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BY LOUIS LLOVIO
MEDIA GENERAL NEWS SERVICE ...more
November 13, 2009
He was forced to shut down his hair salon business after filing for bankruptcy protection. Creditors are still chasing after him for unpaid bills. Now the bank that holds the mortgage to the New Tampa house where he lives is foreclosing on the property. ...more
October 30, 2009
It was 10 a.m. on a Tuesday when Ray Sikorski saw his worst-case scenario coming true. ...more
March 20, 2009
101 Percentage increase in business bankruptcies from 2007 to 2008 in Florida's Middle District ...more
March 15, 2009
It was 10 a.m. on a Tuesday when Ray Sikorski saw his worst-case scenario coming true. ...more
March 15, 2009
With the recession raging, failures are skyrocketing in Florida and the Bay area. Business bankruptcies filed with the U.S. Bankruptcy Court's middle district of Florida – the central, southwest and north portions of the state – rose 101 percent from calendar year 2007 to calendar year 2008. ...more
March 13, 2009
Financially struggling Sirius XM Radio Inc. is planning to stream its subscription radio service to the iPhone and iPod Touch devices from Apple Inc. beginning this spring. ...more
March 12, 2009
Putting Lenders At Risk A proposal to allow bankruptcy judges to change the terms of loans if the borrower has asked the lender to modify the loan before filing for bankruptcy raises questions. Let's say the lender offers to give a six-month payment moratorium, and then a lower payment, in exchange for raising the rate, and the borrower turns it down. According to your article, the borrower could ask the bankruptcy judge to modify the loan - including lowering the loan amount. ...more
January 19, 2009
A plan to let bankruptcy judges alter the terms of home loans so owners can avoid foreclosure moved one step closer to reality this week. ...more
January 10, 2009
The Bush administration is looking at "orderly" bankruptcy as a possible way to deal with the desperately ailing U.S. auto industry, Treasury Secretary Henry Paulson said Thursday as carmakers readied more plant closings and a half million new jobless claims underscored the deteriorating national economy. ...more
December 18, 2008
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