Thursday, 30 April 2015

S&P ratings agency says bankruptcy unlikely in near term for Atlantic City - Fox Business


S&P ratings agency says bankruptcy unlikely in near term for Atlantic City
Fox Business
ATLANTIC CITY, N.J. – Wall Street ratings agency Standard & Poors says a bankruptcy filing for Atlantic City is unlikely in the near term. The agency says an initial plan by state appointed emergency manager Kevin Lavin provides sufficient ...

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Refinancing Made Up 63% of New Mortgages in 1st Quarter, Averaging 1.2 ... - eCreditDaily.com

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eCreditDaily.com

Refinancing Made Up 63% of New Mortgages in 1st Quarter, Averaging 1.2 ...
eCreditDaily.com
During the first three months of the year, borrowers took advantage of lower-than-expected mortgage rates to reduce their monthly payment and shorten their loan term. Refinance activity accounted for 63 percent of all new home loans in the first ...
Low Mortgage Rates Boost Refinance Activity in the First QuarteriStockAnalyst (press release)
Freddie Mac: Low Mortgage Rates Boost Refinance Activity in the First QuarterLoanSafe (registration) (blog)
It's official: The first quarter saw a refinance mini-boomHousingWire
Community Voice
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Chapter 13 bankruptcy law protects rights and assets - Richmond.com


Richmond.com

Chapter 13 bankruptcy law protects rights and assets
Richmond.com
Chapter 13 bankruptcy is often best for people who do have assets to protect – home, vehicle, retirement plan and so on. Working with the experienced attorneys at Boleman Law, clients create an affordable monthly repayment plan – for up to 60 months ...



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Michigan's actions fuel distrust - Toledo Blade


Toledo Blade

Michigan's actions fuel distrust
Toledo Blade
For years, Michigan has required insurers to pay into a fund that provides unlimited coverage for people who are terribly hurt in catastrophic car accidents. This has worked amazingly well. Michigan's Catastrophic Claims ... In what has become their ...
Lawmakers Consider No Fault Insurance ChangesWLNS

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Former Qwest CEO Nacchio Wins $18 Million Tax Refund Ruling In Court - CBS Local

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CBS Local

Former Qwest CEO Nacchio Wins $18 Million Tax Refund Ruling In Court
CBS Local
Nacchio won the money that he paid in taxes on for his stock profits from Qwest stock sales. The money he made from those sales was forfeited in the sentence from his conviction for insider trading. Nacchio and his attorney claimed he should get a tax ...



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5 Smart Ways to Spend Your Tax Refund - Huffington Post

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Huffington Post

5 Smart Ways to Spend Your Tax Refund
Huffington Post
One great way to put that tax refund to work is to use it to start paying down your debts as soon as possible. A popular method you can use is the "snowball method," which involves ranking your debts by balance from smallest to largest and throwing ...



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IRS warns of new tax return scam seen in W. Mich. - WWMT-TV

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IRS warns of new tax return scam seen in W. Mich.
WWMT-TV
(NEWSCHANNEL 3) - As tax refunds start to roll in, the IRS is issuing a warning, about a new scam that is reportedly in West Michigan. The IRS says these types of scams are becoming more common, and now the government warns if you receive a phone ...

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Low Mortgage Rates Boost Refinance Activity in the First Quarter - iStockAnalyst (press release)

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The Herald

Low Mortgage Rates Boost Refinance Activity in the First Quarter
iStockAnalyst (press release)
MCLEAN, VA--(Marketwired - Apr 30, 2015) - Freddie Mac ( OTCQB : FMCC ) today released the results of its quarterly refinance analysis for the first quarter of this year, showing that borrowers took advantage of better than expected mortgage rates to ...
Freddie Mac: Low Mortgage Rates Boost Refinance Activity in the First QuarterLoanSafe (registration) (blog)
Mortgage rates pushed up by mixed economic reportsWashington Post (blog)
Average US rate on 30-year mortgage rises to 3.68 percentThe Herald

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S&P: Atlantic City bankruptcy unlikely in near term - Asbury Park Press


Asbury Park Press

S&P: Atlantic City bankruptcy unlikely in near term
Asbury Park Press
ATLANTIC CITY – Wall Street ratings agency Standard & Poors says a bankruptcy filing for Atlantic City is unlikely in the near term. The agency says an initial plan by state-appointed emergency manager Kevin Lavin provides sufficient recommendations to ...

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S&P: Atlantic City bankruptcy unlikely in near term - Washington Times


Press of Atlantic City

S&P: Atlantic City bankruptcy unlikely in near term
Washington Times
ATLANTIC CITY, N.J. (AP) - Wall Street ratings agency Standard & Poors says a bankruptcy filing for Atlantic City is unlikely in the near term. The agency says an initial plan by state-appointed emergency manager Kevin Lavin provides sufficient ...
S&P says AC bankruptcy "unlikely" in short-termPress of Atlantic City

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Charges dismissed against sister accused of stealing tax refund - Scottsbluff Star Herald

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Charges dismissed against sister accused of stealing tax refund
Scottsbluff Star Herald
Cassandra Baker, the sister of Amanda Baker, had been accused of spending Amanda Baker's tax refunds. Amanda Baker, a former Scotts Bluff County Corrections officer, died two days after being attacked by a juvenile inmate in February 2014. According to ...

