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Tag Archives: Bankruptcy

Bankruptcy judgment entered after ‘astonishing’ discovery violations

A couple accused of running mortgage fraud schemes committed such “astonishing” discovery violations that the sanction imposed by a federal judge last week was a final judgment in the case. Vincent L. Abell, his wife, Marta Bertola, and their company, ...

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MVLS program aims to help low-income debtors avoid filing for bankruptcy

For individuals who are living on a fixed income, are unable to pay off their consumer debt or are fending off frequent calls from creditors or debt collection agencies, filing for bankruptcy often seems like the only option. Many of ...

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Squabble over Caesars bankruptcy day not priority for judge

Caesars Entertainment Operating Co. opened a multiday trial to determine the exact date it went bankrupt, a question that could threaten a $468 million claim senior lenders have made on the casino company’s cash and affect talks with lower-ranking creditors. ...

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50 Cent’s bankruptcy papers show 7 cars, businesses in red

HARTFORD, Conn. — Rapper 50 Cent owns seven cars valued at more than $500,000 and pays $72,000 a month to maintain his Connecticut mansion, according to bankruptcy court filings. His businesses, however, posted losses of more than $10 million last ...

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Alpha Natural files for bankruptcy protection

Alpha Natural Resources is filing for Chapter 11 bankruptcy protection, the fourth big coal producer to do so within the last two years. The company operates about 60 coal mines throughout Virginia, West Virginia, Pennsylvania, Kentucky, and Wyoming. Coal prices ...

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