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NYT > Bankruptcies - Search for 'National Law'

News about bankruptcies, including commentary and archival articles published in The New York Times.
Monday 08th of September 2008 01:50:04 AM

Bankruptcy Filing Nudges Alitalia Toward a Rescue

The struggling state-owned Italian airline Alitalia, which is trying to clear the way for a sale to private investors, said Friday that it had filed for bankruptcy protection.

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Monday 08th of September 2008 01:50:04 AM

Obama Aides Defend Bank?s Pay to Biden Son

Campaign officials acknowledged the connection between the Bidens and MBNA, the enormous financial services company based in Delaware.

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Monday 08th of September 2008 01:50:04 AM

Lose Homes, Pay More Tax

Some of the biggest losers in the real estate slump are not purchasers of mansions they could not afford. They are buyers of second homes who are sitting on a tax time bomb.

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Monday 08th of September 2008 01:50:04 AM

Senator?s Ties to Real Estate Draw Criticism

Senator Richard C. Shelby, who has links to the mortgage industry, is helping to decide the fate of a housing bill.

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Monday 08th of September 2008 01:50:04 AM

Big Tax Breaks for Businesses in Housing Bill

Critics say the housing relief bill is adding up to a bailout for businesses, as the legislation includes billions of dollars in tax breaks for automakers and airlines.

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Monday 08th of September 2008 01:50:04 AM

Retailing Chains Caught in a Wave of Bankruptcies

A consumer spending slump and tightening credit markets are prompting thousands of store closings.

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Monday 08th of September 2008 01:50:04 AM

Foreclosure Machine Thrives on Woes

Law firms and default servicing companies have been raking in mounting profits on foreclosures.

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Monday 08th of September 2008 01:50:04 AM

Equity Loans as Next Round in Credit Crisis

Lulled by good times, millions of Americans borrowed against the roofs over their heads. Now the bill is coming due.

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Monday 08th of September 2008 01:50:04 AM

Bundled Mortgages and Dubious Fees Complicate Foreclosure Cases

When Ohioans head to the polls Tuesday, Mark and Gina Wellman of Circleville, Ohio, will be watching another vote what buyers are bidding for their home.

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Monday 08th of September 2008 01:50:04 AM

Debt Relief Can Cause Headaches of Its Own

With the economy slowing and houses no longer easy sources of cash, a growing number of consumers cannot pay the minimum monthly amount off their credit card debt.

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Monday 08th of September 2008 01:50:04 AM

Law Makes Debt Relief Harder for Homeowners

Legislation pending in Congress could spur still more people to choose Chapter 13 to save their homes.

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Monday 08th of September 2008 01:50:04 AM

Dubious Fees Hit Borrowers in Foreclosures

Questionable practices among mortgage lenders are coming to light in bankruptcy courts across the nation.

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Monday 08th of September 2008 01:50:04 AM

Charges Filed Against Firm That Serves Futures Market

CHICAGO, Aug. 20 (Reuters) The Securities and Exchange Commission filed civil fraud charges Monday against the Sentinel Management Group, the cash management firm serving the futures market that filed for bankruptcy protection Friday.

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Monday 08th of September 2008 01:50:04 AM

After Foreclosure, a Big Tax Bill From the I.R.S.

Americans who have lost their homes may be subject to income taxes on their canceled debt.

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Monday 08th of September 2008 01:50:04 AM

Loan by Loan, the Making of a Credit Squeeze

About 1.7 million households will lose their homes to foreclosure this year and next, according to estimates, nearly double the number of the previous two years.

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