Items Tagged with 'bankruptcy filing'

ARTICLES

  • Walter Investment files for Chapter 11 bankruptcy

    Nonbank says prepackaged restructuring plan will reduce debt by $800 million
    Walter Investment Management Corp., which has suffered through several rough years, is taking a drastic measure as it fights to survive. The nonbank announced late this week that it is filing for Chapter 11 bankruptcy as part of a prepackaged restructuring plan that aims to eliminate $800 million in debt and place the company on firmer footing going forward.
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  • Disappearing bankruptcies could start new wave of homebuying

    Credit scores hit record high
    Years after the housing crisis’ peak in bankruptcies, Americans are finally starting to see the filings drop off their credit report. Over the next few years, millions of consumers will see their bankruptcies drop off their report and their credit scores improve, allowing them to once again consider homeownership.
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