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Bankrupt

The American Empire Is Bankrupt
2009-06-17 09:17:00
Boy, it’s late here, but the only time I’ve had to do this. But you really should read this article too within the next few days: The American Empire Is Bankrupt (sent in by Phil). I suspect this is going to happen very very soon now. Once the dollar is debased like this, it’s all ...
HTI Gone Bankrupt!
2009-06-05 01:57:00
Just as Matt Goyer was posting about the matter, a good friend of ours that does Hi-Fi audio/video home theater installation with Definitive Audio was on the phone informing us that HTI has in fact gone bankrupt.  Unfortunately the company has taken several large deposits from many of Seattle’s high-end luxury condos buyers who are ...
What Happens to Your Car Warranty if GM or Chrysler Goes Bankrupt
2009-03-31 17:35:00
Yesterday, the Obama administration issued an ultimatum to GM and Chrysler, asking Detroit’s troubled auto makers to restructure immediately or they will face other options including bankruptcy. Unlike last December when the Bush administration gave GM and Chrysler $17.4 bailout to keep them operating, this time the government decided to take a hard line on ...Original Post on The Sun's Financial Diary Special bonus offers Ohio CollegeAdvantage 529 Plan $25 Bonus Lending Club $25 Sign Up Bonus What Happens to Your Car Warranty if GM or Chrysler Goes Bankrupt
What happens if a country goes bankrupt?
2009-03-01 20:44:00
I am certainly not an expert on this issue, but a few of the following things will happen: 1. The currency of that country would collapse and it would be worth less than the paper the money are printed on. 2. Economic output would decline dramatically. 3. The retail and service sector would be decimated. 4. High unemployment rates 5. ...
UK going bankrupt?
2008-12-04 01:00:00
There is talk in the UK among experts that the UK might just be facing the same sort of problems that are afflicting other European countries. There is a chance that the UK could become technically bankrupt. In case you are too young to remember let me refresh you memory as to what happened the ...
Your Nieces & Nephews Will Bankrupt You*
2008-11-20 07:30:00
On Monday, after dinner at the Farmers Market, a friend and I browsed in the shops in the Grove, the shopping plaza immediately adjacent.  His suggestion that we visit the How to Bankrupt Your Uncle American Girl store proved a costly one for me. You see, the following day, the TwinPatriotNiecesWest would be celebrating their birthday.  ...
CNN Spins Obama Wanting to Bankrupt Coal Industry as Old News
2008-11-03 19:10:00
-By Warner Todd Huston In reporting the speech by Gov. Sarah Palin in Ohio today, CNN?s Political Ticker tried to spin her question about Obama?s coal comment as old news when it clearly isn?t. Palin asked why we are just now finding out about the interview where Barack Obama said he had hoped to bankrupt the ...
Book Review: Millionaire Babies Or Bankrupt Brats? by Jim Fay & Kristan Lea
2008-11-02 23:46:00
Love And Logic Solutions To Teaching Kids About Money The Love And Logic series of books has garnered a good deal of interest, they are designed as guides for parents who want to avoid the parenting traps that are oh so easy to fall into. This latest book by authors Jim Fay & Kristan Leatherman introduces ...
Obama?s Energy Plan: Bankrupt the Coal Industry
2008-11-02 17:42:00
Barack Obama’s energy plan is likely to bankrupt the coal industry, particularly coal-fired electrical plants - in the Senator’s own words. The plan would throw at least 80,000 people out of work, boost typical American residential electrical bills by hundreds of dollars, or some combination of both. In an interview with the San Francisco Chronicle on ...
Atomizer - Caustic Music For The Spiritually Bankrupt (2008)
2008-10-17 00:22:00
Country: Australia Genre: Thrash/Black Metal Label: Hells Headbangers Filesize: 71.7 MB Tracklist: 01. Intro: Caustic Transmissions 02. The Shroud Will Be Lifted 03. The Flowering Spores of Imagination 04. Science: The Great Usurper 05. Rats into Paradise 06. One Single Bone 07. Oppressive ...
China Buys Bankrupt U.S.?
2008-10-12 14:47:00
China Buys Bankrupt U.S.? The U.S. has been blowing its economy on military spending (more than the rest of the would combined) while China has been putting its efforts into its economy which is now empowered both to buy us up and displace us from our traditional power centers. The Soviet Union ...
POP: Team Fortress 2 Goes Bankrupt
2008-08-19 14:00:00
If this is what's to come from Machinima we have bright days ahead indeed.
