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Blog Posts in February, 2012

Popular Music Festival Files for Bankruptcy

When officials of a 30-year-old festival were forced to cancel last minute last year, there were ramifications greater than local disappointment. The group that runs the festival has been forced to ...
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Drop in Foreclosures Reported in Texas

Homeowners in Texas can breathe a little easier after learning that their state experienced a serious drop in the foreclosure rate. According to RealtyTrac, a company that monitors foreclosure rates ...
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Golf Courses Seek Bankruptcy Protection

When the recession hit several years ago, people across the country were forced to give up on life's luxuries. Several golf courses in upstate North Carolina found themselves hit by the struggling ...
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T-Boz's Bankruptcy Case Dismissed

T-Boz, of the popular all-girl group TLC, learned this week that her third Chapter 13 bankruptcy filing had been dismissed. According to the court appointed trustee, the singer had not been following ...
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National Student Loan Debt Leading to More Bankruptcy Filings

Think that you are the only person with massive amounts of student loan debts? Think again. The overall national debt accrued by student debts has increased dramatically over the past decade and shows ...
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Completing Pre-Bankruptcy Counseling

If you have plans to file for Chapter 7 or Chapter 13 bankruptcy , you will need to sign up for a pre-bankruptcy counseling session in order to qualify. This is a quick and easy session that will only ...
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Banks Challenge Inter-State Foreclosure Laws

After the robo-signing scandal of 2011, several mortgage providers are still dealing with lawsuits that will determine the state of foreclosures for 2012 and beyond. One of those lawsuits involves the ...
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American Airlines to Fire 13,000 Workers due to Bankruptcy

As most of the airline industry is struggling to stay afloat, America's third largest airline company is working to get through its Chapter 11 bankruptcy filing. American Airlines (AA) announced ...
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