Monthly Archives: January 2012

Twinkies maker bankrupt again

By doug | Published: January 13, 2012

The makers of the once popular lunch snack Twinkies and Ring-Dings have filed for bankruptcy for at least the second time. Hostess Brands still has enough cash to keep store shelves stocked for the time being. But the iconic brands they make have been hurt by a shift to healthier eating habits among Americans. Hostess […]

Posted in Bankruptcy News, Just for fun | Comments closed

Lawrence and Methuen shops spared as Friendly’s emerges from bankruptcy

By doug | Published: January 10, 2012

The Friendly’s restaurants in Lawrence, Methuen and Haverhill / Plaistow were all spared when the chain closed a number of it’s Massachusetts stores right before ending its bankruptcy case. Ten Massachusetts Friendly’s were closed on Sunday January 8th, part of 37 which were shuttered last week across the country. the Massachusetts closures were mainly in […]

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Who are ANJ Corp., Midland Funding, LVNV Associates, Portfolio Recovery,and why are they suing me?

By doug | Published: January 6, 2012

Imagine getting a knock on the door and finding a deputy sheriff outside. He hands you a fat envelope and departs without much formality. You’ve been sued. If you’ve fallen behind on your debts, chances are its a creditor who’s suing you. But when you look over the paperwork, the plaintiff is a name you […]

Posted in Credit cards, Practical tips | Comments closed

Kodak: another American institution headed to bankruptcy?

By doug | Published: January 5, 2012

We are just a few days in to 2012, and there is already rumors of another possible big bankruptcy filing from a titan of corporate America. This time it is the Eastman Kodak Company that might consider the protection of bankruptcy court. The firm is practically synonymous with photography world wide, but they have obviously […]

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