By MAE ANDERSON AP Business Writer
NEW YORK (AP) _ Bedding- and home-furnishing retailer Linens ‘n Things on Friday filed for Chapter 11 bankruptcy protection, the latest major retailer to succumb to the difficult consumer environment.
The company’s parent, Linens Holding Co., filed a petition in bankruptcy court in Delaware.
The company named Michael Gries of the restructuring [...]

[Read more →]

By: Todd Knode
Frontier Airlines last week filed for Chapter 11 bankruptcy .  The reason was because the company that processes Frontier’s customer’s credit card transactions, First Data, raised the amount of ticket-purchase proceeds that it temporarily withholds from the company. First Data was withholding up to 45% of the transaction until the passenger’s flight took [...]

[Read more →]

By NEKESA MUMBI MOODY AP Music Writer
Michael Jackson has refinanced Neverland ranch in time to save it from a public auction that was scheduled for later this month.
Jackson attorney L. Londell McMillan told The Associated Press on Thursday that the pop star has worked out a ”confidential” agreement with Fortress Investment Group, LLC. The deal [...]

[Read more →]

A promissory note is a written agreement between a borrower and a lender that contains the details of a loan and the procedures for repayment.  Promisorry notes to repay home mortgages and student loans are two of the most popular examples.  However, the use of promissory notes in these areas are now being fundamentally altered.  [...]

[Read more →]

By JUAN A. LOZANO Associated Press Writer
HOUSTON (AP) _ Three British bankers who were set to go to trial for their roles in a fraudulent scheme with former Enron Chief Financial Officer Andrew Fastow changed their pleas to guilty Wednesday.
David Bermingham, Giles Darby and Gary Mulgrew had originally pleaded not guilty to seven counts of [...]

[Read more →]

JACKSON, Tenn. (AP) _ A drag racer being sued for millions of dollars after his car plowed into a parade crowd, killing six people and injuring dozens more, has filed for bankruptcy protection, records show.
Troy Critchley of Wylie, Texas, filed for Chapter 7 bankruptcy protection a week ago and claimed as creditors a dozen pending [...]

[Read more →]

By MARTIN CRUTSINGER AP Economics Writer
WASHINGTON (AP) _ Homeowners, struggling to deal with sharp increases in their adjustable mortgage payments, got hit with a record number of foreclosure notices in the spring as the crisis in subprime lending intensified.
The problem was the most severe in the industrial Midwest and former housing boom areas such as [...]

[Read more →]

Overwhelmed by debt? Are you facing foreclosure? Mounting medical bills? Have you lost your job? These are only a few reasons people just like you seek protection under the bankruptcy laws.
Denver bankruptcy lawyer, Tara Gaschler Represents Consumers in Chapter 7 and Chapter 13 Bankruptcy Cases
Get a FREE Consultation with an Attorney [...]

[Read more →]

The Bankruptcy Section of the Commercial Law League of America announces the 2007 changing of the guard
Taking the helm as the Section Chair for the 2007 / 2008 term is Chicago area attorney Deborah K. Ebner. Ms. Ebner has practiced bankruptcy law since 1981 and has served as a Federal Bankruptcy Trustee for Northern District [...]

[Read more →]

Arrange A Free, No Obligation Telephone Consultation
Immediately Contact Mr. Schreiber At 866-287-0242
Indiana Bankruptcy Lawyer Jeff Schreiber, based in Marion, Indiana provides more than 23 years of compassionate and skilled legal experience to people and businesses facing stressful financial difficulties.
Since 1983, Indiana bankruptcy lawyer Mr. Schreiber has successfully handled some of the following types of personal [...]

[Read more →]