; Tags: Litigation, Investment, Bok Financial Corp., bankruptcy, U.S. company, liquidity, natural gas, asset, New York, sales process, Thomson Reuters Corp., transportation, board, stock, CEO, acquisition, partnership, finance, bank, agreement, merger, financial, storage, security, sale; News items 2008-07-23
$6.5 Billion in Losses Seen For Airline Industry: (Reuters) - Calyon Securities's Ray Neidl widened his second-quarter and 2008 loss estimates for some large U.S. carriers, and forecast an industry-wide loss of about $6.5 billion for the year, saying fuel costs had increased faster than expected. "Persistently ever higher...; Tags: Litigation, bankruptcy, industry, adjustment, Thomson Reuters Corp., analyst, stock; News items 2008-07-03

Tories Plan Revamp of Bankruptcy Laws: LONDON (Reuters UK) - The Conservatives pledged on Tuesday to revamp bankruptcy laws to give companies more breathing space in an economic downturn, one a series of measures in a new economic recovery plan. While Britain is unlikely to have a general election until 2010,...; Tags: Bank, Financial, Liquidation, Britain, Bankruptcy, Government, Vertical Industries, Litigation; News items 2008-07-15
GM CEO Says Speculation of Bankruptcy "inaccurate": DETROIT (Reuters) - General Motors Corp GM Chief Executive Rick Wagoner on Thursday said speculation that the top U.S. automaker was potentially a candidate for a bankruptcy filing was "inaccurate." Wagoner, who was speaking to reporters in remarks broadcast by business...; Tags: Litigation, Manufacturing, bankruptcy filing, General Motors Corp., bankruptcy, automobile company, Detroit, brand, SUV, Thomson Reuters Corp., U.S., CEO, health care; News items 2008-07-10
Fitch Sees "multiple Bankruptcies" For U.S. Airlines: NEW YORK (Reuters) - Rising energy prices and weak cash flow may result in "multiple bankruptcies and liquidation" for U.S. airlines in 2009, rating agency Fitch Ratings said on Tuesday. The U.S. airline industry has reported uniformly weak earnings for the...; Tags: Litigation, liquidation, cash flow, bankruptcy, U.S., agency, New York, liquidity, Thomson Reuters Corp., industry, health care, environment; News items 2008-07-15
Bankruptcy Abuse: Bankruptcy is little more than a smack on the hand these days. Creditors are certainly not going to look at a person as a wise credit risk after bankruptcy, but that will probably not stop them from extending credit to the person anyways. It seems a bit odd that consumers...; Tags: Litigation, bankruptcy; White papers
Taking the Plunge Into Bankruptcy: Many people who are considering bankruptcy have already tried and failed at consolidations, loans, and other methods of paying off their debt. Bankruptcy seems like the only option. Most of those who need to file bankruptcy can't even afford to pay off the minimum balances on their credit cards, home...; Tags: Litigation, bankruptcy, payment, credit card, car; White papers
Bankruptcy Your Best Bet?: Filing bankruptcy is a common practice among the U.S. Over 2 million people file for bankruptcy every year. So many families today are swimming in debt, which is not surprising with the amount of credit that is being offered. If a person pays his or her bills, the person is...; Tags: Litigation, bankruptcy, car; White papers
Bankruptcy as an Option: Bankruptcy has become so common, that it isn't the big ugly monster that it used to be. Filing for bankruptcy once scarred a person for 7 to 10 years. There was no hope of buying houses or cars or getting more credit cards. Often filing for bankruptcy meant that a...; Tags: Litigation, bankruptcy, credit card, car, interest rate, patient; White papers
Real Estate Bankruptcy: Although real estate bankruptcy cases no longer dominate the bankruptcy courts' dockets as they did in the early nineties, but they continue to be filed with great frequency in UK. At its essence, the real estate bankruptcy is a two party dispute between mortgagee and mortgagor. Real estate bankruptcy cases...; Tags: Litigation, real estate, bankruptcy; White papers
Mortgages After Bankruptcy: Easier Than You Would Expect: Whether a person had to turn to bankruptcy because of a divorce, a medical emergency, a job loss, or a problem spending habit, the person needs to give himself or herself a little time for the air to clear before house hunting. Mortgage lenders will want to see that the...; Tags: Litigation, bankruptcy, job loss, job; White papers
2nd Mortgage Loan After Bankruptcy - Get Approved Online: A 2nd mortgage loan after a bankruptcy is possible in as little as two years. Refinancing the mortgage can help a person to make needed home improvements or pay off high interest debt. Refinancing with adverse credit history requires savvy shopping on a person's part to ensure that he or...; Tags: Litigation, bankruptcy, credit history, home improvement; White papers
Mortgage After Bankruptcy - Bankruptcy Discharged Yesterday?: Purchase a Home Today!: Today, there is a growing realization of the need to offer home loan products that are specifically designed for borrowers with an imperfect credit or financial history. Mortgage programs have been created especially for borrowers who have gone through a bankruptcy. In fact, those with a bankruptcy discharged for even...; Tags: Litigation, bankruptcy, borrower, financial; White papers
How to Deal With Bankruptcies: A bankruptcy doesn't occur in a vacuum, and there are distinct and important impacts a supplier's or service provider's misfortune can have on the business, whether a person buys or sells IT products or services. This paper will focus on the two types of business bankruptcies and explain the differences....; Tags: Litigation, bankruptcy, supplier, information technology; White papers
Alternatives to Filing Bankruptcy: Deciding to file for bankruptcy is a decision that should not be taken lightly. Too many people opt for this decision before finding out what other alternatives are available to them. Filing for Bankruptcy should be a person's last resort if possible. In this paper, the authors have listed some...; Tags: Litigation, bankruptcy; White papers
Mortgage After Bankruptcy: Most people probably assume that obtaining a mortgage to purchase a home, refinance or to consolidate debt after a bankruptcy is out of the question. In fact, many people are able to obtain these mortgage services, even 1 day after a bankruptcy discharge in some cases. Loan programs and lenders...; Tags: Litigation, bankruptcy; White papers
Bankruptcy Vs. Credit Counseling: What Should I Do?: Credit Counseling and bankruptcy are both ways to relieve the stress of debt. However, they are very different and it is important to understand both before making a decision as to which is best. Credit counseling is a program designed to help those who are in a state of debt...; Tags: Litigation, bankruptcy, agency; White papers