Money Pains

When Umatac resident J.A. Quinata was injured in an accident in 2001, he never thought it would force him into bankruptcy.

Let’s just say for a moment that Joe McCarthy was right back in the ’50s. He discovered there were communists in the state department that had as one of their goals to bankrupt our nation with foreign aid to communist countries.

The East Chicago Community Health Center that filed for bankruptcy earlier this month had been teetering on the brink of financial disaster for years. The problems have jeopardized the existence of the safety net provider that serves more than 12,000 patients, regardless of their income, insurance or ability to pay.

Despite the recent news of a private deal to sell the closed Hotel Bentley, the mayor of Alexandria says the city faces a “serious” hurdle in completing its proposed downtown hotels initiative involving the Bentley and two other properties.

Vallejo representatives will be back in U.S. Bankruptcy Court in Sacramento on Monday to address concerns by retired city employees.Federal Bankruptcy Judge Michael McManus reviewed a request by a committee of city retirees on Oct.

A weaker economy and falling oil prices meant bankruptcy filings in the Midland Division were up by about 53 percent from 2008 to 2009, according to records from the U.S. Bankruptcy Court.

Associated Press TUCSON — Arizona grocery chain Bashas’ Inc. could emerge from bankruptcy in April if a judge approves its reorganization plan.

Hawaii: A Wailuku industrial loan company that was ordered to stop taking deposits and investment money from customers has filed for bankruptcy. Maui Industrial Loan & Finance Co

To drive by it, the rolling land on the south side of Cabbage Drive isn’t much to look at: trees, grass and some scrubby undergrowth along a rise near Andersonville Pike.In the past couple of years, though, the 33-acre property in Halls has helped secure big money for some of Knox County’s political power brokers and their associates.The land is owned by SHE Group LLC, an Oak Ridge auto company …

Senior lenders of a car wash firm, IMO, won a landmark UK court ruling last year, which experts say has encouraged ‘bankruptcy tourism’. Photograph: Brian Branch-Price/AP Britain is at risk of becom…