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Bankruptcy
Bankruptcy
Bankruptcy
Bankruptcy
Bankruptcy

The following information is about Bankruptcy.

Bankruptcy Defined

Inability to pay debts. In bankruptcy of a publicly owned entity, the ownership of the firm's assets is transferred from the stockholders to the bondholders.

This definition is in context to Finance. See more contextual defintions for Bankruptcy.


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Tech firm files for bankruptcy

Published August 20, 2008, 11:00 am, The Post and Courier

A cash-starved Midlands technology business enmeshed in a costly legal dispute has filed for bankruptcy protection.

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NovaStar posts profit, but offers "˜no assurance"™ about future

Published August 20, 2008, 10:47 am, The Business Journal of Kansas City

NovaStar Financial Inc. reported a profit in the second quarter and a loss for the first half of 2008, and admitted that its financial situation remains volatile.

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FDIC has mortgage plan for IndyMac borrowers

Published August 20, 2008, 10:42 am, San Francisco Chronicle

Federal regulators have worked out a plan to modify mortgage terms for troubled home borrowers holding loans from IndyMac Federal Bank, which the government seized last month after it became the largest regulated thrift to fail. The Federal Deposit Insurance...

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Scottsdale homebuilder files bankruptcy

Published August 20, 2008, 10:38 am, The Arizona Republic

Charlevoix Homes has collapsed in weak market.

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Bernanke's firefighter role to be debated at forum

Published August 20, 2008, 10:31 am, The York Dispatch

WASHINGTON—Thrust into the role of financial firefighter, Federal Reserve Chairman Ben Bernanke has taken unprecedented steps over the past year to battle the nation's worst credit and financial crises in decades.

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FDIC has mortgage plan for IndyMac borrowers

Published August 20, 2008, 10:19 am, Merced Sun-Star

Federal regulators have worked out a plan to modify mortgage terms for troubled home borrowers holding loans from IndyMac Federal Bank, which the government seized last month after it became the largest regulated thrift to fail.

Full Story


Bernanke's firefighter role to be debated at forum

Published August 20, 2008, 10:12 am, San Francisco Chronicle

Thrust into the role of financial firefighter, Federal Reserve Chairman Ben Bernanke has taken unprecedented steps over the past year to battle the nation's worst credit and financial crises in decades. For many, the verdict is still out on if he opened up...

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Deep Down Increases Revenue by 96%

Published August 20, 2008, 10:10 am, Rigzone

Deep Down, Inc. has announced its unaudited results on August 15, 2008, for the three months and six months ended June 30, 2008, on Form 10-Q filed with the U.S. Securities and Exchange Commission.

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No End in Sight

Published August 20, 2008, 10:09 am, New York Times

Before the economic crisis gets any worse, Congress must take several steps. The country cannot afford any more delay and posturing.

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Duff seeks book deal to stave off bankruptcy

Published August 20, 2008, 10:03 am, Stuff

Alan Duff is in France trying to finalise a new book deal - but the acclaimed author could return home to find himself bankrupted.

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Are you looking for additional Finance > Bankruptcy news? Try our new "Bankruptcy News Focus" area.

Off-site Bankruptcy Links, User Submitted

The following links have been collected through user bookmark submission in the Bankruptcy category. Please note, because these resources are off-site we cannot guarantee the accuracy or quality of any information.

Wed Aug 20

  • American Bankruptcy Institute | bookstore: bk library
  • debt help: Consumer debt is mounting, more and more Americans are slipping deeper into debt, and for many, it can seem like an impossible hole, too deep and slippery to climb out of. The good news is, if you?re in debt, you don?t? have to climb out of that hole on your own. Finding debt relief doesn?t have to be a painful and scary process. Many people can get out of debt with some basic self help methods, simply increasing their awareness and financial education.
  • Fixing Your Credit After Bankruptcy
  • Bankruptcy: The main purpose of bankruptcy is to give honest debtors a fresh start, clearing most debts and discharging debtors from legal obligations and providing the courts with?

Tue Aug 19

If you would like to find additional social bookmark based links on the topic of we recommend the Open Tag Directory > Bankruptcy. If you would like to find related tags we recommend Tag Patterns > Bankruptcy

Off-site Bankruptcy Research Links

If you still need additional information on Bankruptcy then we suggest the following off-site resources. Please note, because these resources are off-site we cannot guarantee the accuracy or quality of any information.

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