> India:Is the Nation Bankrupt Or Is the Citizens Who Are Bankrupt?
2008-05-31 06:43:00
India: Bankrupted By The Oil Men? As oil continues to hover around the $130 mark, twice its level from a year ago, Asian governments have reluctantly been giving up their efforts to protect consumers via price controls on refined products such as gasoline. ...
Ideologically Bankrupt?
2008-05-27 16:23:00
Whatever has happend to the Project for a New American Century website? Can’t they afford to pay their bills now?
Can a Bankrupt person be a good tenant?
2008-05-20 15:31:00
Is there a way to qualify a tenant who is filing bankruptcy? Can a landlord ask for pre-payment (6 months) or something like that to protect himself? I have a couple who are both working but recently lost their home due to financial set back. If they have sufficient income to handle the $900/month rent, why not rent to them? I am a newbie landlord so any advise is appreciated.
the city of vallejo, california going bankrupt!?!!
2008-05-15 07:50:00
it may seems odd to my readers why I even bother to comment about a place so far away from bangkok, thailand. as it were, in another life, this city was in my neighborhood. so, yes, it concerns me somewhat.nobody wants to see places where they have lived going to pot.so, what have I got to say about the place and their bankruptcy proceedings?..I just reviewed all their financial statements (everything is on the internet), and anybody with half a brain could see - the problem is in a nutshell - they are paying their police officers and their firemen TOO MUCH MONEY!!the base salary for a police officer in vallejo is about 120,000 dollars a year.the average salary for a police officer in the nation is about 44,000 dollars a year.the solution to the budget problems - LOWER the salaries.jesus! EVEN a backseat driver with half a brain like me can figure that out.SO, the big question IS - why can't the people in vallejo, california figure that out? OR maybe, they know. but they are too in...
Statism: The Bankrupt Ideology
2008-05-12 03:08:00
"Do not separate text from historical background. If you do, you will have perverted and subverted the Constitution, which can only end in a distorted, bastardized form of illegitimate government."--James MadisonOf course, that is exactly what has happened in this country, we have allowed a certain political ideology, composed of members of both the left and the right, to infect it with particular brand of Statism that is little more than a hybrid of Fascism and Socialism.So, what happened to the Constitutional Republic, why, as Statist claim, didn't the Constitution remain viable and continue to work if it were such a sublime document as touted by those, like myself, as the ultimate political form for the advancement of society and the individuals who make it up?What Statist fail, utterly fail to realize or admit, is that this country and its government has fallen to the Statist. Nationalization and Centralization began in earnest during the reign of Abraham Lincoln. Lincoln and h...
Highlighting al-Qaeda's Bankrupt Ideology
2008-05-07 21:38:00
According to recent U.S. government reports and senior U.S. counterterrorism officials, contesting al-Qaeda's message is no less important than capturing or killing the group's operatives. And as the administration prioritizes its agenda for the last eight months in office, recognizing the need for a refocused communication plan to highlight the bankruptcy of al-Qaeda's ideology is a critical -- albeit overdue -- part of a reengineered counterterrorism strategy. The State Department's 2007 Country...(read more)
A Bankrupt Superpower - The Collapse of American Power
2008-04-30 06:52:00
by Paul Craig Roberts In his famous book, The Collapse of British Power (1972), Correlli Barnett reports that in the opening days of World War II Great Britain only had enough gold and foreign exchange to finance war expenditures for a few months. The British turned to the Americans to finance their ability to wage war. Barnett writes that this dependency signaled the end of British power. From their inception, America's 21st century wars against Afghanistan and Iraq have been red ink wars financed by foreigners, principally the Chinese and Japanese, who purchase the US Treasury bonds that the US government issues to finance its red ink budgets. The Bush administration forecasts a $410 billion federal budget deficit for this year, an indication that, as the US saving rate is approximately zero, the US is not only dependent on foreigners to finance its wars but also dependent on foreigners to finance part of the US government's domestic expenditures. Foreign borrowi...
Retailers going bankrupt
2008-04-17 00:05:00
Retailing Chains Caught in a Wave of Bankruptcies By MICHAEL BARBARO The consumer spending slump and tightening credit markets are unleashing a widening wave of bankruptcies in American retailing, prompting thousands of store closings that are expected to remake suburban malls and downtown shopping districts across the country. Since last fall, eight mostly midsize chains ? as ...
