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13 Apr, 2012
Reaves & Lee

Reddy Ice Enters Bankruptcy

Reddy Ice Holdings Inc. is a big player in the packaged ice manufacturing and distribution business. However, the Dallas-based ice manufacturer and distributor filed for Chapter 11 bankruptcy this week, citing over $500...

12 Apr, 2012
Reaves & Lee

Underwater Mortgage Options

It is estimated that nearly one in four homes is considered underwater or worth less than what is owed on the mortgage loan. As the number of sinking mortgages and foreclosures continue to hover around all time highs, many...

12 Apr, 2012
Reaves & Lee

Debt Collectors Spy On Consumers

Debt collectors use some pretty harsh or tricky techniques sometimes in order to get in touch with a consumer or persuade them to pay. One aspect of debt collections that is becoming an increasing problem is the use of social...

12 Apr, 2012
Reaves & Lee

The Friendly Foreclosure

If you ask anyone what comes to mind when they hear the word “foreclosure”, they would certainly not describe it as “friendly”. A deed in lieu transaction is what is commonly referred to as the...