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Financially Distressed Companies

A collection of news and information related to Financially Distressed Companies published by this site and its partners.

Top Financially Distressed Companies Articles

Displaying items 89-99
  • FHA eases rules for some borrowers after bankruptcy, foreclosure

    FHA eases rules for some borrowers after bankruptcy, foreclosure
    The Federal Housing Administration wants to make it easier for people who have defaulted on their mortgages to get a new home loan with FHA backing. But there's a catch. To qualify for the break, borrowers must show that their foreclosure or...
  • Does paying off a no-interest loan early help credit scores?

    Does paying off a no-interest loan early help credit scores?
    Dear Liz: Two years ago, my husband was denied a revolving $12,000 line of credit. The credit reporting agency indicated that denial was based on "little revolving usage, insufficient or no bank lines, and insufficient open accounts with zero balances."...
  • Consumer bureau suit says debt-relief firm charged improper fees

    Consumer bureau suit says debt-relief firm charged improper fees
    WASHINGTON -- The federal government's consumer financial watchdog on Tuesday sued Morgan Drexen Inc., of Costa Mesa, alleging it charged more than 22,000 customers millions of dollars in illegal upfront fees to help them resolve outstanding debts....
  • Edison International aims to power through troubles

    Edison International aims to power through troubles
    Edison International, the parent company of Southern California Edison, has had its hands full with the bankruptcy of a subsidiary and the shutdown of the San Onofre Nuclear Generating Station. Now, it is overhauling its operations. The Rosemead...
  • Airlines' attorneys eager to fight U.S. over merger

    Airlines' attorneys eager to fight U.S. over merger
    A day after the U.S. Department of Justice sued to block the mega-merger of American Airlines and US Airways, attorneys for the carriers called the legal challenge weak and said they are looking forward to battling the government in court. The Justice...
  • U.S. sues to block American Airlines-US Airways merger

    U.S. sues to block American Airlines-US Airways merger
    After years of airline mergers that have dramatically reduced choices for travelers, the U.S. Justice Department has sued to halt what would be the largest airline marriage in U.S. history. The Justice Department joined six states and the District of...
  • Sale of Detroit Institute art debated in light of city's bankruptcy

    Sale of Detroit Institute art debated in light of city's bankruptcy
    The Detroit Institute of Arts is back in the national spotlight after city leaders said Thursday that the city had filed for bankruptcy. At the heart of the museum-world debate is whether the city should sell valuable works of art in the DIA's...
  • Bankruptcy may be only way to get collection efforts to stop

    Bankruptcy may be only way to get collection efforts to stop
    Dear Liz: I co-signed a credit card for someone and the person defaulted on payment. I started making payments but could not continue because I became unemployed. The debt started at $15,631.23 but has gone up to $17,088.08 because of interest and fees. I...
  • Draft audit critical of Stockton officials, accounting practices

    Draft audit critical of Stockton officials, accounting practices
    A leaked early draft of state Controller John Chiang's audit of Stockton's finances found that more than half of the accounting controls investigated were ineffective and that Stockton leaders had missed warning signs, according to the Stockton Record....
  • Rapper DMX files for bankruptcy protection to 'reorganize' finances

    Rapper DMX files for bankruptcy protection to 'reorganize' finances
    Rapper DMX, who has been in and out of jail after a slew of arrests over the past few years, has filed for Chapter 11 bankruptcy protection due to years of "financial strains" and "poor financial management." The "Ruff Ryders Anthem" and "Party (Up In...
  • Detroit's comeback may already have begun

    Detroit's comeback may already have begun
    Good news for city dwellers. According to a study published this week, we are 20% less likely to die from serious injury than our counterparts in rural America. Sure, homicide rates are higher in cities. But in rural areas, access to trauma and...