Despite their differences, both President Barack Obama and his opponent, Mitt Romney, enjoy wearing Hart Shaffner Marx suits, a brand owned by suit company HMX Group. Unfortunately, HMX Group has found itself in financial trouble, having to file for Chapter 11...
Some lenders today will require that you at least try for a short sale before they will consider a Deed In Lieu Of Foreclosure. Some people are in favor of doing a short sale because - It's not a foreclosure. It saves your credit rating. You don't owe the bank...
Three organizations have issued a warning to Long Island homeowners regarding con artists who falsely promise to stop home foreclosure. According to the U.S. Department of Housing and Urban Development, the New York state attorney general's office and Long Island...
When a large corporation struggles through bankruptcy, it can often affect many areas of the business, including customer service and productivity. A Chapter 11 bankruptcy filing is often one of the more complicated forms of bankruptcy, because it involves the...
The effects of the 2008 financial collapse are still being felt four years later as many homeowners struggle to stop home foreclosure. As many people know, New York, and especially Long Island, has been hit hard by the foreclosure crisis. Although the number rate may...
A business bankruptcy, whether it's a reorganization that keeps the firm in business or a business's liquidation, often involves the sale of assets belonging to that company. The bankruptcy of James Cameron's Digital Domain Productions included the sale of assets...
