by Paula Greenway | Oct 19, 2011 | Chapter 7, Greenway Bankruptcy Law
Sterling Energy Systems Inc., a manufacturer of solar-power equipment, recently filed for Chapter 7 bankruptcy. The company is based in Scottsdale, Arizona.Executives with Sterling Energy Systems say that rising costs, low demand, and trouble raising funds has...
by Paula Greenway | Oct 8, 2011 | Bankruptcy Filing, Personal Bankruptcy
Last month, a total of 108,517 personal bankruptcies were filed nationwide. September’s personal bankruptcy filings were 4 percent lower than a month before and 17 percent lower than a year before.Furthermore, the number of personal bankruptcies filed in the U.S. from...
by Paula Greenway | Oct 5, 2011 | Birmingham Bankruptcy, Foreclosure, Foreclosure Defense, Greenway Bankruptcy Law
Recent data shows that nationwide foreclosure filings increased in the third quarter of this year. This is the first quarter that foreclosure filings have increased since the last quarter of 2010.1 in 213 properties in the United States were foreclosed upon in...
by Paula Greenway | Sep 28, 2011 | Celebrity Bankruptcy Filings, Chapter 7, Greenway Bankruptcy Law
Earlier this month, “Troubleshooter” Tom Martino filed for Chapter 7 bankruptcy. Martino hosts television and radio shows on consumer-advocacy based in Denver, Colorado.Martino says that all of his debt is related to commercial real estate projects and that he...
by Paula Greenway | Sep 20, 2011 | Foreclosure, Foreclosure Defense
According to the latest data from Fitch Ratings, foreclosures are almost two times as high as they were at the same time last year.The agency uses Residential Mortgage-Backed Security, or RMBS, Performance Metric. Their most recent findings indicate that the...
