Topics: Bankruptcy - 55 results

When Hostess Brands Inc. announced it was going out of business, Twinkie lovers panicked, clearing out grocery shelves and forking over nearly $60 for a single box on eBay. But Hostess’ 18,500 workers faced bigger problems: a sluggish economy, high unemployment and a pension system that’s $55 million in the red. Pensions were at the center of contentious labor negotiations that broke down when the Bakery, Confectionary, Tobacco and Grain Millers Union (BCTGM) went on strike. After Hostess violated union …

Debt Settlement Companies Rip Off Consumers It’s a debtor’s nightmare: You pay a company to help you pay off what you owe, but the company rips you off for thousands of dollars, then makes empty promises to give you a refund. The victims file a class-action lawsuit and fight for four years to recoup what you’re owed, all you ultimately get is $185. That’s what happened to California consumers who hired debt-settlement companies to help them consolidate and pay off …

  Matt: Welcome to Lawyers.com radio. Your legal solutions start right here. We’ll help you understand your legal issue, find a lawyer in your area, and suggest legal forums for legal self-help. Today’s show is brought to you by the Internet law lawyers at Traverse Legal, PLC. This is Matt Plessner and today we’ll be discussing bankruptcy. Bankruptcy hits tons of Americans all the time, and we here at Lawyers.com want to educate you on what to do in the …

Facebook to Pay $20M to Settle ‘Sponsored Stories’ Suit Facebook plans to settle a California class action over its use of users’ names and their profile pictures in its Sponsored Stories program for $20 million. The class accused the site of using the names and/or likenesses of users without their permission to promote products and services in violation of California’s state laws. Find Out More…   Prepaid Debit Cards Are Largely Unregulated Prepaid debit cards continue to grow in popularity …

If you get hit with a big domestic support judgment against you, filing for bankruptcy could get you nowhere. That’s what a Michigan man found out recently when he tried to avoid paying $100,000 to the mother of his child in a custody dispute. After the state judge in their custody dispute case ordered Patrick Rugiero to pay Antonietta DiNardo $100,000 in attorney’s fees, he filed for bankruptcy in federal court. First ruling that the custody case could proceed (despite …