THE COMPREHENSIVE REAL-TIME NEWS FEED FOR BANKRUPTCY.

Bankruptcy Newswire

• On Native GroundHERMAN Cain's 15 Minutes are Up _{2011-11-17, 03:00 am}
  ... donor Gloria Allred. In personal finances, PACER (Federal Court) records show that Ms. Bialek has filed for bankruptcy in the Northern District of Illinois bankruptcy court in 1991 and 2001. Does this mean that people who are having money problems ...
• CD Cargo reports CZK 2bn loss _{2013-01-17, 02:16 am}
  ... stock that the company acquired in 2007, was equal to Kc1.6bn. "It is not so bad, it is not for insolvency or bankruptcy," Transport Minister Zbynek Stanjura, present at the economic committee's meeting, commented on the data. Zaluda did not rule ...
• Moody's downgrade won't affect Woodland's water project credit _{2013-01-17, 02:14 am}
  ... t in which Moody's looked at economic pressures on California cities and predicted more municipalities may pursue bankruptcy.
• Boutique hotel: $1.85M _{2013-01-17, 02:03 am}
  ... sale since he purchased and renovated it in 2002. The business has had its ups and downs, filing for Chapter 11 bankruptcy in 2011. But its debts are paid, Myers said, and the eight-story hotel recently started up a new business relationship with ...
• American Airlines cuts labor costs, has 4Q profit of $262M _{2013-01-17, 01:53 am}
  American Airlines made a profit in the fourth quarter, a big turnaround from a year ago, as it slashed labor costs and reaped other benefits from its trip to bankruptcy court.
• Local bankruptcy filings drop to 5-year low _{2013-01-17, 01:34 am}
  The number of people filing for bankruptcy fell 12.5 percent, from 974 filings in 2011 to 852 in 2012.
• GM to spend $1.5 billion in 2013 to expand in North America _{2013-01-17, 01:25 am}
  ... expects GM to add U.S. jobs "very shortly." The automaker has added about 18,000 hourly jobs since its Chapter 11 bankruptcy in 2009. King said that figure would top 20,000 eventually. The automaker is weighing whether and where it needs to add work ...
• 1040EZ - the Benefits of Easiest Tax Form _{2013-01-17, 01:18 am}
  ... interest was not over $1,500 a Your taxable income must be less than $100,000 a You have not filed Chapter 11 bankruptcy within the last 6 years a You must not claim any student loan interest deduction a You did not claim any additional standard ...
• Settling Unsecured Bad Debt With Your Creditors _{2013-01-17, 01:11 am}
  ... consumer also could negotiate directly with their credit card company, work with a credit counselor, or consider bankruptcy. A free consumer help site called Bad Credit MD has more information on dealing with these issues at ...
• Howell Twp. accountant warns of bankruptcy _{2013-01-17, 01:05 am}
  ... unable to fund water-and-sewer bond payments in May 2017 through general fund dollars, likely forcing a municipal bankruptcy, said Brent Kil-pela, the township's accountant. Kilpela provided projections at Monday's Board of Trus-tees meeting based ...
• Visteon says no plans to move HQ from Michigan _{2013-01-17, 01:00 am}
  ... Visteon operated 33 plants in North America and had more than 25,000 workers in the United States. It filed for bankruptcy in May 2009 amid a sharp decline in auto production. The company shed $2 billion in debt during its 16-month bankruptcy stay. ...
• American Airlines posts $262 million profit in fourth quarter _{2013-01-17, 12:58 am}
  AMR Corp. made it into the black in the fourth quarter after a year of cleaning up its balance sheet and cutting costs while operating in Bankruptcy Court.
• $726 million bond deal will keep WPAHS afloat _{2013-01-17, 12:15 am}
  ... in a savings of about $100 million for Highmark. With the deal, officials said West Penn Allegheny will avoid a bankruptcy filing and preserve pensions for the health system's 12,000 employees. The agreement is considered crucial to Highmark's plans ...
• Chafee calls for lower biz taxes in state-of-state _{2013-01-16, 11:56 pm}
  ... loan guarantee to former Red Sox pitcher Curt Schilling 's video game company 38 Studios, which has filed for bankruptcy. Chafee opposed the investment as a candidate and said it's an example of the kind of poor leadership Rhode Island can no longer ...
• Briefly _{2013-01-16, 11:53 pm}
  American Airlines made a profit in the fourth quarter, a big turnaround from a year ago, as it slashed labor costs and reaped other benefits from its trip to bankruptcy court.
• GM to invest $1.5 billion on North American expansion in 2013 _{2013-01-16, 11:47 pm}
  ... expects GM to add U.S. jobs "very shortly." The automaker has added about 18,000 hourly jobs since its Chapter 11 bankruptcy in 2009. King said that figure would top 20,000 eventually. The automaker is weighing whether and where it needs to add work ...
• 5 ways to destroy your net worth _{2013-01-16, 11:22 pm}
  ... accident can lead to huge medical bills and serious financial difficulties. One of the prime causes of personal bankruptcy in the United States is medical costs, and going without health insurance represents a sizable risk to a person's net worth. ...
• What's Next For Liberalism? _{2013-01-16, 11:09 pm}
  ... respects, liberalism is a fat target. Dozens of city and state public employee pension plans are on the verge of bankruptcy or are actually bankrupt from Rhode Island to California; in 2010, a survey of 126 state and local plans showed assets of ...
• URGENT: How to beat Barack Obama's executive orders on gun control _{2013-01-16, 10:55 pm}
  It is often said that the Second Amendment is the First Amendment. Without it there can be no others.
• Osoyoos Concert Series Opts for Comedy at Upcoming Show _{2013-01-16, 10:55 pm}
  ... money manager named Cliv, who has recently lost his job and is carrying a heavy debt load, so he declares bankruptcy and moves to B.C.'s interior and moves into a dilapidated house that needs a lot of upgrades, especially the outside deck. The deck ...