By Jordan Valinsky, CNN New York (CNN) — Conn’s HomePlus, a 134-year-old furniture and electronics retailer with locations primarily in the southern United States, has filed for bankruptcy and is closing nearly half of its 170 stores. The Texas-based company, which filed for Chapter 11 … [Read more...]
Could a zombie mortgage put you at risk of foreclosure? Long-forgotten debt is coming back to haunt homeowners. | Warren & Migliaccio
Jose Arzate once dreamed of a peaceful retirement in a quiet neighborhood in his hometown. A 24-year veteran of the county probation office, Arzate thought he had achieved the American Dream when he purchased a three-bedroom ranch house in Santa Maria, California, 20 years ago. "As an immigrant, you … [Read more...]
Self-exiled Chinese billionaire Guo Wengui convicted of defrauding followers after fleeing to US | Warren & Migliaccio
Associated Press NEW YORK (AP) — Guo Wengui, a self-exiled Chinese business tycoon whose criticism of the Communist Party won him legions of online followers and powerful friends in the American conservative movement, was convicted by a U.S. jury Tuesday of engaging in a massive multiyear fraud … [Read more...]
More student loan borrowers are getting relief through bankruptcy after Biden policy change | Warren & Migliaccio
By Katie Lobosco, CNN Washington (CNN) — More student loan borrows have successfully received debt relief through bankruptcy after the Biden administration implemented a new policy to make the process easier nearly two years ago, according to data released by the Department of Justice … [Read more...]
Today in History: July 18, Nadia’s perfect 10 – WTOP News | Warren & Migliaccio
Today in History Today is Thursday, July 18, the 200th day of 2024. There are 166 days left in the year. Today’s Highlight in History: On July 18, 1976, at the Summer Olympics in Montreal, Nadia Comaneci of Romania became the first gymnast to receive a perfect score of 10 from Olympic judges for … [Read more...]
Inflation is cooling, yet many Americans say they’re living paycheck to paycheck | Warren & Migliaccio
U.S. inflation is cooling faster than expected, but will consumers feel it? U.S. inflation is cooling faster than expected, but will consumers feel it? … [Read more...]
These kinds of businesses are driving a surge in US corporate bankruptcies | Warren & Migliaccio
Analysis by Bryan Mena, CNN Washington (CNN) — Small and mid-sized businesses are struggling to survive. Many have already gone under water this year. There were 346 companies that filed to either liquidate or re-organize through bankruptcy in the first six months of 2024, the highest half-year … [Read more...]
Rudy Giuliani’s bankruptcy case was thrown out. Here are some key things to know | Warren & Migliaccio
NEW YORK (AP) — A federal judge threw out the bankruptcy case of former New York Mayor Rudy Giuliani on Friday. He cited repeated “uncooperative conduct,” including a failure to comply with court orders and disclose sources of income. While Giuliani’s creditors can now pursue other legal remedies, … [Read more...]
Dallas Judge sides with attorneys representing Shilo Sanders to seal documents related to ongoing bankruptcy case | Warren & Migliaccio
Sanders' attorneys argued because the incident happened when he was a minor, he had the right to have those documents sealed as a juvenile. DALLAS, Texas — Shilo Sanders is working to create his own name as a star safety on the Colorado Buffaloes. … [Read more...]
Judge Denies Go-Ahead For Suit Over Invitae Refi Deal – Law360 | Warren & Migliaccio
By Rick Archer (July 12, 2024, 7:48 PM EDT) -- A Delaware bankruptcy judge on Friday told the unsecured creditors of Invitae that they had not shown it was worthwhile to allow them to challenge the bankrupt genetic testing company's 2023 debt refinancing.... (source) … [Read more...]
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