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Tag Archives: Bankruptcy

Debt Settlement Vs. Bankruptcy – Which Is Better?

If you think that the only thing that can save you from the burden of debt is filing for bankruptcy, you are wrong. Debt settlement is another option...

5 Ways To Avoid Ending Up With A Bankruptcy

Bankruptcy is one of the hardest financial realities that adults have to admit to themselves. When faced with the step, there are several things that...

Everything That You Need To Know About Bankruptcy

It’s sad to say but there are situations when the only solution that you have to fix your finances is to file for bankruptcy. With how the economy...

Struggling with Debt: Considering Filing for Bankruptcy

Are you struggling with debt and thinking of filing for bankruptcy? Well, the decision to make such a crucial step should not be taken lightly and both...

I Filed for Bankruptcy…Now What?

The debt has been erased, the phone calls have stopped, and you have resolved to keep your future debts under control. Whether the problem originated...

Kodak Receives Court Approval Of Financing Agreement, Approves $844 Million In Financing

With Kodak sold out its patents to Intellectual Ventures and RPX Corporation as Apple, Google and others win the bid, the company has received approval from US Bankruptcy Court Judge Allan Gropper of the Southern District of New York for its interim and exit financing allowing the company to borrow up to $844 million, strengthening Kodak’s position to execute its remaining...

Kodak Tries To Stop Apple Outside Bankruptcy Court Over Patent Claims

The photographic company Kodak, which is in the urge of bankruptcy which it recently filed, is now looking forward to put up a “pause” on the patent war decision that Apple filed last month from being made by an outside court, reports WSJ. The Apple’s patent case is actually just an old case that the iPhone maker is bringing back to the court over patents having...

Kodak Files For Bankruptcy, Secures $950 million From CitiGroup

Eastman Kodak Company (“Kodak”) announced today that it and its U.S. subsidiaries filed voluntary petitions for chapter 11 business reorganization in the U.S. Bankruptcy Court for the Southern District of New York. The Company has made pioneering investments in digital and materials deposition technologies in recent years, generating approximately 75% of its revenue...