Wednesday, December 21, 2005

Loans catch up to consumers (Bankruptcy News)


Loans catch up to consumers
Arizona Republic - The housing boom has bailed out a lot of people in metropolitan Phoenix. Homeowners caught between higher bill payments and flat incomes have been able to tap their rapidly rising home equity to stay afloat or even buy new cars and furniture. Others

Bankruptcy claims allege funds misuse
Kansas City Business Journal - Kert Rabe, a Leawood entrepreneur who once co-owned Golden Harvest Products Inc. , faces a $2.6 million claim from Ford Motor Credit Co. and a $629,130 claim from U.S. Bank, according to filings in Rabe's Chapter 7 bankruptcy in the U.S. Bankruptcy

Legal financing helps out little guys
Chicago Sun-Times - You can sue -- but it will cost you. A patent case can cost more than $1 million to take to trial. What's a little company to do? One option is legal financing. Three-year-old Oasis Capital, based in Northbrook, is a leader in the growing business of

Metro residents guarding nest eggs
Atlanta Journal Constitution - When it comes to saving for retirement, metro Atlantans are diligent about feathering their financial nests. But Georgians overall have a few cracks in their nest eggs, according to a study released Wednesday by A.G. Edwards & Sons. The Nest Egg