Disability and the Great Recession
Submitted by the Bond & Botes Law Offices - Tuesday, June 12, 2012
The Great Recession, as this time has become known, has taken quite a toll on the workforce of all American citizens. But even in the best of economic times unemployment rates rank high for people with disabilities. Times of recession tend to cause unemployment among the disabled to soar.
Tribune Finding Its Way Out of Bankruptcy
Submitted by the Bond & Botes Law Offices - Saturday, June 9, 2012
Oaktree Capital Management of Los Angeles has been confirmed as the new owners of the Tribune Co. of Chicago. Once the judge’s order is set in motion, the Tribune could see an end to bankruptcy proceedings by the end of this year.
When a City Files For Bankruptcy
Submitted by the Bond & Botes Law Offices - Tuesday, June 5, 2012
While economists believe there are small signs of a recovering economy, there are currently 5 cities in our nation that would beg to differ as they’ve had to file for various forms of bankruptcy. A myriad of issues from ill-advised fiscal decisions, cash-poor budgets, to low tax receipts and high retiree obligations.
What happens to a city and it’s residents when it falls into bankruptcy?
Are Student Loans the Next Financial Bubble?
Submitted by the Bond & Botes Law Offices - Saturday, June 2, 2012
There are record numbers of student loans out for collection in the United States. The number of graduates who are now due to start paying is rising, but a dim economy has dampened the dreams of many of the grads. Could student loans be the next financial bubble to pop in this country?
Father Sentenced for Stealing Son’s Social Security Benefits
Submitted by the Bond & Botes Law Offices - Thursday, May 31, 2012
Ernest Edgar Black, 57, stole his son’s Social Security benefits was sentenced today by United States District Judge William S. Duffey, Jr. to 15 months confinement which included in a combination of prison, halfway house placement, and home confinement.
Governor Scott Looking for Jobs in Spain
Submitted by the Bond & Botes Law Offices - Sunday, May 27, 2012
Florida Governor Rick Scott spent a week in Europe, though he wasn’t taking a vacation. The purpose of his trip to Europe was to bring jobs to Florida.
For once critics were excited a governor was using taxpayer’s money to take a trip out of the country. Even though taxpayers will foot the bill, if Governor Scott can bring jobs to Florida, the trip will be well worth the expense.
Bankruptcy Epidemic Among Star Athletes
Submitted by the Bond & Botes Law Offices - Tuesday, May 22, 2012
Former Tampa Bay Buccaneers defensive tackle, Warren Sapp filed a 59 page bankruptcy document last month. Sapp helped propel the Bucs from a team with no hope of winning to a team of champions. After thirteen seasons in the National Football League (NFL), nine of them with the Buccaneers and seven of them taking him to the Pro-Bowl, and earning one Super Bowl Championship, he retired from playing the game in 2007.
Foreclosures, Bankruptcies Down As Economy Improves
Submitted by the Bond & Botes Law Offices - Saturday, May 19, 2012
The number of Chattanoogans defaulting on their mortgages or going broke fell below the year-ago level as the economy improved early in 2012. Although these are good signs, foreclosure notices in the first quarter were still up from the fourth quarter of 2011, according to data released by online services, Realty Trac.
Tennessee led the nation in the rate of personal bankruptcy filings in the first quarter of this year, too.
Jefferson County Officials Fear Nursing Home Challenge Will Cost County Millions
Submitted by the Bond & Botes Law Offices - Tuesday, May 15, 2012
A new filing by HealthSouth Corp., according to Jefferson County officials, threatens to cost the county more than $11 million in instant revenues and millions more in expenses, both of which the bankrupt county can’t afford.
West Virginia Woman Fights to Collect $10 Million from Debt Collectors
Submitted by the Bond & Botes Law Offices - Saturday, May 12, 2012
A West Virginia Woman, Diana Mey, won the largest judgment ever against an abusive debt collection – more than $10 million.
From her small-town home base in Wheeling, Mey went after a debt collection empire that hounds people nationwide and won. “I don’t know that I’ll ever collect a dime, but if I can get their operation shut down, that would make me very happy.” She still hasn’t received any money.