… The move was anticipated as the Tribune Co. looks to complete an $845 million sale of the team, Wrigley Field and related properties to the family of billionaire Joe Ricketts… The team’s brief stay in Chapter 11 is expected to protect the team’s new owners from potential claims from Tribune creditors.”

According to some analysts, the sale of the Chicago Cubs using bankruptcy is designed to protect the sports team from the Tribune’s creditors and save nearly $300 million in …

Tags: Chapter 11 Title 11 United States Code Chicago Cubs Tribune Co Wrigley Field

… that instead of playing by the rules, they will simple switch over to a less restricted playing field.  The payday loan industry has made an art of simply changing their business model when they don’t like the rules put into place by state legislators.

We have said it before, but it is worth mentioning again.  Taking out a payday loan is always a mistake. These loans on average have an interest rate of 400 percent and that’s not counting how out of control a loan can become if you …

… status or condition at the time of enrollment that would legally bar employment in their field of study.

The student loan debtor is the victim of identity theft.

A student loan debtor may also receive a discharge of their student loan if they were unable to complete their program of study because the school closed.  Once a debtor receives a discharge through the Department of Education, they will no longer owe the student loan and and any payments made in the past will be …

… to credit card companies.  At least with a credit card fee cap, we can leverage the playing field.

… they will be able to continue their collections efforts against the debtor as if he/she never field bankruptcy. However, it’s important to understand that just because a creditor seeks relief from the automatic stay does not mean the bankruptcy judge will grant that relief.  They must prove that relief from the automatic stay is warranted. If a creditor is seeking relief from the automatic stay during your bankruptcy case work with your bankruptcy attorney to challenge the creditor’s …

… and through bankruptcy reform

Bankruptcy reform is the most powerful tool to level the playing field for homeowners facing foreclosure.  Right now, mortgage servicers and mortgage lenders have the upper hand when it comes to foreclosure; but if we allowed bankruptcy courts to modify toxic mortgages in bankruptcy it would offer a comparable incentive to mortgage servicers and lenders to play fair. By allowing bankruptcy courts to modify toxic mortgages, millions of Americans facing …

… demise of Wells Fargo.”

Amick is not alone, many debtors are feeling that the current playing field gives big banks, creditors and incompetent executives unfair advantages while bilking ordinary taxpayers and leaving homeowners facing foreclosure with little or no help. Another debtor/laid off employee even posted a YouTube video appealing to debtors everywhere to join her in fighting creditors by defaulting on their loans.

Well, there may be a better way. If a debtor is truly …

… limited situations. Restricting the use of credit reports in employment will help even the playing field between those who are currently positioned well financially and those who have unfortunately succumb to financial crisis such as foreclosure or bankruptcy.  Besides, in most jobs, a person’s credit history is irrelevant to their ability to perform their job duties.

If you are facing an employer credit check and have less than stellar credit history, you may want to discuss this with …

… Brooks and Eckerd drugstore chains in the same year.”

Even other companies in the financial field such as Bank of America find themselves struggling after acquiring bankrupt companies that they mistakenly believed would become immediate “cash cows.” The major problem facing American businesses is their overleveraged position, weak sales and the lack of credit available for expansion or investments. Many are married to expensive labor contracts and vendor agreements that are proving …

… handles debt management cases like bankruptcy.  There is no substitution for experience in the field you need it.  Simply put, you don’t go to the butcher to buy a birthday cake, even though he might work in the same grocery store as a baker.

Bankruptcies are handled in every state.  Each state has its own set of rules and regulations which guide local practices.  They also each have their own set of rules for attorney licensing and areas of legal specialization.  The effect is …

… in the Nevada desert, cars have been dumped in a Miami canal and a BMW was discovered buried in a field in Texas. Some vehicles have been parked in the path of a hurricane.

Many car owners who are completely overwhelmed with pending foreclosures, delinquent credit cards and possible repossession, falsely believe that by secretly destroying their car and reporting it stolen is an easy way out of repossession and other financial troubles.  That couldn’t be further from the truth.  If a …

… property to foreclosure.  It’s troubling because bankruptcy is designed to level the playing field for homeowners facing foreclosure.  Bankruptcy can stop foreclosure and help the borrower save their home. Don’t allow your bankruptcy options to sit idle if you’re facing foreclosure.  Please call a Dallas-Fort Worth bankruptcy attorney today so that you can save your home and avoid foreclosure.