by Paula Greenway | Nov 11, 2012 | Alabama Bankruptcy, Birmingham Bankruptcy, Greenway Bankruptcy Law, Jefferson County Bankruptcy, Municipal Bankruptcy
Jefferson County has recently made plans in order to make an attempt to exit from Chapter 9 bankruptcy. The County Commissioners have said that the vote could happen as soon as next week, but some creditors have already stated that it will be challenged in...
by Paula Greenway | Nov 5, 2012 | Bankruptcy Filing, Bankruptcy Law
On November 5, the American Suzuki Motor Corporation chose to file for Chapter 11 bankruptcy protection. The decision to file for bankruptcy means that Suzuki motor vehicles will no longer be sold in the United States. Sales of ATVs and motorcycles will still continue...
by Paula Greenway | Oct 26, 2012 | Bankruptcy Filing
Regulators with the Federal Deposit Insurance Corp. closed a Nova Bank unit on Oct. 26 and as a result of this closure, Nova Financial Holdings Inc. decided to file for Chapter 7 bankruptcy.Nova announced on Oct. 30 that their board decided that liquidating their...
by Paula Greenway | Oct 17, 2012 | Alabama Bankruptcy, Birmingham Bankruptcy, Foreclosure, Foreclosure Defense, Greenway Bankruptcy Law
New data from Zillow shows that discounts many home buyers are expecting on foreclosed homes are starting to disappear as foreclosures decline across the country. The Washington Post reports that as the economy slowly improves, fewer homeowners are defaulting on their...
by Paula Greenway | Oct 6, 2012 | Alabama Bankruptcy, Birmingham Bankruptcy, Foreclosure, Foreclosure Defense, Greenway Bankruptcy Law
The rate of foreclosures in the Birmingham area declined in the month of August, according to a mortgage researcher. The data shows that in August, the rate of foreclosures was 1.62 percent. This percentage was down slightly from August 2011 when the rate of...
