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Blog Posts in July, 2011

Student Loan Debt and Bankruptcy

If you are like many Americans, you have thousands of dollars worth of student loans that make your life difficult, even though you are long out of college. If you have learned about bankruptcy ...
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Man Buys Foreclosed Property for $16

When a man claimed a home for $16 in Texas, his story sparked controversy across the state, even though the method he used was not new or even illegal. Through the practice of "adverse ...
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Foreclosure Statistics Announced

Good news comes out of the latest report from an analysis that financial experts around the country rely on. The latest figures show that, overall, foreclosure filings have fallen during the first six ...
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Battle Over MLB Team Continues

The battle for ownership of a major league baseball team continues as the owner is still fighting with the MLB over who should finance the team. While the owner's legal counsel has already drafted ...
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Omega Navigation Enterprises Inc. Faces Chapter 11

Another American company finds itself in the middle of bankruptcy proceedings after failing to restructure debt with its lenders. According to the Chapter 11 bankruptcy documents filed by Omega ...
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Ron Paul Declares the Country is Headed Toward Bankruptcy

Known for his outrageous statements and larger-than-life political personality, the Republican presidential hopeful Ron Paul is predicting that America will soon go bankrupt. Speaking with Fox News on ...
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Can You Use Your Spouse's Credit Card Post Chapter 7?

When you file for bankruptcy , you are likely to have dozens of questions that you need answered. One popular question is whether you can be listed as an active user on your spouse's credit card, ...
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McCourt Says Selig is Responsible for Dodgers' Bankruptcy

Attempting a different approach to ending his bankruptcy , Frank McCourt stated this week that Major League Baseball forced him into this position. According to McCourt and his legal team, ...
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