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eLinear Announces Its Intention to Liquidate Under The U.S. Bankruptcy Code
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eLinear, Inc. (AMEX:ELU) ("Company") today announced that on September 15, 2006, it filed a voluntary petition in the United States Bankruptcy Court for the Southern District of Texas, Houston Division, seeking relief under Chapter 7 of the United States Code.
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Fitch Affirms Eli Lilly & Co.'s Ratings
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Fitch Ratings has affirmed Eli Lilly and Co.'s (Lilly) Issuer Default Rating (IDR), bank loan, and senior unsecured debt ratings of 'AA' and commercial paper rating of 'F1+'. The Outlook remains Stable. The ratings apply to approximately $6.32 billion of outstanding debt.
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Advanced Communications and Pacific Magtron International Announce Completion of Merger
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Advanced Communications Technologies, Inc. (OTC Bulletin Board: ADVC), and its majority owned subsidiary Pacific Magtron International Corp. (OTC Bulletin Board: PMICQ), jointly announced today the completion of the merger of Herborium, Inc. with and into LiveWarehouse, Inc., Pacific Magtron International's wholly-owned subsidiary.
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Are You Caught in the Credit Card Trap
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How To Recognize A Serious Debt Problem
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5 Surefire Ways to Get Out of Debt - And Stay That Way
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Credit Card Debt – Elimination or Consolidation?
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ELMER BANCORP, INC. Declares Semi-Annual Dividend
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ELMER BANCORP, INC. parent holding company of The First National Bank of Elmer, Elmer, New Jersey, today announced that the Board of Directors had declared a semi-annual cash dividend in the amount of $.50 per share. The dividend is payable on November 1, 2006 to stockholders of record of the Company on October 13, 2006.
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BankAtlantic Bancorp Declares Quarterly Cash Dividend
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The Board of Directors of BankAtlantic Bancorp (NYSE:BBX) has declared a cash dividend of $0.041 per share on its Class A Common Stock. The Board set the payment date for October 18, 2006, to all shareholders of record at the close of trading on October 3, 2006.
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Matt Slaughter Joins Bank of Ridgeway
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Community Bankshares, Inc. (AMEX:SCB) and the Bank of Ridgeway announced that Matt Slaughter has joined the Bank of Ridgeway as Vice President. Currently located in the Blythewood Office, he will be in charge of opening the Bank of Ridgeway's new office on the Clemson Road extension in 2007 and serving the bank's Northeast Richland County market.
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Matt Slaughter Joins Bank of Ridgeway
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Community Bankshares, Inc. (AMEX:SCB) and the Bank of Ridgeway announced that Matt Slaughter has joined the Bank of Ridgeway as Vice President. Currently located in the Blythewood Office, he will be in charge of opening the Bank of Ridgeway's new office on the Clemson Road extension in 2007 and serving the bank's Northeast Richland County market
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Bankruptcy - Chapter 13
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Chapter 13 bankruptcy is provided for wage earners who have steady income and are able to pay the creditors a portion or all of what they owe over a three to five year period. Attending a credit counseling course is mandatory before a filing of bankruptcy can be done. Each monthly payment is usually paid to the trustee to be forwarded on to the creditors. These payments must be paid and be paid on time. State laws govern bankruptcy, even though bankruptcy law is a federal law. Each state has different rules and guidelines. Consider options before filing bankruptcy such as out of court settlements and debt consolidation.
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The Ins And Outs Of Bankruptcy
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When debt takes everything you've got, sometimes the only option left is bankruptcy. It happens to many different people for many reasons and is a legitimate way to get out of financial trouble if you're doing it for the right reasons. Bankruptcy is a process that can help people or businesses repay their debts under the protection of bankruptcy court or wipe out their debts completely. As soon as you file either type of bankruptcy, your creditors are no longer allowed to take action to collect debt from you without court approval.
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What Does Bankruptcy Cost You?
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Bankruptcy may seem like the only way out of some situations, but you should consider what it will cost you. Sometimes, these costs will lead you to look for another solution.
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Learn How to Avoid Bankruptcy and Become Debt Free!
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Many events may drive you to bankruptcy. Actually, except in certain situations, bankruptcy is nothing but the result of a buildup of unfortunate financial decision and unexpected events. Nevertheless, there are ways to prevent it and to keep debt at a reasonable level in order to maintain a healthy financial situation.
