Credit scores are important to lenders because they are considered a good predictor of the ability and likelihood of people to pay back credit that is extended to them. That is why those with higher credit scores are able qualify for more loans at much better interest...
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Month: May 2014
Coldwater Creek’s Chapter 11 exit strategy disputed by creditors
If you have visited a mall or shopping center in New Hampshire, then you may have shopped in or walked past a Coldwater Creek store. This women’s clothing retailer has filed for Chapter 11 bankruptcy and has undergone liquidation sales and proposed their...
GM heads back to bankruptcy court to stave off class action suits
New Hampshire residents may have seen General Motors in the news a lot recently due to the company’s courtroom battles. Those who may have been affected by General Motors alleged use of defective ignition switches in some of its cars may soon experience a new...
More doctors want payment up front due to rising medical debt
Once upon a time people with health insurance could enter a doctor’s office and feel assured of obtaining treatment even if they didn’t immediately have enough money to pay their entire deductible for the care they were about to receive. A friendly...
Retailer reaches Chapter 11 deal on unsecured debt
In follow-up to a recent story regarding a specialty retail corporation, a milestone has been hit in its quest to restructure its debt. Brookstone Holdings Corp., which has filed for Chapter 11 bankruptcy, has come to an agreement with unsecured creditors. This...
