Former owner of the Amerks and Knighthawks, Steve Donner filed for bankruptcy in Florida, the Democrat & Chronicle stated on July 3.The 57-year-old sports mogul and his wife reportedly filed for Chapter 7 bankruptcy last May. Donner, who had an outstanding debt of...
Greenway Bankruptcy Law
U.S. foreclosure activity steadily decreased in the last 8 years
A recent report by real estate firm RealtyTrac stated that there has been a steady decline in foreclosure activity in the last eight years, CNBC reported on June 10.Reports said that in May, banks acquired fewer homes and property owners filed for fewer...
U.S. foreclosure crisis nearing end
A decline in foreclosure activity in a majority of the states in America was observed by RealtyTrac, a real estate research company, last month, a report by USA TODAY stated on Thursday, December 12.RealtyTrac said foreclosure activity last November decreased by 37...
Study shows southerners owe more in auto loans
A recent analysis showed that most people who owe a lot on their auto loans live in the southern cities of America, a USA TODAY report showed on Saturday, November 16.According to a recent analysis by Manilla.com, Shreveport, New Orleans, and Houston were on the top...
Rapper exits bankruptcy
Rapper David Darnell Brown, better known as “Young Buck,” is getting a fresh financial start after exiting bankruptcy, a report stated on Thursday, September 19. The rapper filed for bankruptcy three years ago.According to reports, the Tennessee rapper has paid some...
Governor Bentley announces new measure to protect against payday loans
On September 18, Alabama Governor Robert Bentley signed a new consumer protection measure that will help people from taking on exorbitant debts as a result of payday loans.As the Alabama Deferred Presentment Services Act does not allow payday lenders to give people...
Former NY Knicks point guard’s condo in foreclosure
A property of former NBA star Stephon Marbury in New York City might be lost in a foreclosure due to a debt that has accumulated since 2010, according to a report published on Wednesday, September 18.According to the legal documents filed by the U.S. Bank...
O.J. Simpson’s Miami home to be sold after foreclosure
The home of incarcerated ex-football star O.J. Simpson will be sold soon after a foreclosure proceeding, a report on August 27 stated.The 4,233 square-foot of Simpson in South Florida will be auctioned online on October 29 after it underwent foreclosure proceedings...
Costs of closing mortgages rising
An online survey done by Bankrate.com showed that the costs of closing a mortgage have increased due to increasing origination fees, an August 5 article from USA Today stated.According to the survey, the fees for acquiring a single-family mortgage loan worth $200,000...
Vince Young’s properties auctioned off to cover debt
Constables from Harris County went to ex-NFL quarterback Vince Young’s home to take an inventory of his personal properties in preparation for paying off a loan of $1.7 million, a July 25 report from NBC sports showed. The former NFL player took the loan out two years...