Recent Foreclosure and Loan Modification Numbers

September 13, 2011 No comments yet

55,687 homeowners received permanent, proprietary loan modifications in July compared to 50,283 in June, an increase of 11 percent Of proprietary loan modifications that were completed 80 percent (44,413) included reduced monthly principal and interest payments with 60 percent (33,302) receiving a reduction of more than 10 percent 87 percent (44,402) received fixed interest rate […]

Short Sale Numbers

August 30, 2011 No comments yet

Short sales increased 19 percent in the second quarter of 2011 and account for 12 percent of all sales nationwide Distressed property sales, including foreclosure sales and short sales, accounted for 31 percent of all U.S. residential sales in the second quarter, down from nearly 36 percent in the first quarter but up from 24 […]

Misconceptions About Filing Personal Bankruptcy

April 8, 2011 No comments yet

Filing bankruptcy is dishonest. Bankruptcy was designed to give you a fresh start and is a legal right intended to protect honest, hard working individuals who become unable to pay their debt. I will lose my home and property. In actuality, filing bankruptcy could save your home from foreclosure. Soon as you file, an automatic […]

Xerium Technologies Files For Pre-packaged Bankruptcy – Update – RTT News

March 30, 2010 Comments Off on Xerium Technologies Files For Pre-packaged Bankruptcy – Update – RTT News

Xerium Technologies Files For Pre-packaged Bankruptcy – Update
RTT News
The company would implement a pre-packaged reorganization plan under Chapter 11 of the US Bankruptcy Code in the Bankruptcy Court for the District of
Xerium files "pre-packaged" bankruptcyReuters
Xerium files for bankruptcyNews & Observer
The Daily Docket: Lehman Wants Claims CutWall Street Journal (blog)
MarketWatch (press release)
all 25 news articles »

NXP’s Junk Debt Soars 16.5 Times as Bankruptcy Concern Subsides – BusinessWeek

March 30, 2010 Comments Off on NXP’s Junk Debt Soars 16.5 Times as Bankruptcy Concern Subsides – BusinessWeek

NXP's Junk Debt Soars 16.5 Times as Bankruptcy Concern Subsides
BusinessWeek
worst recession since the 1930s, has soared as bankruptcy concerns have faded, said Ping Zhao, debt-research analyst at CreditSights Inc. in New York.

and more »

Local firm with noble national mission seeks bankruptcy – Tampa Tribune

March 30, 2010 Comments Off on Local firm with noble national mission seeks bankruptcy – Tampa Tribune

Local firm with noble national mission seeks bankruptcy
Tampa Tribune
But this small Apollo Beach-based charity filed for bankruptcy protection last week, leaving some rural communities around the country wondering about the

and more »

WaMu, Pacific Ethanol, Lehman, Xerium: Bankruptcy – BusinessWeek

March 30, 2010 Comments Off on WaMu, Pacific Ethanol, Lehman, Xerium: Bankruptcy – BusinessWeek

TopNews United States

WaMu, Pacific Ethanol, Lehman, Xerium: Bankruptcy
BusinessWeek
(This report contains items about companies both in bankruptcy and not in bankruptcy. Updates Washington Mutual and Pacific Ethanol; adds Xerium in New
Pacific Ethanol plans to pull plants out of bankruptcy by July (30 Mar 2010)New Energy Matters (subscription)
Pacific Ethanol unit files reorganization planReuters
Pacific Ethanol and subsidiaries file plan of reorganizationTrading Markets (press release)
Sacramento Business Journal –Fresno Business Journal –KMJ Now
all 45 news articles »

Emeritus/Blackstone Joint Venture Appointed “Stalking Horse” Bidder in Sunwest … – MarketWatch (press release)

March 30, 2010 Comments Off on Emeritus/Blackstone Joint Venture Appointed “Stalking Horse” Bidder in Sunwest … – MarketWatch (press release)

Emeritus/Blackstone Joint Venture Appointed "Stalking Horse" Bidder in Sunwest
MarketWatch (press release)
The purchase and sale agreement still remains subject to final bankruptcy court approvals and finalization of loan modifications with secured creditors.
Court Approves $1.3B Bankrupt Sunwest SaleGlobeSt.com

all 13 news articles »

BANKRUPTCY HEARING: Conflict Concern In Case – NWAOnline (subscription)

March 30, 2010 Comments Off on BANKRUPTCY HEARING: Conflict Concern In Case – NWAOnline (subscription)

BANKRUPTCY HEARING: Conflict Concern In Case
NWAOnline (subscription)
Bankruptcy trustee John T. Lee recently asked the court to hire Lindsey Management Co. to oversee rental property owned by John David Lindsey,

and more »

Use bankruptcy courts, not financial regulation – Deseret News

March 30, 2010 Comments Off on Use bankruptcy courts, not financial regulation – Deseret News

Use bankruptcy courts, not financial regulation
Deseret News
Ronald Reagan considered those nine words the most terrifying in the English language. And the government has been offering a lot of such

and more »


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