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April 2012 Archives

Kodak looks for Chapter 11 extension

Eastman Kodak Co., a former titan of the photography and imaging industry and a name well known to many Escondido residents, has asked for more time to file a reorganization plan in the corporation's Chapter 11 bankruptcy process.

Former Oakland Raiders star Warren Sapp files for Chapter 7

Warren Sapp, the former Oakland Raider and Tampa Bay Buccaneer who terrorized quarterbacks throughout the NFL for 13 years, filed for Chapter 7 bankruptcy on March 30. Sapp's filing identified $6.45 million in assets, the more notable of which include a lion skin rug worth $1,200 and 240 pairs of Michael Jordan shoes worth approximately $6,500. He also reported a monthly income of $115,881.

Another Chapter 11 filing for California solar power

In what is sure to ignite more media controversy regarding the merits of solar power, California-based energy company Solar Trust of America recently filed for Chapter 11 bankruptcy. This after representatives from both the federal government and the California government were present when the company broke ground in 2011 on what at the time was billed as the world's largest solar power plant.

Foreclosure relief scam hits Californians close to home

Relief for homeowners has become a popular topic of discussion throughout the nation, and San Diego is no different. And for many families struggling to keep their homes while also dealing with large mortgage debt, there are a number of options to ensure a better financial future.