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| Articles by Kevin Judd |
1. Maryland Foreclosures Increase 18.7 Percent in 2011
January 31, 2013
According to the Baltimore Business Journal, more than 17,126 Maryland housing units had foreclosure filings during 2012, an 18.7 percent increase from 2011.
December was the highest monthly foreclosure period in 2012, as 2,269 hou...
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2. Maryland College Closes, Leaves Students With Loans in Cold
January 25, 2013
The American Career Institute (ACI) shut down eight education facilities in Maryland and Massachusetts, saying that they were struggling financially. ...
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3. More Than Three Million "Hopelessly Unemployed", Have Not Looked For Work in Over a Year
January 17, 2013
CNN reported this month that 3.25 million people are hopelessly unemployed and have not looked for work over the last year because the current economi...
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4. Popular Video Game Maker THQ Files for Bankruptcy
January 11, 2013
Last month, THQ, a popular video game maker, filed for Chapter 11 bankruptcy.
The Associated Press reports that the bankruptcy filing includes subsidiaries THQ Digital Studios Phoenix, THQ Wireless, Volition and Vigil Games, but does not...
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5. Actor Gary Busey Emerges From Bankruptcy
December 20, 2012
Lethal Weapon actor Gary Busey emerged from bankruptcy earlier this month, discharging more than $50,000 worth of debts.
According to TMZ, Busey’s bankruptcy will allow him to retain $26,000 in assets and discharge $57,000 in debt. However, Busey still owes more than $450,000 in debt to the ...
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6. Former Major League Baseball Player Lenny Dykstra Sentenced to Prison for Bankruptcy Fraud
December 14, 2012
Former Major League Baseball All-Star Lenny Dykstra was sentenced earlier this month to six and a half months in prison after he was convicted of
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7. Government Opposes Sale of A123 in Bankruptcy
December 07, 2012
Battery manufacturer A123 Systems Inc is facing pushback in its bankruptcy case because of a $249 million grant it received from the US Department of Energy. The company filed for Chapter 11 bankruptcy last month, hoping to restructure. ...
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8. Kodak Preparing to Exit Bankruptcy
December 03, 2012
Eastman Kodak Company is attempting to finance a deal with bondholders that could take the company out of bankruptcy, according to Reuters.
The news service reports that Kodak has been attempting to finance loans from Centerbridge Partne...
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9. ‘Rich Dad, Poor Dad' Author's Company Files for Bankruptcy
November 15, 2012
The author of “Rich Dad, Poor Dad”, Robert Kiyosaki, filed bankruptcy for one of his companies, Rich Global LLC, in August.
In the 1990’s, Kiyosaki published the book, which focused on personal finance tips and real estate investing. Rich Global LLC listed $26 million in debts and $1.8 milli...
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10. Toni Braxton Accused of Bankruptcy Fraud by Trustee
November 09, 2012
Pop star Toni Braxton is being accused of fraudulently transferring $53,490 to her estranged husband to avoid paying back creditors in her ...
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Author: Kevin Judd
