Sep 24

This week on The Broke and the Beautiful, the sports world is again overshadowing the rest of the celebrity bankruptcy world. A “Real Housewives” couple are in the spotlight, but the Dallas Stars are elbowing for a close-up, with several bidders possibly lining up to buy the team. Also this week, the Phoenix Coyotes saga lives on, and New York Jets player Mark Brunell is throwing out a new idea for his post-bankruptcy, post-NFL life.

Sports mogul Mark Cuban doesn’t want to buy the NHL’s Dallas Stars, but Texas businessman Doug Miller’s interest is piqued. According to the Dallas Morning News, Miller, who said he’s “been interested for some time,” may want to challenge Tom Gaglardi’s $267 million leading bid for the hockey team. Entrepreneur Chuck Greenberg—part of the group that bought the Texas Rangers out of Chapter 11 last year—also expressed interest in the team. Bankruptcy Beat noted

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Tags: Dallas Stars, Stars

Aug 27

A Whittier nursing facility was fined $75,000 after a state investigation found that a wrongly inserted stomach tube led to a patient’s death in 2008, it was announced today.

The Orchard — Post Acute Care, previously known as Royal Court Health Care, failed to follow policies and procedures related to patient assessment, monitoring and care, according to Dr.

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Tags: Death, Nursing Facility

Aug 26

The Obama Administration recently announced that it wouldn’t allow lenders to foreclose on unemployed homeowners until they miss more than a year of monthly house payments, The Washington Post reports.

While this is temporary good news for homeowners, it’s more of a stopgap measure than a real solution. The Federal Housing Administration previously required banks to allow its borrowers to put off mortgage payments for four months while lenders worked out options to keep people in their homes. The national unemployment rate was 9.1 percent in May, while it sits at 8.7 percent in Illinois.

Chicago Bankruptcy Lawyers have seen many desperate homeowners, especially those who are unemployed and scrambling to keep their houses, seek out home loan scams and other programs in the hopes of keeping their homes. But as people remain unemployed, their credit card debt typically increases, leading to extended debt.

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Tags: Homeowners, Unemployed Homeowners

Aug 04

There are times when a good quick loan is the best, and probably the only solution to a financial problem. Even when you have your personal finance managed properly, you may still come across an unexpected expense that creates a gap in your monthly budget. Thankfully, banks and other financial institutions are now offering several interesting quick loans that you can use to fill the gap very easily.

Payday cash advance is one of the best loans to take out when it comes to filling an urgent financial gap. You can complete the entire application process and get the money you need transferred into your bank account in a matter of hours – the process can sometimes takes even less than an hour – which means you will be able to solve your financial problem almost instantly.

If you have credit cards, you can also make a cash withdrawal to get the money you need. Rem Read full article…

Tags: best loans

Jul 19

Here’s an email I got today from Jennifer.

Jen and Ken filed bankruptcy in February 2010. Because Jen’s bankruptcy does NOT show on her credit report, her credit score is much lower than Ken’s.

( Jennifer and Ken are not their real names.)

If your after bankruptcy credit rpeort isn’t right, we’ll work with you on dispute letters to the credit bureaus. If letters don’t work, we’ll sue.

“Mr. Weed:

“Our discharge was a one year ago in June 2010. When we tried to buy a car back in December 2010, the Chapter 7 discharge was not on my credit report. I pulled my credit a few days ago and the discharge is still not showing, many account are marked as delinquent and my score is terrible. I filed several ‘disputes’ with Equifax but this could take up to 45 days. Why is the discharge not on my credit report? What can I do to fix this?? I am very frustrated that my credit looks terrible. The discharge Read full article…

Tags: Credit Report, Report

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