Citibank Voices Support Of “Cramdown” Legislation
In a dramatic about-face Citibank’s chief executive voiced support Thursday for a Senate bill that would allow bankruptcy judges to modify mortgages for persons seeking Chapter 13 bankruptcy. In letters to congressional leaders, Vikram Pandit praised the...Newsweek Article: Resolve To Go Bankrupt In 2009
A Newsweek article published in the January 12, 2009 issue and available online tells readers that bankruptcy is something that more people should consider. The article explains why most people facing large consumer or medical debts should file bankruptcy before...Foreclosure Postings Up In D/FW
Foreclosure postings at courthouses in Dallas, Tarrant, Collin and Denton counties are up for January sales, according to a report published by Foreclosure Listing Service, Inc. The report states that 4,078 residential postings were filed for January 2009 auctions, up...Tribune Company Files Bankruptcy
Tribune Company, owner of KDAF-TV 33 in Dallas, newspapers like the Los Angeles Times and the Chicago Tribune, the Chicago Cubs and Wrigley Field, will file for Chapter 11 bankruptcy protection in Delaware. The Associated Press and the Wall Street Journal are reported...
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