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While millions of Americans owe the IRS money in back taxes, some unfortunately owe a lot more than others. Take this 33-year-old California man, for example. His dire situation, in which he owes ...
They don’t have much to fall back on — with just $15,000 in cash savings, which could only cover their living expenses for two months at most. “That is as red-flag as it gets for me ...
The fact that states aren't eligible for bankruptcy may allow them to borrow money at lower interest rates. [12] Opponents, including representatives of the National Governors Association, [13] say that talk of allowing states to seek bankruptcy protection could create doubts in the municipal bond market. [1]
Back in the day, Prospect Medical Holdings was known for buying cash-strapped hospitals. They owned 166 clinics nationwide, spanning California, Connecticut, Pennsylvania, and Rhode Island.
Eliminated from the final plan included proposals to borrow money from city and county governments and to drill for oil off the coast of Santa Barbara. [16] Chiang announced in August 2009 that the IOU program would end the next month and that California would pay off 327,000 IOUs worth almost $2 billion (~$2.76 billion in 2023). [17]
Chapter 11 bankruptcy and liquidation financial company [58] April 10, 2009: New Frontier Bank: Chapter 11 bankruptcy and liquidation Bank [59] April 17, 2009: American Sterling Bank: Metcalf Bank: Bank [60] April 24, 2009: American Southern Bank: Georgia Department of Banking and Finance: Bank $ 216,600,000 [61] May 8, 2009: Stanford Bank ...
The state’s unemployment agency potentially overpaid an estimated $55 billion in recent years to people who may not have been eligible for jobless benefits, a California state audit has found.
The Container Store, which first began in 1978 and has grown to around 100 US locations, now faces a critical holiday shopping season to save it from bankruptcy.