Creditors Committee Supports Giving ResCap More Time to File Bankruptcy Plan
Creditors of Residential Capital LLC say they support giving the subprime-mortgage lender more time to control its bankruptcy case, citing progress toward a potential settlement of issues that have bogged down the case. ResCap, a subsidiary of …
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Cancer patients more likely to file for bankruptcy
Cancer patients are more likely than other patients to file for bankruptcy due to medical bills, according to a new study in Health Affairs. The study was conducted by researchers at the Fred Hutchinson Cancer Center in Seattle, the University of Utah …
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Struggling Cengage May File For Bankrupcy
DIS(C)ENGAGE: Bloomberg reports that educational publishing giant, Cengage Learning, is due for some serious restructuring–which may include filing for bankruptcy. The Wall Street Journal has also reported that the college textbook company, which …
Read more on EdSurge (blog)