Bez is bankrupt (again)
2008-04-17 00:00:00
Bez can shake his maracas all he wants, but unfortunately they do not make debts disappear. The Happy Mondays' dancer has been declared bankrupt for the second time, it has emergedThe Inland Revenue filed a bankruptcy petition against Mark Berry - Bez's duller, un-Madchester name, on February 7. It was ...
Wireless charging not on as Slashpower goes Bankrupt
2008-04-06 14:32:00
Wouldn?t it be great if all portable equipment could get recharged with the need for unsightly wires and cables? The future almost brought us this, but unfortunately now it may never be visualised for Slashpower. Slashpower has been working on a wireless charging device since 2004 has thrown in the towel and filed for bankruptcy. Apparently ...
Statism: A Bankrupt Ideology
2008-04-05 00:13:00
"Do not separate text from historical background. If you do, you will have perverted and subverted the Constitution, which can only end in a distorted, bastardized form of illegitimate government."--James MadisonOf course, that is exactly what has happened in this country, we have allowed a certain political ideology, composed of members of both the left and the right, to infect it with particular brand of Statism that is little more than a hybrid of Fascism and Socialism. So, what happened to the Constitutional Republic, why, as Statist claim, didn’t the Constitution remain viable and continue to work if it were such a sublime document as touted by those, like myself, as the ultimate political form for the advancement of society and the individuals who make it up? What Statist fail, utterly fail to realize or admit, is that this country and its government has fallen to the Statist. Nationalization and Centralization began in earnest during the reign of Abraham Lincoln. Lincoln an...
Maggie Williams, Clinton Campaign Manager, Director of Bankrupt Subprime Le
2008-03-31 15:22:00
The tangled web of the housing market and politics is getting deeper. Hillary Clinton is proposing a 30 billion dollar bailout of the housing market. This obviously is a move to gain a populist edge in the coming election. Typical politics, nothing to see here, right? Well not so fast. Her campaign manager and chief adviser, ...
Bankrupt Builder Short Sale
2008-03-29 05:20:00
My husband and I built an investment house in Arizona.  We pulled a home equity loan on our primary residence to help with the difference that we needed to build this house.  The economy in Arizona has been hit and our builder filed bankruptcy–all the homes that are around us are now owned by the ...
Bear Sterns Bankrupt! Now what?
2008-03-21 15:04:00
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Rebuild Credit Profile, Maintain Good Credit, and Get Credit after Bankrupt
2008-03-10 13:59:00
When you loose the ability to pay your credits, you have the tendency to file for bankruptcy. Are you looking for some inside information on income tax refund? Here’s up-to-date information on Taxes and personal finance and also on Taxes.
Can Data Breaches Be Expected From Bankrupt Mortgage Lenders?
2008-03-08 07:20:00
The stock market is in a tumult.  Actually, it has been for about a year, ever since the subprime fiasco (anyone take a look at Moody?s performance over the past year?)  Now that that particular issue has been beaten to death, other mortgage?related issues are cropping up.  Most of the stuff covered in the media is financial in nature, but some of those mortgage?related issues do concern information security.  It?s no secret that there are plenty of companies in the US that discard sensitive documents by dumping them unceremoniously: leave it by the curb, drive it to a dumpster, heave it over the walls of abandoned property, and other assorted mind?boggling insecure practices.  In fact, MSNBC has an article on this issue, and names numerous bankrupt mortgage companies whose borrowers? records were found in dumpsters and recycling centers.  The information on those documents include credit card numbers and SSNs, as well as addresses, names, and other in...
Bankrupt Builder
2008-03-04 01:41:00
I hope you can answer this question, but I have a pre construction contract on a property where the developer has filed for a chp 11.  The developer has a total of 10% cash and a 10% letter of credit from my bank.  What happens to this 10% letter of credit? I noticed on his claims ...
Basketball Star Got Bankrupt
2008-02-15 23:25:00
In one of the forums that I frequently trade discussion with, a question was raised by one member why a great (really great) segment of the Philippines is poor. Answers flooded but most of us ended up with a consensus that attitude (towards life, future, money, family, etc) is the main culprit caused even more by financial illiteracy. These are the people who have the one-day-millionaire attitude. Don’t worry about tomorrow, what is important is that we are full today. When these people have money, they buy signature clothes, different gadgets, the latest of mobile phones, appliances, go vacation, treat their friends, give money to their relatives, buy cars and so on and so forth, just so many for me to enumerate. This is not only the case with people who were born poor and die poor, even passing their torch of poverty to their next generation; this is even truer to people who were poor and got rich but ended up once again to where they came from.I have an Uncle who earns rea...
