bankruptcy   2006

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Trump filed for SIX TIMES, so what the hell does he know?

bankruptcy  from twitter_favs
5 days ago by Arnte
How Do I Get My Transcripts If I Owe My College Money?
Bankruptcy and debt defense attorneys get asked all the time: How Do I Get My Transcripts If I Owe My College Money?
studentloans  bankruptcy  transcripts 
16 days ago by 1kenthomas
GreenPath, Inc. About Us
GreenPath, Inc., is a national non-profit that supports people’s lifelong financial wellness. We have nearly 60 years of experience in guiding people through financial crisis. We have supported millions of people who are overwhelmed by debt, worried about losing their home or facing bankruptcy. We will always be there for people who need a guide in times of crisis.

We believe that financial wellness allows people to be happier, healthier and free to pursue their dreams. With financial wellness, families and communities are stronger and more stable.

We specialize in providing solutions, so we assist people with credit card debt, student loan debt, housing issues and bankruptcy concerns.  Financial education is part of everything we do, and we also offer a wide variety of educational tools and resources.

We have teamed up with credit unions, community organizations, financial services, and technology organizations to influence positive change and make it easier for all of us to improve our financial health. Together, we improve and develop new products and services that work better for people.

Everyone deserves the chance to pursue their dreams. We empower people to make healthy financial choices that support their goals.

Last year, GreenPath helped more than 180,000 people in all 50 states.  We serve the entire country by telephone and Internet.  We also offer in-person services at more than 50 branch offices in 12 states including Michigan, New York, New Hampshire, Colorado, Florida, Texas, Vermont, Illinois, Indiana, Wisconsin, Arizona and Wyoming.
bankruptcy  finances  to-do  requirements-for-filing 
20 days ago by Vaguery
Deutsche Bank and Trump: $2 Billion in Loans and a Wary Board
In 1999, a senior Deutsche Bank executive discovered that a credit officer’s signature on a Trump loan document had been forged. Mr. Offit was never accused of forgery and the loan did not go through. He was later fired.

Next, another banker, Justin Kennedy, stepped up to help lead the bank’s commercial real estate group. Mr. Kennedy was the son of Supreme Court Justice Anthony Kennedy, who occasionally visited Deutsche Bank’s offices. The younger Kennedy developed a relationship with Mr. Trump and helped him borrow money from Deutsche Bank, including on the fateful Chicago project.

Finally, there was Ms. Vrablic. Deutsche Bank recruited her to its private-banking division in 2006. One of her existing clients was Jared Kushner, who later introduced her to his father-in-law, Mr. Trump, according to a person familiar with the relationship.

Ms. Vrablic, an intensely private person who rarely discussed personal matters with her colleagues, steered more than $300 million in loans to Mr. Trump over the ensuing years. When he was sworn in as president, Ms. Vrablic sat in the V.I.P. section of the audience.

She expects to be called to testify before Congress.
DonaldTrump  business  legal  ethics  DeutscheBank  loan  bankruptcy 
4 weeks ago by jtyost2
Exclusive: OxyContin maker Purdue Pharma exploring bankruptcy -...
OxyContin maker Purdue Pharma LP is exploring filing for bankruptcy to address potentially significant liabilities from roughly 2,000 lawsuits alleging the drugmaker contributed to the deadly opioid crisis sweeping the United States, people familiar with the matter said on Monday.

The potential move shows how Purdue and its wealthy owners, the Sackler family, are under pressure to respond to mounting litigation accusing the company of misleading doctors and patients about risks associated with prolonged use of its prescription opioids.

Purdue denies the allegations, arguing that the U.S. Food and Drug Administration-approved labels for its opioids carried warnings about the risk of abuse and misuse associated with the pain treatments.

Filing for Chapter 11 protection would halt the lawsuits and allow Purdue to negotiate legal claims with plaintiffs under the supervision of a U.S. bankruptcy judge, the sources said.
business  economics  lawsuit  bankruptcy  OxyContin  PurduePharma  medicine 
6 weeks ago by jtyost2
Calculating a Life Estate – Revised – Atty. Gregory A. Holbus
The original Life Estate post proved to be quite popular. But it also turned out to be a little flawed (and many of the links now outdated). So, for your consideration, the revised “How to Calculate a Life Estate”. Changes are marked with an underline and bold text.
realestate  legal  bankruptcy  lifeestates  finance 
9 weeks ago by Chirael
How to calculate the value of a remainder interest in bankruptcy | Peter R. Scribner, Esq.
Occasionally we have to deal in bankruptcy with debtors who own a "remainder interest" in real estate. This can happen when the debtor's parents have engaged in Medicare planning and deed their home to their kids (typically), retaining a "life estate." This means the parents remain the legal owners of the property so long as they are alive, and, upon their passing, the children will become full owners of the property.

If one of the children who owns part of the future, or "remainder" interest in the property files bankruptcy, how would the asset be valued? The IRS deals with this issue all the time, in valuing for gift tax purposes the transfer today of a future interest in property. At least in the Bankruptcy Court in Rochester, trustees use the same calculation method as the IRS.
realestate  finance  lifeestates  bankruptcy 
9 weeks ago by Chirael
PG&E has gone into bankruptcy because corporations haven't priced in the cost of global warming - The Washington Post
California’s largest utility and one of the United States’ largest investor-owned electric utilities — filed for bankruptcy. It claimed that bankruptcy was its “only viable option” because of liabilities arising from numerous California wildfires that some, including a federal judge, have traced to the company’s power lines.
washingtonpost  PG&E  bankruptcy  climatechange 
11 weeks ago by eversourcenh

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