In addition to a lawsuit filed against Irwin Financial Corp. executives, the company’s bankruptcy trustee also sued the Federal Deposit Insurance Corp. In the action against the executives, Irwin’s former chairman, chief financial officer and an executive vice president were named as defendants. The lawsuit against the FDIC seeks nearly $200 million. View full post [...]
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Bankruptcy Trustee Sues FDIC, Irwin Executives
September 25th, 2011 
davidguide 
Posted in Business Loans 
Tags: bankruptcy, bankruptcy trustee, Chairman, FDIC, federal deposit insurance, federal deposit insurance corp, Financial, irwin financial corp, President, trustee 
Comments OffLolita’s Cantina at Town Square files for bankruptcy
May 19th, 2011 davidguide The 10-month-old Lolita’s Cantina & Tequila Bar in Las Vegas filed for bankruptcy Wednesday in hopes of restructuring more than $500,000 in debt and liabilities. View full post on Business Stories
Posted in Business Structures Tags: bankruptcy, Business, debt, liabilities, lolita, post, restructuring, Stories, Tequila, tequila bar, View Comments OffLandowner tied to stalled residential project files for bankruptcy
April 5th, 2011 davidguide The Las Vegas-area real estate market was hit with a sizable bankruptcy Monday — this one involving a stalled residential project in Henderson. View full post on Business Stories
Posted in Business Structures Tags: bankruptcy, Business, Las Vegas, market, Monday, post, project, real estate market, residential project, vegas area, View Comments OffAvoiding Bankruptcy With the Help of Hard Money Loans
January 30th, 2011 When weighed down by excessive debt, it can sometimes feel like bankruptcy is the only way to finally get back on your feet. Yet many people fail to realize just how serious bankruptcy is.
Posted in Business Loans Tags: assistance, avoiding bankruptcy, bankruptcy, debt, decade', excessive debt, insurance, manageable level, Money, money loans, private lenders Comments OffA&P shares plunge on bankruptcy speculation
December 10th, 2010 davidguide SAN FRANCISCO (MarketWatch) — Shares of Great Atlantic & Pacific Tea Co. , parent of the money-losing A&P supermarket chain, plunged 62% to $1.08 in Friday morning trading. Bloomberg reported the New Jersey-based supermarket operator may soon file for bankruptcy. Executives at A&P had said Oct. 22 they were several weeks away from inking a [...]
Posted in Business Structures Tags: amp, Atlantic, bankruptcy, filing bankruptcy, food emporium, MarketWatch, New Jersey, pacific tea co, plunge, SAN FRANCISCO, Shares, speculation, Stories, supermarket, supermarket chain, supermarket operator, time Comments OffServicers Fight R.I. Requirement
November 29th, 2010 davidguide There is no ruling yet in Ocwen Loan Servicing LLC’s challenge to a loss-mitigation program instituted last year by the U.S. Bankruptcy Court in Providence for lenders and debtors at risk of foreclosure. A hearing on the challenge by Ocwen and PHH Mortgage Corp. was held this month before a U.S. bankruptcy judge. The servicers [...]
Posted in Business Loans Tags: bankruptcy, challenge, chapter 7 bankruptcy, chapter 7 bankruptcy cases, Court, fight, loss mitigation, mitigation program, Mortgage, Ocwen, phh mortgage, program, Providence, R.I., requirement, Servicers, U.S., U.S. Bankruptcy Comments OffHard Money Loans Help Avoid Bankruptcy
November 24th, 2010 Kate Ross Never heard of a hard money loan? Find out what a hard money loan is and also learn how a hard money loan can help you avoid bankruptcy.
Posted in Business Loans Tags: bankruptcy, Consolidation, credit, debt, drastic measures, filing bankruptcy, Hard, Kate Ross, Kate RossArticle, Money, money loans, private lenders, smart borrowers Comments OffConsumer bankruptcy filings climb 11%
October 4th, 2010 davidguide SAN FRANCISCO (MarketWatch) — U.S. consumer bankruptcy filings rose 11% in the first nine months of this year, versus the same period in 2009, the American Bankruptcy Institute said Monday, citing data from the National Bankruptcy Research Center. Filings totaled 1,165,172 nationwide during the first nine months of 2010, compared to 1,046,449 total consumer filings [...]
Posted in Business Structures Tags: american bankruptcy institute, bankruptcy, bankruptcy research, climb, Consumer, consumer bankruptcies, consumer bankruptcy filings, Executive Director Samuel Gerdano, filings, MarketWatch, national bankruptcy, period, SAN FRANCISCO, Stories, U.S., year Comments Off