Going Bankrupt: The US?s Greatest Threat
2008-01-23 19:21:00
asia times: The military adventurers of the George W Bush administration have much in common with the corporate leaders of the defunct energy company Enron. Both groups of men thought that they were the “smartest guys in the room”, the title of Alex Gibney’s prize-winning film on what went wrong at Enron. The neo-conservatives ...
> I became bankrupt
2008-01-22 12:40:00
HI guys, This is a very famous person giving tips on http://www.chamatcar.com/home/- I feel all the brokers and people giving tips allied together to remove the small investor from market and make money. What I would suggest is to refrain from joining this group. :(((( *From:* Suresh *Sent:* Tuesday, January 22, 2008 12:32 PM *To:* chamatcar@chamatcar.com *Subject:* Thanks for ...
Duke lacrosse prosecutor bankrupt, $180M in debt
2008-01-17 03:40:00
And the nation smiles in revenge. Mike Nifong, the district attorney from the Duke lacrosse rape case, recently filed for bankruptcy, listing around $180 million in liabilities. He listed his assets at around $9000 in personal property, a 2003 Honda Accord, a $230,000 house, and around $5,000 a month in pension. The above link has a copy of the document which has some interesting info on his financials.
By: Wikilaw
Mike Nifong Files For Bankruptcy
2008-01-16 02:09:00
Disgraced and disbarred, Mike Nifong is now bankrupt. The former North Carolina prosecutor, whose career imploded with his botched handling of the Duke University rape case, today filed for bankruptcy, listing liabilities in excess of $180 million! A summary schedule from Nifong’s Chapter 7 petition can be found HERE -Chris Jones  addthis_url = ...
The 21st Century Ghost Town: The Aftermath of Bankrupt Developers
2008-01-16 00:00:00
As you go about the process of shopping for a home, you likely are finding yourself looking at newer developments. Depending on where you live in the Tampa area, you likely have found yourself considering residential Tampa real estate in new developments. When it comes to considering purchasing residential Tampa real estate in ...
Chapter 7 Bankruptcy
2008-01-15 18:23:00
Chapter 7 is the bankruptcy provision most frequently used by individuals. It involves the complete liquidation of a debtor’s property to pay creditors and removes the remaining debts. The debtor can retain certain property that is specifically exempt under his choice of Federal law the State’s law (tools of one’s trade, limited equity, some personal ...
Bankruptcy: What's the Difference Between Chapter 7 and Chapter 13? [del.ic
2008-01-15 17:06:00
Tip! Ask for suggestions from legal professionals. Find a bankruptcy attorney at the circle of your acquaintances. When consumers contemplate the option of bankruptcy generally, the remedy they are specifically referring to is chapter 7 bankruptcy. Th...
Credit Repair - Bankruptcy Part 1
2008-01-15 09:46:00
Credit Repair-Bankruptcy by Steven Hay Part 2 and Part 3 will be featured tomorrow. What is Bankruptcy? Bankruptcy is one of the more effective ways to deal with debts you cannot afford to pay. Once you declare that you are bankrupt, all assests in your possession will be used to pay your outstanding debts. After a period of ...
Bankruptcy Tradeline Added Later?
2008-01-14 15:27:00
Can a creditor who has been charged off through bankruptcy list on my credit report after the fact? To clarify, if a debt is discharged through bankruptcy–can that creditor list it on a credit report afterwards? Lee ————-212;– Hello Lee, The answer is: yes, given this bankruptcy credit repair criteria. Thanks for the questions and hope this helps. Paul
Heather Mills is going BankRupt
2008-01-14 09:50:00
Heather Mills has sold her nine-bedroom mansion to pay the legal bills for her divorce from Sir Paul McCartney. H-eather will go back where she used to live earlier - Brighton England - after selling her Robertsbridge, East Sussex country estate in order to collect the cash deposit of one million dollars she put down on the property. Popular: 1 hours ago source: (www.radreport.net)
Is Bankruptcy the Right Option for You? [del.icio.us]
2008-01-13 18:36:00
Tip! It is also a requirement, for those wishing to obtain a bankruptcy home loan, to have a debt-to-income ratio of between forty-five to fifty percentile range. Types Of Bankruptcy There are two different types of bankruptcy that can be used in most ...
Mortgage, Bankruptcy, Foreclosure, FCRA Violations
2008-01-12 22:24:00
I filed a joint 7 Bankruptcy with my then spouse (currently divorced) in October 2005 and it was discharged February 2006. I had a mortgage included in the bankruptcy under the schedule of creditors listing the full home value (mortgage was in my name). Currently, I?m having issues updating a foreclosure on my credit reports: ...