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Is a Zero Percent Credit Card a Bankruptcy Alternative, or a Trap that will Lead to Bankruptcy?
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Zero interest credit cards sound like a great bankruptcy alternative because you can use the low interest cards to pay off your high interest cards, but beware: if you keep using your old cards you could end up with too much debt, and that can lead to bankruptcy.
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What Does It Cost To Go Bankrupt In Canada?
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There are many hidden costs to filing bankruptcy in Canada. By understanding these costs, and knowing what questions to ask your trustee, you will be able to decide if personal bankruptcy is the correct option for you, and to complete the bankruptcy process as quickly as possible.
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If I Go Bankrupt, Will My Bankruptcy Prevent Me From Ever Being Able To Borrowing Again?
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Filing bankruptcy in Ontario, Canada will make it harder to borrow in the future, but if you are able to use bankruptcy as a way to get back on track financially, and if you can save money once the bankruptcy is over, it is possible to go bankrupt and borrow again.
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Bankruptcy Instead of Debtor's Prison
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Bankruptcy law provides for those who are unable to pay their debt. It organizes their debt and sets up a plan of payment. The first bankruptcy law was passed in 1800. Since that time this law has been repealed many times and new laws enacted. Economic and social changes have required bankruptcy law to be changed several times throughout the years. Newest law enacted in 2005 has received criticism and claims to have caused a lot of hassle for those wanting to file for bankruptcy.
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Chapter 7 and Chapter 13 Bankruptcy - Choose The Wrong Option and You Could Lose Everything
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It is commonly believed that Chapter 7 bankruptcy is the quickest, cheapest way to discharge your debts, as compared to a Chapter 13 bankruptcy where you are required to make payments over a five year period. In this article we show that for many people a Chapter 13 Wage Earner Plan is in fact the better option.
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Find Out What The Alternatives To Filing Bankruptcy Are
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Before taking such a drastic step as bankruptcy, find out what your options are, and explore them thoroughly to avoid making a costly and long-term mistake.
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After a Bankruptcy
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It is very important that after a bankruptcy is discharged that the correct information is recorded on the credit bureaus!
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Bankruptcy - What Types Are There?
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When considering filing for bankruptcy, you need to research the different categories. There are 4 types of bankruptcy: Chapters 7,11,12 and 13 - each of which has a specific purpose.
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How To Avoid Bankruptcy
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While bankruptcy is the best option for some, it is a good idea to do everything you can to avoid it. There are serious ramifications for claiming bankruptcy. You do have several options to work with creditors to help reduce your payments.
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Is Do it Yourself Debt Settlement a Good Bankruptcy Alternative?
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If you have too much debt, you can file bankruptcy through a bankruptcy attorney, or as a bankruptcy alternative pay a credit counselor to help settle your debts. It is possible to settle your debts on your own. You save money, stay in control of the process, and if you are successful you can avoid personal bankruptcy.
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Personal Bankruptcy
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Today, America's middle class seems to be more in debt than ever before. This could be because of the difficult job scenario, ever-increasing medical costs, or even the growing divorces that result in high alimony or child support. Increasingly, many are finding it difficult to repay their loans. Personal bankruptcy laws are legal provisions that help individuals pay off their debts, allowing individuals who show honesty to have a fresh start.
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Chapter 10 Bankrupt
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What causes a person or individual to go bankrupt? There is one very possible reason that is usually the common explanation for bankruptcy: the person is unable to pay his debts. However, the very reason as to why he is unable to pay would be another story.
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Chapter 7 Bankrupt
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When people refer to bankruptcy, the most common connotation is that any debts that have been incurred would be abandoned and cancelled. This situation is actually true if a person files for Chapter 7 bankruptcy.
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Chapter 13 Bankrupt
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You have probably noticed some announcements informing the public that company or organization is already bankrupt. The daily news could also contain news that a company or even a person is filing for bankruptcy. Informing the public of someone's bankruptcy is more of a legal obligation than a ploy to humiliate the company or person further.
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Personal Bankruptcy Advice
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The America of today means easy credit-and tough repayments. When you can't pay your debts, filing for bankruptcy is one option.
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