Bankruptcy

Threat of Greek Sovereign Bankruptcy and Possible Consequences for the Eurozone
Der Spiegel has an informative story on the possibility that a Eurozone country might default on its sovereign debt, with economic, political, and legal consequences that could be anything from serious to dire...

ResCap Cant Stand on Own, Moodys Says
Suggesting that mortgage lending Residential Capital LLC is circling the drain and potentially threatening to take corporate parent GMAC LLC with it, Moody’s Investors Service last week downgraded key credit ratings at both firms...

Olympic Airways, State Aid, Infringements and Financial Penalites against Greece: Case C-369/07
The Court of Justice has once again ordered Greece to pay a lump sum and a periodic penalty payment under Article 228 EC for failing to comply with a Court judgment. This time Greece failed to comply with the judgment...

New York Times is Junk
Not the reporting, its debt. S&P downgraded the companies bonds to BB-, junk. The bonds can no longer be held by funds that must hold "investment grade" securities.

Charges Downgraded In Case of Former Philadelphia Anchor
A judge has downgraded the charges in the case of former Philadephia news anchor Alycia Lane, who was accused of assaulting a New York police officer last December. Here's a prior post...

How Much Debt is Too Much Know When Debt Needs a Solution
Although most people have debt, some may not know how much debt is considered “too much debt” and when a debt solution is needed. One way to get a general overview of your financial health is to calculate your debt...

The Mortgage Forgiveness Debt Relief Act
Phantom Income Relief on Debt Cancellation

Collection Agencies and Creditors
How to deal and stop the harassment

Bankruptcy Law
A complete prime (pre-2005)

The Paulson Toxic Mortgage Debt Security Act: The Biggest Government Bailout of All Time
Legislative Proprosal for Treasury Authority to Purchase Mortgage-related Assets

Emergency Economic Stabilization Act of 2008
Bailout Bill HR124

Truth In Lending Act
Consumer Loans and Consumer Credit Protection Act

Creditor Debt
Trophy Resources agrees to $600,000 debt settlement.

Bankruptcy
helping to get you out of debt.

Mel Harris and Associates Debt Collection
Face Class Action for Alleged "Sewer Service" Practices

AireSurf Networks Holdings Inc.
$23,147 debt settlement made by issuance of 115,735 common shares.

Too Much Debt
Titan Oil and Gas to pay $179,477 settlement in financial lawsuit.