Newsroom Headlines

  January 22, 2008 Debtor Audits Suspended by EOUST The Executive Office of the U.S. Trustee has suspended auditing debtors filing for bankruptcy as Congress did not fund the audits in the 2008

  January 18, 2008 Mortgage Lending FDIC Chief Urges Lenders to Do More on Troubled Loans A top bank regulator continued pressing lenders to rework troubled mortgages as the industry reported it had

  January 17, 2008 Public Company Bankruptcies Up Slightly in 2007 The number of publicly-traded companies filing for bankruptcy in 2007 totaled 78, a slight increase from 66 filings in 2006

  January 16, 2008 Former North Carolina District Attorney Files for Bankruptcy Michael Nifong, the former North Carolina district attorney who pursued rape charges against three Duke University

  January 14, 2008 Countrywide Draws Ire of Bankruptcy Judges More federal bankruptcy judges are calling into question the business practices of Countrywide Financial Corp., as Bank of America Corp

  January 11, 2008 Bank of America Agrees to Buy Troubled Loan Giant for $4 Billion Bank of America announced today that it has agreed to pay about $4 billion in stock to acquire Countrywide Financial

  January 10, 2008 Autos Delphi  Begins Bankruptcy Financing Talks Delphi Corp. said today that it plans to begin talks this week with potential lenders for a $6.1 billion loan to help the auto-parts

  January 9, 2008 Judges See Increases in Pro Se Consumer Bankruptcy Filings Bankruptcy judges are saying that fewer attorneys have been willing to represent individual debtors, leading to a spike in

  January 8, 2009 Citigroup, Homebuilders in Talks to Let Judges Modify Mortgages Citigroup Inc. is leading other lenders in advanced talks with key senators on legislation that would allow judges to

  January 7, 2008 Merrill Lynch Appeal of ResMae Plan Stayed Again U.S. District Judge Mary Pat Thynge of the District of Delaware approved a stipulation between the parties to stay creditor Merrill