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The PMI Group, Inc. Commences Voluntary Chapter 11 Proceeding to Protect Stakeholders
WALNUT CREEK, Calif., Nov. 23, 2011 /PRNewswire/ -- As a result of the previously-announced seizure by the Director of the Arizona Department of Insurance (the "ADI Director") of its primary regulated subsidiaries on October 20, 2011, The PMI Group, Inc.
InCharge Debt Solutions Showcases Bankruptcy Services at Detroit Consumer Bankruptcy Conference
Orlando-based nonprofit's financial counseling services shown to legal professionals at November 11, 2011 event
ORLANDO, Fla., Nov. 10, 2011 /PRNewswire-USNewswire/ -- InCharge Debt Solutions ("InCharge") will be showcasing its Pre-Filing Credit Counseling, Pre-Discharge Debtor Education courses to attorneys at the Detroit 7th Annual American Bankruptcy Institute Consumer Bankruptcy Conference to be held November 11, 2011 at MGM Grand in Detroit, Michigan.
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"There have been 5.93 bankruptcies for every 1,000 people in Michigan in 2011, ranking the state 9th in the country in personal bankruptcy filings thus far this year," said Beth Mason, InCharge's Director of Ou ...
Blockbuster shares tumble after bankruptcy warning
NEW YORK — Shares of Blockbuster Inc. sank 30 percent Wednesday after the video rental chain warned that it may have to file for Chapter 11 bankruptcy protection.
Georgia has third-highest bankruptcy rate in U.S.
ATLANTA - One in 50 Georgia households declared bankruptcy in 2009 between January and November, leaving the state with the third-highest personal bankruptcy rate in the nation.
Can Bankruptcy Save GM, Chrysler?
As a parting shot, the Bush administration tossed the Obama administration a hot potato; namely, what to do about the American-based car manufacturers who are teetering on the brink. The new President has found that an entire bevy of "experts" aren't shy about making recommendations, and many of those recommendations have been to require General Motors Corp. and Chrysler Corp. to enter Chapter 11 bankruptcy followed by restructuring and reconstitution of the companies. The experts suggest that by entering Chapter 11, the ailing companies could get relief from their pressing problems. They can tear up or substantially modify their union contracts, ash-can some of their under-performing brands, close plants and "right-size& ...
Editorial: Bankruptcy shouldn't cost blind and deaf kids
A zealous pursuit of assets in connection with a bankruptcy filing seems the very definition of the thing upon which a bankruptcy trustee and the trustee's counsel should be focused. So, in a purely technical sense, it shouldn't be particularly surprising that the trustee and counsel involved in the bankruptcy filing by Georgia Superintendent of Schools Kathy Cox and her husband should be targeting the $1 million the superintendent won last August on the TV game show "Are You Smarter than a 5th Grader?"
Leaner GM can leave bankruptcy protection
DETROIT - The path is now clear for General Motors Corp. to leave bankruptcy protection in record time as a leaner company that is better equipped to compete in a brutal global auto market.
GM bankruptcy leaves local Chevy dealer stuck
General Motors' bankruptcy declaration Monday left more than car buyers in limbo - former Winder Mayor Buddy Ouzts' efforts to sell Ouzts Chevrolet Co. also got hung up by the Chapter 11 filing.
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