Filing for bankruptcy is not an easy thing to do. It can drastically impact your financial well being and prospects for the future. A bankruptcy can eliminate debt, such as in the case of a Chapter 7 filing. It
This area of your credit report refers to public records that might affect your creditworthiness. Up until recently this may have included bankruptcy filings, tax liens, and civil judgments. However, bankruptcies are now the only public record that reporting agencies list. Other re...
Small discounters struggle. (A Look Back at 2001).(bankruptcy filings of Bradlees Inc., Ames Department Stores Inc.)(Brief Article)
However, the company can default and threaten with a bankruptcy filing, in order to push bondholders into restructuring its debts. So bond holders might agree to take 20 cents of new bonds for 100 cents of old defaulted bonds, representing an 80% haircut, if the other op...
■ The notes issued by us will not have the benefit of any cross-default or cross-acceleration with other indebtedness of BofA Finance or BAC; events of bankruptcy or insolvency or resolution proceedings relating to BAC and covenant breach by BAC will not constit...
And the large number of asbestos defendants that have declared bankruptcy stand as a warning to companies that are unable to satisfy it. By necessity, this forces asbestos defendants to leave no stone un- turned in their search for insurance dollars. Along those lines, there has been much ...
A 63% year-over-year surge in US filings forChapter 11 bankruptcy protectionwas tabulated in March. The worst-ever quarterly US merchandise trade deficit threatens to deflate GDP growth (shadowstats.com). US crude inventories are down 7% year-over-year at a 10.9% annualized rate over the las...
Either party may terminate this Agreement if (i) the other party files a petition for bankruptcy or is adjudicated bankrupt; (ii) a petition in bankruptcy is filed against the other party and such petition is not dismissed within sixty (60) days of the filing date; (iii) the other party...
Shell shakes up climate targets as it plans to keep gas business growing; Energy major gives itself more flexibility on timing of plans Tom Wilson – Financial Times /jlne.ws/3wTMjvT Wood energy giant Enviva files for bankruptcy; US pellet supplier to power plants brought down by debt, highe...
filings. Many emotions and lots paperwork are typically involved when filing for a bankruptcy. This includes bankruptcies for businesses and individuals. A goodbankruptcy attorneycan help you navigate through the bankruptcy process. They can also greatly increase the likelihood that your case will be ...