January 7, 1993 |
You may have bought Madonna's book without blushing, but would you have the nerve to ask for a videotape called Bankruptcy? And even if you did, would the clerk accept your charge card? Seriously, personal bankruptcy is an option that millions of consumers face every year, and the right person to advise you on this course is your lawyer. But there's no reason to approach him or her in a state of ignorance. One way to prepare for that initial visit is to review the federal laws discussed in Bankruptcy (100 minutes, $39.95)
January 16, 2004 |
ATX Communications Inc., of Bala Cynwyd, a regional phone and Internet service provider that has tried for three years to cut its debt, filed yesterday to reorganize under Chapter 11 bankruptcy protection. The company employs 1,200 people - nearly half of them in the Philadelphia area - and serves 300,000 residential and 30,000 business customers from here to the Midwest and New York. It does not anticipate laying off any workers as a result of the filing, said Grant Evans, a company spokesman.
November 10, 2009 |
Sam Truell, a retired Chester policeman, has been supplementing his pension with monthly income from Advanta investment notes. "It helps me along quite a bit," Truell, who has been living off his retirement income for 17 years, said yesterday. But Advanta Corp.'s weekend bankruptcy filing in Delaware is snatching away that extra income, leaving Truell and thousands of other retail investors with gaping holes in their budgets. Bankruptcy court will now determine the amount and timing of any further payments.
August 21, 2008 |
Brighten Health Group L.L.C., a Bryn Mawr skilled-nursing and rehabilitation group, and five of its nursing homes have filed for reorganization under Chapter 11 in U.S. Bankruptcy Court in Philadelphia. Company representatives and their attorneys were not available late yesterday afternoon to respond to questions about how residents would be affected at the homes. When a company files for reorganization under Chapter 11 bankruptcy, it typically remains in business during the proceedings, often gaining access to new sources of credit.
April 2, 2010 |
Germantown Settlement, a venerable Philadelphia social-service agency overwhelmed of late by apparent fiscal mismanagement, has filed for bankruptcy. In a filing seeking Chapter 11 protection while reorganizing, Settlement and a key subsidiary reported more than $11 million of debt. The subsidiary, Greater Germantown Housing Development Corp., is Settlement's community-development arm. It filed for bankruptcy, as well. Both filings were made Thursday. Settlement and its subsidiaries face more than $2 million in liens for unpaid city, school district, state, and federal taxes dating to 2007.
March 9, 1990 |
Two Butcher & Co. real estate partnerships that own the Biltmore Hotel in Coral Gables, Fla., have filed for bankruptcy protection from creditors. Butcher's Deilwydd Corp. and Sovereign Group Ltd. 1986-1 filed for protection under Chapter 11 of the U.S. Bankrutpcy Act in U.S. District Court in Philadelphia last Friday. Deilwydd Corp. is the general partner of the limited partnership that owns the property. David Lloyd, president of Sovereign Group, Butcher & Co.'s real estate subsidiary, yesterday said hotel revenues had increased, but not enough to pay off its debt to a Florida bank that was about to foreclose.
June 9, 2001
This will be one of the last chapters in the Timothy McVeigh saga. I hope for this survivor from now on it will not be Timothy McVeigh. It will be Timothy Who? - Bombing survivor Paul Heath, who attended Wednesday's hearing, in which U.S. District Judge Richard Matsch denied a stay of execution for Timothy McVeigh. I believe that we have satisfied the responsibility, completely and fairly, that the system operate innocently and fairly ... and it is an appropriate ruling, for which I am grateful.
January 13, 1991 |
Describing Philadelphia as "one of our strongest markets," a spokesman for Best Products Inc. said Thursday that customers of its two Philadelphia stores - including one of its largest at Roosevelt Boulevard and Comly Road in the Northeast - should expect business as usual despite the company's recent filing for Chapter 11 bankruptcy protection. If anything, said Ross Richardson, corporate communications director, shoppers might find shelves better-stocked now than before the holidays.
December 8, 2014 |
Voters elected minister Rodney Muhammad president of Philadelphia's NAACP chapter Saturday, and he promised to bring stability and direction to a group riven by controversy. One defeated candidate immediately sought to challenge the results of the three-person race to replace J. Whyatt "Jerry" Mondesire, who was ousted by the national NAACP along with three board members in April. Election workers announced the winner to a rain-soaked crowd of voters, candidates, and supporters who waited outside the Beech Cos. offices near Temple University in North Philadelphia.