General Growth Properties may have found a possible resolution to exit a Chapter 11 Bankruptcy. Brookfield Asset Management Inc., a Canadian company, has agreed to invest around $2 billion in return for part ownership of the mall company. General Growth owns the Galleria at Tyler in Riverside, Moreno Valley Mall, and Redlands Mall to name [...]
Read This »The second phase of the Credit Card Accountability, Responsibility and Disclosure (CARD) Act of 2009 will take effect Monday February 22nd, 2010. The critical parts of the new legislation include caps on interest rates, approval of over the limit fees by the consumer, annual fee limit caps and so on. While all this is good [...]
Read This »The last month of 2009 brought with it familiar top ten cities with the most Chapter 7 bankruptcy filings in Orange County as reported in the Orange County Bankruptcy Blog.
Research done by an Orange County bankruptcy law firm concluded that last month (November) the top ten cities were: Anaheim, Costa Mesa, Fullerton, Garden Grove, Huntington [...]
A post from the blog Credit Slips by Adam Levitin investigates the how salacious (or not) the news about the White House party crashers’ bankruptcies truly is:
“…the White House dinner crashers (Tariq and Michaela Salahi) have noted that they own a winery that filed for Chapter 11 (reorganization) bankruptcy and then converted to Chapter 7 [...]
As we get closer to the end of this year, it appears that the number of Chapter 7 bankruptcy filings for the month of November 2009 have increased from October, continuing the upward trend for bankruptcy filings in Orange County this year.
Research done by a leading bankruptcy law firm concluded that Anaheim, Costa Mesa, Fullerton, [...]
If bankruptcy filings are indicative of how difficult the economic times are for the average worker, then the workers of the Inland Empire continues to suffer economic hardship. The cities that have the highest number Chapter 7 bankruptcy filings for the month of November 2009 are familiar ones, which appear nearly every month atop the [...]
Read This »An article posted by Nina Totenberg of NPR follows the story a students’ struggle to pay off his student loan. The Supreme Court has yet to decide the outcome of his case. Here is an excerpt of the article:
“… students enrolled in post-high school classes borrow money to advance their education. The federal government guarantees [...]
Chapter 7 bankruptcy filings for residents of Orange County, Riverside County, and San Bernardino County continue to be high, as local bankruptcy attorneys can attest. Although few cities in these counties are immune, the concentration of chapter 7 filings tend to be higher in some cities more than others.
The Orange County cities with the most [...]
The number of Orange County, Riverside County, and San Bernardino County residents filing for Chapter 7 bankruptcy has not slowed from August to September in 2009.
The ten Orange County cities with the highest number of Chapter 7 bankruptcies filed during September 2009, as reported in the Orange County Bankruptcies Blog, are as follows:
Anaheim, Costa Mesa, [...]
Chapter 7 bankruptcy filings have continued to rise across the nation, and southern California is no exception.
The top ten cities with the highest number of Chapter 7 bankruptcies in Orange County, as reported in the Orange County Bankruptcy Blog , are as follows:
Anaheim, Fullerton, Garden Grove, Huntington Beach, Irvine, Laguna Niguel, Lake Forest, Mission Viejo, [...]
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