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| Articles by John M. Crane |
1. Foreclosure rates have declined year-over-year, but are on the rise again
September 18, 2013
Currently the foreclosure starts is at its lowest, there has been a 2% increase between February and March. March onwards there has been a significant increase in 23 states. New York, Maryland and Washington are leading the pack with the most new foreclosure fillings.
First qu...
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2. New York Restaurateur Jason Denton Files For Bankruptcy
September 13, 2013
New York’s Chef and restaurateur Jason Denton, who owns a number of New York City restaurants, has filed for bankruptcy. 43 year old Denton filed for bankruptcy on 27th August, 2013 in Manhattan federal court, citing liabilities totaling $1.37 million.
New York’s Ch...
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3. Kodak Redefined, exits Bankruptcy Chapter 11
September 05, 2013
Kodak’s restructuring has helped them to escape from bankruptcy Chapter 11. They are now a commercial imaging company serving business markets like packaging and graphics.
Kodak has taken a U-turn from the road to bankruptcy. Kodak’s restructuring has helped them to escape fro...
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4. Powerwave Technologies, Inc. filing for Chapter 11 bankruptcy
August 21, 2013
Powerwave Technologies, Inc. (NASDAQ:PWAV) was among the top three losers on Wall Street after applying for bankruptcy protection. Wireless equipment maker Powerwave Technologies (PWAV), is known for an array of devices including so-called “pico cells” for long-term evolution, or LTE, cellular cov...
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5. Property Values Getting Affected Due To High Foreclosures Rates
August 06, 2013
In the country, Nevada has the highest foreclosure rate and its metro area is in the top five worse in the nation. This crisis is affecting the construction of new homes which in turn affecting the property values. Due to the crisis home owners are unable to pay their mortgage, so they are losing ...
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6. Will I be able to get out of repaying my student loans?
June 26, 2013
With two exceptions, student loans are not dischargeable in a bankruptcy proceeding. However, the student loan may be discharged if it is neither insured or guaranteed by a governmental unit, nor made under any program funded in whole or in part by a governmental unit or non-profit institution. F...
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7. A fresh new start - Bankruptcy in New York
March 12, 2013
Most people experience a great sense of guilt and fear about their need to file bankruptcy. They blame themselves. The reality is that if you’re experiencing financial problems, the cause goes way beyond you and your actions. You have a right to a fresh start in life. There is no shame if you ...
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8. Five Reasons For Filing Bankruptcy Cases
January 16, 2013
Declaring bankruptcy is an extreme measure. This usually happens when things are out of control and your debts are much more than your income. In these cases, declaring bankruptcy is the viable option that government has offered to regain control over huge amount of debts and liabilities. There ...
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9. Things you must do before filing a bankruptcy in New York City
November 15, 2012
Things you must do before filing a bankruptcy in New York City After considering all the options if you have concluded filing bankruptcy as a solution to your financial situation, here are things you must consider before filing a bankruptcy in New York City. Things to do before...
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10. Chapter 13 Bankruptcy Filing Process
August 16, 2012
1 Court of Filing
A chapter 13 case begins by filing a petition with the bankruptcy court serving the area where the debtor has a domicile or residence.
2 What is needed to be filed?
Unless the court orders otherwise, the debtor must also file with the court: (1) schedules...
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Author: John M. Crane
