Approximately 250 commercial real estate properties in the Dallas Fort-Worth area are facing foreclosure. Foreclosure filings for about 250 properties include buildings, hotels, shopping centers, warehouses and commercial land. In total, the foreclosures represent...
Chapter 11 bankruptcy has become almost a like a "miracle cure" for companies around the country. At the onset of the recession and foreclosure crisis, many companies desperately sought the protection of Chapter 11...
While Bernie Madoff was sentenced to 150 years in prison in June for masterminding the world's longest and largest Ponzi scheme in history, many of his victims who lost fortunes in his "investments" aren't...
Have you ever wondered what life would be like in America without our modern bankruptcy system? Well, unfortunately for the citizens of the Philippines, life without a modern bankruptcy system has proven disastrous. "The...
Mortgages backed by the Federal Housing Administration are literally draining the agency of its cash reserves. The number of FHA foreclosures has increased 26 percent within the past year and at least 9.1 percent...
President Obama's State of The Union speech, addressed many issues facing Americans today. One of those issues was the need of America's banking institutions to repay the American taxpayer for bailing them out of...
Wal-Mart Stores, Inc. is implementing 11,200 job losses at its Sam's Club warehouses in an effort to stop financial losses being experienced by the discount grocery chain. Approximately 1,200 of those job losses will...
