Pro Builder
OCTOBER 12, 2022
Just like your personal credit score, your business credit score indicates whether you’re a good risk for paying your debts or not. Lessons Learned From Previous Housing Market Disruptions. This tells lenders a bigger picture of your payment habits or whether you’re missing out on repaying debts. .
Buisness Facilities Contributed Content
MAY 21, 2014
A few hours after the pixels for that post were hatched, Detroit announced it had become the largest city in history to file for bankruptcy protection. This summer, a federal judge will decide whether to approve a plan that would allow the city to exit bankruptcy court by mid-October.
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Buisness Facilities Contributed Content
JULY 3, 2013
by the housing market collapse. In the midst of the Recession, nearly two-thirds of the 50 states were teetering on the edge of bankruptcy. State legislators now are busy arguing over how to spend a budget surplus estimated at up to $4.4 California (along with Florida and Nevada) was hit harder than anywhere else in the U.S.
Contractor Bookkeeping
MARCH 7, 2013
He was not aware of the extent of the problem because the bookkeeper hid the bounced check notices and intercepted the phone calls from the bank, the angry merchants and suppliers by applying for new credit cards in the contractors name to finance the house of cards. At that point he knew something was very, very wrong.
Buisness Facilities Contributed Content
AUGUST 29, 2013
A new $192-million data center will replace the existing National Computer Center located at the SSA Headquarters Campus in Woodlawn, MD, which houses computer operations essential to prompt and accurate payment of benefits to Americans. The company filed for a Chapter 11 reorganization of its debts in U.S.
Contractor Bookkeeping
FEBRUARY 5, 2014
At that, sadly, is during the bankruptcy proceedings or at the auction where their entire construction company is being sold for pennies on the dollar to pay off some of the mountain of debt they accumulated. Example #1 - The contractor asks the bookkeeper "How much money did we make on the John and Mary Doe house remodel?"
Construction Lawyer
SEPTEMBER 22, 2005
« Housing boom leads to copyright litigation increase | Main. | The Bankruptcy Court for the Northern District of Illinois recently ruled that a contractor who falsified waivers of lien engaged in fraudulent conduct and his debt to the bank was non-dischargeable. Waivers of liens: fraud.
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