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Latest Equity Loan Bankruptcy news:Midland Loan Services says Innkeepers' bankruptcy plan unfair
July 30 (Reuters) - Midland Loan Services Inc said bankrupt hotel chain Innkeepers USA Trust's reorganization plan gives preference to Lehman Brothers Holdings Inc over other secured creditors.
Read more News Source - Reuters via Yahoo! Asia News
Publish date - 19:01:58 07/30/10
Contractor: Trustee should oversee bankruptcy of Colorado Crossing partnership
An independent trustee should be appointed to oversee the bankruptcy of the partnership that’s building the Colorado Crossing mixed-use project because of alleged dishonesty, mismanagement, conflicts of interest and unrealistic financial...
Read more News Source - Colorado Springs Gazette
Publish date - 23:09:47 07/30/10
Taking steps toward refinancing a rental property
I have a rental property that I bought five years ago for $170,000 but now is valued at $120,000. I have a mortgage at 6.75 percent with about $45,000 in equity on the property. I am not in financial difficulty, but I would like to take advantage of low interest rates. Is it possible to refinance my rental home? If so, any tips would be appreciated.
Read more News Source - Washington Post
Publish date - 11:53:02 07/31/10
Ex-CEO joins in 2nd bid for Max & Erma's
The investor who bought Max & Erma's Restaurants two years ago is trying to regain control of the Columbus-based restaurant chain in bankruptcy court.
Read more News Source - The Columbus Dispatch
Publish date - 10:12:41 07/31/10
Taking steps toward refinancing a rental property
I have a rental property that I bought five years ago for $170,000 but now is valued at $120,000. I have a mortgage at 6.75 percent with about $45,000 in equity on the property. I am not in financial difficulty, but I would like to take advantage of low interest rates. Is it possible to refinance... Business and Economy - Real Estate - Property - Oceania - Australia
Read more News Source - Washington Post
Publish date - 19:30:42 07/30/10
Chrysler profitable, no rush to IPO: CEO
Chrysler, the No. 3 U.S. automaker, would be profitable on a net basis if it were not for the interest costs of loans remaining from its bailout, the automaker's chief executive said on Friday.
Read more News Source - Reuters via Yahoo! News
Publish date - 18:31:36 07/30/10
Apartment rents hitting bottom
Scott R. McClave is a principal of transactions and finance for the Bascom Group, an Irvine-based investment firm that manages over 30,000 units of apartments in 10 states. McClave is involved with the acquisitions, financing, and dispositions of...
Read more News Source - Orange County Register
Publish date - 08:15:37 07/31/10
First Capital Bancorp, Inc. Increases its Allowance for Loan Losses Resulting in a Second Quarter 2010 Loss, Reports ...
First Capital Bancorp, Inc. today reported its results from operations for the three and six months ended June 30, 2010.
Read more News Source - PR Newswire via Yahoo! Finance
Publish date - 20:01:12 07/30/10
UPDATE 1-Chrysler profitable, no rush to IPO -CEO
UPDATE 1-Chrysler profitable, no rush to IPO -CEO
Read more News Source - FOX Business
Publish date - 19:17:15 07/30/10
Obama says proving naysayers wrong on auto bailout
Obama says proving naysayers wrong on auto bailout
Read more News Source - FOX Business
Publish date - 19:19:55 07/30/10
American Safety Razor, Lehman, Innkeepers, AbitibiBowater: Bankruptcy
American Safety Razor Co. , the fourth-largest maker of wet-shaving blades, filed a Chapter 11 petition yesterday where the company will be sold to first-lien lenders in exchange for debt unless second-lien creditors make arrangements to pay off the senior creditors within seven weeks.
Read more News Source - Bloomberg
Publish date - 05:24:53 07/29/10
Chrysler profitable, no rush to IPO: CEO
By David Bailey and Bernie Woodall
Read more News Source - Reuters via Yahoo! Asia News
Publish date - 19:02:02 07/30/10
파산하면 주택 차압 피할 수 있다
계속되는 불경기에 크레딧 카드 페이먼트는 물론 주택 상환금도 못하는 경우가 많다. 처음 한 달 늦어서 신용불량자가 되기까지가 힘들지 일단 몇 달 안내다 보면 이왕 버린 크레딧 하면서 체념하게 된다. 페이먼트 거른지 7개월 쯤 지나 집이 경매에서 팔린다는 통지를 받게되면 이제는 어떻게하면 집에 조금더 머무르면서 시간을 벌어볼 수 있을까 생각한다. 벨리에 사시는 김 선생님이 위와같은 경우를 당해 걱정 하시는데 이웃집 박 선생님이 파산을 하면 시간을 어느정도 연장할 수 있다고 귀뜸해 주셨다. 과연 Bankruptcy하면 Foreclosure를 막을 수 있는 것인가? 맞는 말이다. 파산은 차압을 막을 수 있다. 차압 날짜에 맞추어 파산 서류를 파일하여 보내면 차압이 멈추어진다. 또한 코트에서 허락을 받기 전까지 ...
Read more News Source - 미주한국일보 via 야후! 미디어
Publish date - 04:56:38 07/30/10
The Volt: G.M.’s Electric Lemon
The worst thing about the the $41,000 electric car? As a taxpayer, you’ve already bought it.
Read more News Source - New York Times
Publish date - 13:45:17 07/30/10
The Newark Group, Inc. Obtains Court Approval of Prepackaged Plan
The Newark Group, Inc. , an integrated global producer of 100% recycled paperboard and paperboard products, today announced that it has obtained court approval of its prepackaged plan of reorganization. Â The plan was approved by the U.S.
Read more News Source - PR Newswire via Yahoo! Finance
Publish date - 20:39:18 07/30/10
Buying a Loan-to-Own Series, Part 2
SAN FRANCISCO-Three experts at Manatt, Phelps & Phillips LLP recently spoke with GlobeSt.com about buying a loan-to-own, how to account for the risks and how to know what you are buying.
Read more News Source - GlobeSt.com
Publish date - 10:02:45 07/28/10
Visteon gets loan holder support for reorganization
* Says Wilmington Trust agrees to end plan litigation
Read more News Source - Reuters via Yahoo! Singapore News
Publish date - 19:28:04 07/28/10
Foreclosure options
Foreclosure can be complicated and traumatic for a homeowner, and once the process begins, options are limited.
Read more News Source - Valencia County News-Bulletin
Publish date - 17:25:58 07/29/10
Foreclosures slam Miami metro area
The foreclosure quagmire continues.
Read more News Source - Sun-Sentinel
Publish date - 23:05:50 07/30/10
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