Sony Corp. said Monday it expects to fall into the red in fiscal 2010 for the third straight year with a group net loss of ¥260 billion, due mainly to the effects of the March 11 disasters. The loss would be the company’s biggest since the ¥293.3 billion one it posted in the business year [...]
Integrated Financial Associates, a hard-money lender that filed for bankruptcy protection in March, hopes to sell properties it owns to generate income and get back to originating short-term loans secured by real estate, attorney Alan Smith said. View full post on All Stories
It’s an anniversary few are celebrating. A year ago Saturday, with its faltering economy days away from bankruptcy, Greece ended months of speculation and requested bailout loans. View full post on All Stories
By the time Lehman Brothers Holdings Inc. became the biggest bankruptcy in U.S. history, plunging the economy into the worst financial crisis since the 1930s, the firm had made $3 billion in loans to itself in transactions that even today would elude the Dodd-Frank law designed to prevent such financial alchemy. View full post on [...]
When financial adviser Brian Keith Miller filed for bankruptcy in July, his list of liabilities included more than $1.2 million in unsecured debts that he described as ‘personal loans.’ View full post on All Stories
Sergio Marchionne, the Italian auto executive who took over Chrysler as part of its government-backed bankruptcy, deplored the high interest rate the company’s paying. View full post on All Stories
You may have the question around you whether is it possible to acquire an after bankruptcy auto loans. The answer is yes you can get a car loan but it depends on how long it has been since you have filed the bankruptcy. When you think of getting car loan after a bankruptcy then you [...]
Bankruptcy can actually be a very grueling process to go through for most people. It can end up leaving you financially crippled, mentally wiped out and emotionally scarred. Recovering from a bankruptcy is no easy task, but all across the country there are many different people who are facing this problem every single day and [...]
Very few consumers lose their homes because of delinquent credit card debt. In fact, I would say that it almost never happens, except in certain bankruptcy cases in which the consumers voluntarily gives up his or her home. Although forcing the sale of a consumer’s home due to credit card debt is technically possible in [...]
Takefuji rose to become the largest lender in the nation in March 2002, with outstanding loans worth around ¥1.77 trillion. Eight years later it had fallen to fourth and its loan portfolio had sh… View full post on All Stories
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