The Facts About Personal Bankruptcy [del.icio.us]
2008-01-11 18:03:00
Tip! Fourth step is optional; you can apply for a mortgage after bankruptcy even with bankruptcy discharged yesterday and just about any time you want. The thought of personal bankruptcy is very frightening, however over 5.4 per 1,000 people have filed...
Countrywide avoids bankruptcy as BofA pays $4 billion (in stock) for a $1 c
2008-01-11 15:33:00
The US learned from the UK Northern Rock debacle and avoided a massive bank run by orchestrating BofA's $4 billion all-stock takeover of lowly Countrywide and its epitome of executive corruption and greed, Angelo Mozilo.Now ask yourselves, why would BofA pay $1 for a company that would have gone bankrupt if they hadn't? True, it's at over 80% off vs. its high, but still why pay billions for a company worth nothing (at best)?Hmmmm.....Maybe because if Countrywide went bankrupt, it would have cost BofA more than $4 billion?It'll be interesting if this deal actually goes through. It might just be BofA looking to prop up the value of CFC as they dump shares. But if BofA buys it and it closes, then THEY own the CFC toxic loans that NOBODY will buy and which have NO value on the open market. Can you say BofA write-down? And mark my words, this one will cost BofA CEO Kenneth Lewis his job, even though he'll be laughing all the way to the bank.Bank of America saves Countrywide fro...
Nation?s largest brokerages going BANKRUPT
2008-01-11 07:20:00
Citigroup and Merrill in talks for foreign capital: report   NEW YORK (Reuters) - Citigroup Inc. (C.N) and Merrill Lynch & Co Inc. (MER.N) are in discussions to receive more capital from investors, primarily foreign governments, The Wall Street Journal reported on Thursday. Source  =======  Giant Write-Down Is Seen for Merrill By JULIA WERDIGIER and JENNY ANDERSON Merrill Lynch is ...
Guaranteed Personal Loans Even After Bankruptcy Posted By : Kirthy Shetty
2008-01-10 13:34:00
Your need for loans after bankruptcy will evoke a lot of questions and confusionsÂ….clear your ambiguities and get guided towards a right choiceÂ… That last time I used my credit card, I kicked myself. You see, I'm trying out this whole negative reinforcement thing. Anyway, the point is that we should try not to spend so much and start saving more. Maybe what's in order is a financial planning education course. Read more about finance and credit cards.
4 Ways To Be Debt Free Without Bankruptcy Posted By : Martin Sumner
2008-01-10 07:00:00
Years of easy access to cheap credit has left many people struggling with debts. Find out how to get debt free without being forced into bankruptcy.
More Reasons Bankruptcy is a Good Practice Area for Solos
2008-01-10 06:02:00
If you have followed my blog you know I believe bankruptcy will be a great area for solos to get into for a myriad of reasons.  Here is just one more reason to consider this practice area which will give you many clients.  According to the Bankruptcy Law Network:Proposed new bankruptcy legislation designed to help troubled homeowners will benefit consumers without hurting the industry.  It would allow consumers with bad home loans to get help from the bankruptcy court.  If you haven't read it already, there is a strong push to stop the catastrophic foreclosures created as a result of sub-prime lending practices.  Better to keep people in their homes then deal with the fall out that would put further pressure on the economy. By putting in place new bankruptcy legislation to aid those in distress, there are opportunties as it's fair to say the process will require legal assistance.  The record number of foreclosures is astounding meaning there is plent...
How To Deal With Bankruptcy Posted By : Peter Kenny
2008-01-10 00:47:00
During the period from 1998 through 2000 there was a decrease in the filings for bankruptcies but that is not how it is now Many graduates think that the six months they have before the required scheduled repayment of their various college debts seems like forever. The six months is nothing compared to the years and years of payments ahead of you. A consolidation of student loans can make the monthly much less painful. Read more about finance and student loans.
How Filing Bankruptcy Will Ruin Your Personal Credit Rating Posted By :
2008-01-10 00:47:00
Bankruptcy can affect you personal credit in a bad way. Here are some ways to get around it. A recent study by United College Marketing Services has shown that student credit lines have increased to over $6,000. Credit card usage has tripled since 2001 amongst teenagers as well. Since eighteen year-olds in many countries and most U.S. states are eligible for a card without parental consent or employment, the likelihood of increased balances, unwise use of credit and damaged credit scores increases. Read more about Finance and Credit.
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