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Friday | 30 November, 2007 (ARNnet) Computer World's website, customer database, phone numbers and logo has been sold for an undisclosed sum. The Victorian reseller chain went into voluntary administration in October. It owed more than $4.5 million to secured and unsecured creditors.Judge Approves Solutia's Ch 11 Plan (AP via Yahoo! Finance) Solutia Inc. won court approval Thursday to exit bankruptcy protection by the end of December, ending a Chapter 11 restructuring that has lasted four years.InPhonic Creditors Object to Sale (AP via Yahoo! Finance) Creditors of InPhonic Inc. say they would rather see the company pushed into Chapter 7 bankruptcy than taken over by private-equity firm Versa Capital Management, calling the proposed sale a "farce."Judge OKs Solutia Exit From Bankrupcty (AP via Yahoo! Finance) The chemicals maker Solutia Inc. won court approval to exit bankruptcy protection by the end of December. U.S. Bankruptcy Judge Prudence Carter Beatty approved the plan Thursday that calls for the St.Judge rejects Interstate Bakeries' attempt to get information from would-be buyer (The Kansas City Star) A federal bankruptcy judge has denied a request by Interstate Bakeries Corp. to force a group considering a bid for the baker to disclose terms of an agreement with a key union.Plan Objections Delay Delphi Hearing (AP via Yahoo! Finance) Auto-supplier Delphi Corp. has delayed a scheduled Thursday hearing on its Chapter 11 disclosure statement as the company tries to resolve objections to its proposed plan amendments.Calpine to End Pre-Bankruptcy Payments (AP via Yahoo! Finance) Calpine Corp. is free to abandon $80 million in payments made to businesses before it filed for bankruptcy, a small portion of the $2 billion it plans to walk away from once its bankruptcy-exit plan is confirmed.
Previous Forum Posts/Comments about unsecured creditors
Posted on: Nov 20, 08 12:37 pm by: Stephen Flores
I found this while looking on the internet...
Whatever be the cases of bad credit, no borrower is ever starved of credit, provided they have the patience to search over the hundreds of lenders and the readiness to pay the extra cost. James Taylor holds a Master’s degree in Commerce from JNU he is working as financial consultant for chance for loans. To find a personal loan,bad credit loans that best suits your needs visit http://www.
Posted on: Nov 19, 08 01:05 pm by: Emily Anderson
Look at what finally happened...
The FCRA consists of 25 laws and 300 by-laws that govern the fairness and accuracy of credit reporting. DreamLife, LLC then puts the legally mandated based dispute system into action and submits applicable contentions on your behalf. If the three credit bureau agencies don't comply with the areas that DreamLife, LLC addresses, they have to delete or amend the disputed items.
Posted on: Nov 19, 08 08:25 am by: Bob Sagustume
Can any of you give me some advice about this?...
A – credit score few mortgage problem over two years and one or two, thirty day late payments.
B credit score connotes a fall in the credit reports.
C credit score lots of late repayments.
Posted on: Nov 18, 08 03:51 pm by: Emily Finley
Heh, look at what I found...
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Let's look at just one bit of advice. In our Get Out of Debt nook, we recommend that you call your credit card company and ask for a lower interest rate:
"Let your creditors know your situation. Tell them that if you are unable to renegotiate terms, then you have no other recourse except to declare bankruptcy.