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Tips on how to deal with your debt - Wink News

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Wink News

Tips on how to deal with your debt
Wink News
Companies promising to help consumers avoid bankruptcy by consolidating debt may look tempting but U.S. Postal Inspectors warn, many websites and companies are not only expensive, but may be trying to rip you off. Things like added service fees, lack ...



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S&P: Atlantic City bankruptcy unlikely in near term - Belleville News Democrat


Press of Atlantic City

S&P: Atlantic City bankruptcy unlikely in near term
Belleville News Democrat
Wall Street ratings agency Standard & Poors says a bankruptcy filing for Atlantic City is unlikely in the near term. The agency says an initial plan by state appointed emergency manager Kevin Lavin provides sufficient recommendations to keep the city ...
S&P says AC bankruptcy "unlikely" in short-termPress of Atlantic City

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Fewer New Mexicans filling Chapter 13 bankruptcies - Albuquerque Journal


Fewer New Mexicans filling Chapter 13 bankruptcies
Albuquerque Journal
A dwindling number of financially insolvent consumers in New Mexico are making an attempt to pay back their debt through a Chapter 13 petition in Bankruptcy Court, according to the Administrative Office of U.S. Courts. One of four basic “chapters” or ...
Know the law: When your tenant files for bankruptcySan Diego Source (subscription)

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Cleveland now owes tax refunds to other visiting pro athletes, players ... - cleveland.com

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cleveland.com

Cleveland now owes tax refunds to other visiting pro athletes, players ...
cleveland.com
Thursday's Ohio Supreme Court ruling overturning Cleveland's "jock tax" formula means every professional athlete who has played in the city since 2012 can now seek an income-tax refund, according to the tax lawyer for players' unions in all four major ...
Former Chicago Bear wins suit over Cleveland's 'jock tax'Chicago Tribune
Ohio's high court backs NFL players' challenge of Cleveland's “jock taxAkron Beacon Journal
Cleveland 'jock tax' ruled unconstitutional by Ohio Supreme Courtnewsnet5.com
Crain's Cleveland Business -Wooster Daily Record -Columbus Dispatch
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These Guys Ticked Off The Wrong Bankruptcy Judge - Above the Law


Above the Law

These Guys Ticked Off The Wrong Bankruptcy Judge
Above the Law
There are some lawyers out there with a real snooty attitude when it comes to federal bankruptcy judges. It's like they don't consider bankruptcy judges as “real” judges because they aren't blessed under the auspices of Article III. As though lifetime ...
Attorneys in Kinloch, Northeast fire protection controversies are threatened ...St. Louis Business Journal

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LSU teeters on edge of bankruptcy - Deseret News


Deseret News

LSU teeters on edge of bankruptcy
Deseret News
With a budget crisis roiling the state capitol in Baton Rouge, Louisiana, LSU, the state's flagship college, is preparing to file the academic equivalent of bankruptcy, Bloomberg reports. If the drastic measure becomes necessary, it would allow the ...
Low Popahirum, April 30, 2015The Hayride

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Financial giant JP Morgan Chase sues Hillsborough County over property tax ... - SaintPetersBlog (blog)

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SaintPetersBlog (blog)

Financial giant JP Morgan Chase sues Hillsborough County over property tax ...
SaintPetersBlog (blog)
JP Morgan Chase is suing Hillsborough County Property Appraiser and Tax Collector for a tax refund based on its assertion that the corporate giant was over-assessed on its 2014 tax bill. The company paid just over $500,000 in property taxes in 2014.



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Fiat Chrysler shares extend losses after CEO's consolidation plea - euronews

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Sacramento Bee

Fiat Chrysler shares extend losses after CEO's consolidation plea
euronews
Traders said Marchionne's comments put some of FCA's own difficulties in the spotlight, notably its debt pile — among the industry's biggest —, weak margins in its profit engine North America and a flagging Latin American business due to a weak ...
Marchionne Talk of Industry Mergers Called Sign of 'Panic'Bloomberg
Fiat Chrysler Swings to Small ProfitWall Street Journal
Marchionne pitches for automobile mergersFinancial Times

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Federal judge reopens bankruptcy case of TH Properties - Allentown Morning Call


Philadelphia Business Journal

Federal judge reopens bankruptcy case of TH Properties
Allentown Morning Call
A federal judge has reopened TH Properties' bankruptcy case after one of its creditors raised questions about the sale of a property owned by the company's founders. The Montgomery Countybased developer objected to the reopening, but admitted in court ...
Lower Salford-based TH Properties' bankruptcy case reopenedThe Times Herald
Montco real estate developer's bankruptcy case reopenedPhiladelphia Business Journal

