Medical debt is a unique type of debt in that it can strike almost without warning. One day you are a healthy, active human being with a great credit score and no outstanding debts, and the next you are faced with a...
A telecommunications company based out of Fort Worth, TX, Teletouch Corp., has announced it will be filing for Chapter 11 bankruptcy, according to sources. The corporation – which operates under the trade name Hawk...
Traditionally, the words ‘short sale’ are music to a buyer’s ears; they mean the buyer will be getting a home at a great deal, and usually in a manner that benefits all parties involved, as the lender recoups losses on...
This week in bankruptcy news: Kodak exits bankruptcy protection as a smaller, more financially efficient digital imaging company. Meanwhile, Detroit’s bankruptcy case may soon be more accessible to the public as the...
If you are behind on your mortgage payments or suffering from high mortgage debt, you may have been advised to offer your home for a short sale. Although a short sale has many benefits, it is not always the most advantageous...
