Newspaper: Embattled Pennsylvania swim club accused of discrimination to declare bankruptcy

Pa. swim club accused of bias to file bankruptcy

Rhode Island woman fights for bankruptcy changes after losing her son and going broke

WASHINGTON — A Rhode Island woman urged senators Tuesday to ease bankruptcy rules for people devastated by medical debt, as she described the pain of losing a child and going broke from his health care bills.

GM must convince consumers of long-term strength; to register 3.5 bln shares for sale in 2010

DETROIT — The new General Motors Co. said Friday it was worried about regaining consumer confidence following its exit from Chapter 11, and that its sales won’t improve in 2009 as U.S. economic troubles continue.

States that prohibit debt collectors from seizing wages have lower bankruptcy rates than peers

States that allow debt collectors to seize consumers’ wages have sharply higher bankruptcy rates than neighboring states that prohibit or strictly limit the practice, an Associated Press analysis has found.

Meltdown 101: How do I get my credit card balance forgiven, and what are the drawbacks?

NEW YORK — Pay a fraction of what you owe, walk away debt-free.

Judge says bankrupt co-founder of exclusive Yellowstone Club has to sell personal assets

BUTTE, Mont. — A bankruptcy judge has rejected Edra Blixseth’s bid to reorganize her finances, pushing the co-founder of the ultra-exclusive Yellowstone Club into a forced sale of her many houses, cars and other properties.

Senate defeats bid to let homeowners seek foreclosure relief in bankruptcy court

WASHINGTON — The Democratic-controlled Senate on Thursday defeated a plan to spare hundreds of thousands of homeowners from foreclosure through bankruptcy, a proposal that President Barack Obama embraced but did little to see through.

Senate Roll Call: How the Senate voted on an anti-foreclosure measure

The 45-51 roll call by which the Senate on Thursday defeated a measure that would have given bankruptcy judges authority to reduce the costs and terms of mortgages for homeowners threatened with foreclosure.

Senate defeats bid to let homeowners seek foreclosure relief in bankruptcy court

WASHINGTON — The Democratic-controlled Senate on Thursday defeated a plan to spare hundreds of thousands of homeowners from foreclosure through bankruptcy, a bill President Barack Obama embraced but did little to see it through.

Senate defeats bid that would have let homeowners seek foreclosure relief in bankruptcy court

WASHINGTON — With President Barack Obama on the sidelines, the Senate defeated his promise of a bankruptcy court refuge for hundreds of thousands of families about to lose their homes to foreclosure.

Senate defeats bid that would have let homeowners seek foreclosure relief in bankruptcy court

WASHINGTON — The Senate has defeated legislation that would have let hundreds of thousands of debt-ridden homeowners seek mortgage relief in bankruptcy court.

Owner of ritzy Mont. club seeking bankruptcy protection has personal debts exceeding $150M

BILLINGS, Mont. — Court filings show that the owner of a financially struggling Montana haven for the rich is herself more than $150 million in debt, with most of her many houses, cars and other belongings put up as collateral on overdue loans.

Bank lobby, voter frustration with bailouts keep Obama from wielding heavy stick on banks

WASHINGTON — With President Barack Obama largely on the sidelines, Senate Republicans are poised to defeat his promise of a bankruptcy court refuge for hundreds of thousands of families about to lose their homes to foreclosure.

Bankruptcy trial tries to unravel who is responsible for collapse of ritzy Montana resort

MISSOULA, Mont. — The founders of the Yellowstone Club are trading blame over who is responsible for the financial collapse of the Montana haven for the rich that has fallen more than $400 million into debt.

Financial groups reject Obama’s plan to provide homeowners mortgage relief through bankruptcy

WASHINGTON — A dozen financial groups, including the U.S. Chamber of Commerce and American Bankers Association, on Wednesday urged every member of the U.S. Senate to reject a key piece of President Barack Obama’s plan to keep tens of thousands of Americans from losing their homes.

Senate to sink plan that would have let homeowners reduce mortgage payments through bankruptcy

WASHINGTON — The centerpiece of President Barack Obama’s plan to keep thousands of people from losing their homes amid the worst economic crisis in decades is headed for defeat next week in the Senate.

Talks on mortgage relief hit snag as credit union group rejects Senate proposal

WASHINGTON — Negotiations between the banking industry and Senate Democrats on a mortgage relief plan hit a snag Wednesday after a trade association representing credit unions said it could not endorse the proposal.

Talks on mortgage relief hit snag as credit union group rejects Senate proposal

WASHINGTON — Negotiations between the banking industry and Senate Democrats on a mortgage relief plan hit a snag Wednesday after a trade association representing credit unions said it could not endorse the proposal.

Talks on mortgage relief hit snag as credit union group rejects Senate proposal

WASHINGTON — Negotiations between the banking industry and Senate Democrats on a mortgage relief plan hit a snag Wednesday after a trade association representing credit unions said it could not endorse the proposal.

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