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Kingfisher couple say they can't access state tax return money - KOCO Oklahoma City

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KOCO Oklahoma City

Kingfisher couple say they can't access state tax return money
KOCO Oklahoma City
HE AND HIS WIFE DOROTHY TRIED TO FIX A PROBLEM WITH THEIR STATE TAX REFUND. I EXPECTED A CHECK. THEY TOOK THE DEBIT CARDS TO THE MAIL. THEY DID, BUT IT WONT TAKE MINE. THEY CALLED THE NUMBER TO CHECK.

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Duggan lays out cheap insurance plan for Detroiters - Detroit Free Press


Detroit Free Press

Duggan lays out cheap insurance plan for Detroiters
Detroit Free Press
Detroit residents pay the nation's highest insurance premiums, averaging $5,000 a year, about $1,100 more than the city with the second-highest rates, Brooklyn, N.Y., according to nationwide survey by the consumer website CarInsurance.com. DelShawn ...
Mayor's Plan To Lower Car Insurance Cost Could Save Detroit Residents $1000 ...CBS Local
Duggan touts medical cap key to cut car insurance ratesThe Detroit News
Detroit Mayor Mike Duggan presenting details on plan to lower auto insurance ...WXYZ

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Low Mortgage Rates Boost Refinance Activity in the First Quarter - CNNMoney

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Low Mortgage Rates Boost Refinance Activity in the First Quarter
CNNMoney
Freddie Mac (OTCQB: FMCC) today released the results of its quarterly refinance analysis for the first quarter of this year, showing that borrowers took advantage of better than expected mortgage rates to lower their monthly mortgage payment and ...
Scott SheldonCommunity Voice

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Fiat Chrysler shares extend losses after CEO's consolidation call - KDAL

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Channel News Asia

Fiat Chrysler shares extend losses after CEO's consolidation call
KDAL
Traders said Marchionne's comments put some of FCA's own difficulties in the spotlight, notably its debt pile, among the industry's biggest, weak margins in its profit engine North America and a flagging Latin American business. The difficulties are ...
Marchionne Talk of Industry Mergers Called Sign of 'Panic'Bloomberg
Fiat Chrysler Swings to Small ProfitWall Street Journal
Marchionne pitches for automobile mergersFinancial Times

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Bankruptcy: After A Year In Chapter 11, Energy Future Holdings Still Divided ... - Forbes


Bankruptcy: After A Year In Chapter 11, Energy Future Holdings Still Divided ...
Forbes
Responses from both official and unofficial creditor groups filed this week with the bankruptcy court in Wilmington, Del., to the company's filing of a reorganization plan on April 14, as well as to the company's related efforts to set a timetable for ...

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How Close Is J.C. Penney to Bankruptcy? - Investopedia


How Close Is J.C. Penney to Bankruptcy?
Investopedia
While any immediate threat of bankruptcy has subsided, with the company having around $2 billion worth of liquidity available in the form of cash and credit lines, the current state of the business is unsustainable. How much time does J.C. Penney have ...

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Federal judge reopens bankruptcy case of Lower Salford's TH Properties - The Intelligencer


Federal judge reopens bankruptcy case of Lower Salford's TH Properties
The Intelligencer
The Montgomery County-based developer objected to the reopening, but admitted in court documents that what was known as the Wynstone project in New Hanover was sold to another developer in 2011 while the company was still in bankruptcy. The sale ...

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Rosbank joins state car-loan subsidy program - CISTran Finance

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Rosbank joins state car-loan subsidy program
CISTran Finance
“We have traditionally participated in car-loan-subsidizing state programs since 2009 and welcome the fact that car lending has received state support again,” Andrey Sokolskiy, head of retail sales for Rosbank, said. “According to our experience, every ...



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West Hartford tax preparer admits to filing fraudulent returns - West Hartford News

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FOX CT

West Hartford tax preparer admits to filing fraudulent returns
West Hartford News
According to court documents and statements made in court, Le prepared federal income tax returns for individuals in his community, many of whom were family or friends. When undertaking the tax return preparation, Le would typically ask his clients to ...
West Hartford tax preparer pleads guilty to filing false returns and keeping ...FOX CT
West Hartford Man Pleads Guilty To Filing False Tax ReturnsHartford Courant

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Oil crash forces Endeavour to seek sale, abandon bankruptcy plan - Reuters


Oil crash forces Endeavour to seek sale, abandon bankruptcy plan
Reuters
That plan was negotiated in the months leading up to the bankruptcy filing, when oil prices were 50 percent above current levels. Endeavour said if energy prices did not rebound and the company emerged from bankruptcy, a unit of the company would be in ...

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