Bankruptcy News

Chris Clark, 30 August 2022 The real estate market just can’t catch a break, with inventory of resale homes remaining low and rising interest rates making it harder for buyers to justify making the leap. And now we can add…

Erik Sherman, August 22, 2022 According to Trepp, CMBS delinquencies, which had been on a decline until a June uptick, are back on their way down again. “After a rare uptick in June 2022, the Trepp CMBS Delinquency Rate resumed…

PYMNTS, August 5, 2022 Inflation runs rampant, at levels not seen in decades. Earnings reports continue to roll in, complete with cautious management commentary: Though consumers are still spending, taking reserves against anticipated loan losses seems the prudent thing to…

Source: site ENGLEWOOD, Colo. — U.S. inflation has reached a new 40-year high, putting even more pressure on households trying to afford the cost of essentials. People are scrimping on a lot to make ends meet, and now more Coloradans are…

Source: site A Miami payday loan business must pay more than $39 million to hundreds of Venezuelan Americans in South Florida who lost a chunk of their money after investing in the company, according to a federal judge’s order. Sky Group…

Source: site As the Federal Reserve boosts interest rates to beat inflation, all sorts of debt becomes more expensive. Much of the everyday focus may be on credit cards and mortgages. But amid the headlines noting that homebuyers are being priced…

Source: site A homestead exemption is a law that protects a certain amount of equity in an individual’s primary residence from the claims of his or her creditors or, in some states like Florida, the amount of the exemption is unlimited…

Source: site   Revlon, the 90-year-old multinational beauty company, has filed for Chapter 11 bankruptcy, weighed down by a heavy debt load, disruptions to its supply chain network and surging costs NEW YORK — Revlon, the 90-year-old multinational beauty company, has…

Source: site Cosmetics giant Revlon Inc. is preparing to file for Chapter 11 bankruptcy as soon as next week as it battles supply chain problems and a heavy debt load, according to people with knowledge of the matter. Talks around the…