Pilgrim’s Pride Files Bankruptcy

Texas based Pilgrim’s Pride Corp. filed for Chapter 11 bankruptcy protection on Monday, hobbled by its debt load and volatile feed prices. The nation’s largest chicken producer sought bankruptcy protection in a filing with the U.S. Bankruptcy Court for the Northern...

North Texas Homebuilder Files For Bankruptcy

Plano-based Sheridan Homes of Texas is the latest North Texas home builder to file for bankruptcy protection this year. The nationwide credit crunch and high foreclosure rates have stymied the housing industry across the country. Analysts have said that North Texas...

Fort Worth neighborhood faces more foreclosure

The quiet neighborhood, where residents say homeownership is as much a dead end as the cul-de-sacs at each end of the street, is at the heart of the subprime-mortgage crisis.More than half of the 56 homes on Ronay Drive have been posted for foreclosure at least once...

U.S. foreclosures set first quarter records

For the first six months of 2008, foreclosure postings in the Dallas-Fort Worth area were up 20 percent from the same period last year, according to statistics from Foreclosure Listing Service Inc. of Addison. More than 25,000 North Texas homes have been faced with...