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Economy, Lay Off & Bankruptcy News |
 U.S.
Manufacturing Shrank in June But Increase in New Orders May Lead
to Rebound Later in Year advertisement By John M. Berry
Washington Post Staff Writer Wednesday, July 2, 2003; U.S.
manufacturing activity contracted in June for the fourth month
in a row, but it did so only slightly while a rising number of
new orders indicated the sector will expand in the second half
of the year, the Institute for Supply Management reported
yesterday. |
Stock rally reloaded Tech forecasts bring investors back in after
two days of selling. Major indexes higher on week NEW YORK
(CNN/Money) - Stocks surged Friday, with buyers raring to rally
after a two-session selloff. The Nasdaq and the S&P 500 carved out
a fourth week of gains, while the Dow saw its second up week. |
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Daisytek files for bankruptcy Allen-based Daisytek
International Corp. has filed for Chapter 11 bankruptcy
protection, a month after its U.S. units declared bankruptcy.
The office supply distributor said it is unlikely that its
shareholders will realize any value from the company's Chapter
11 case. |
Motley Fool March 17, 2003, Mathew Emmert Spiegel, the
parent of Eddie Bauer stores and cataloguers Spiegel and Newport
News, filed for bankruptcy protection today. The company listed
assets totaling $1.73 billion and liabilities of $1.70 billion,
which leaves about 12 bucks in stockholder's equity |
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NEW YORK (CNN/Money) July 7, 2003 - U.S. unemployment rose
to its worst level in nine years in June as businesses cut
thousands of jobs, the government said Thursday.
Unemployment rose to 6.4 percent from 6.1 percent in May, the
Labor Department said. That's the highest level since April
1994. It was also worse than the forecasts of economists, who on
average expected a jobless rate of 6.2 percent, according to a
Reuters poll. |
WASHINGTON (CBS.MW) -- The U.S. labor market weakened
significantly in April, as companies shed jobs for the third
straight month while the unemployment rate jumped to 6 percent.
"The report's details ranged from catastrophic to dismal," said
Sherry Cooper, chief economist at BMO Nesbitt Burns.
Non-farm payrolls fell by 48,000 in April, on the heels of
losses totaling 124,000 in March and 353,000 in February. Along
with downward revisions to February and March totaling 12,000,
the April decline more or less matched economists' expectations |
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Lay Off News |
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Professional Software Solutions
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Bankruptcy Master version 2004 offers practice management solutions for
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professionals in legal, collection and credit industries.
 The
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7, 11, 12 and 13 bankruptcy. |
Chapters 7, 11, 12, 13
Voluntary Petition
Schedule A, B, C, D, E, F, G, H, I, J
Summary of Schedules
Declaration of Schedules
Disclosure of Compensation
Notice to Individual Consumer Debtor
Statement of Financial Affairs
Matrix of Creditors
Statement of Intentions
Chapter 13
Chapter 13 Plans
Chapter 13 Local Rules
Chapter 13 Notice
Chapter 11
Twenty Largest Creditors
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For Consumers: WinCredit Card Applicant |
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Bankruptcy Reforms Act 2001-2002
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 Washington
poised to change federal bankruptcy laws, Elizabeth Skrapits , Citizens'
Voice Staff Writer 05/08/2003 For seven years, Congress has
been trying unsuccessfully to pass an act that would reform federal
personal bankruptcy laws. Now the legislation is coming up
again, and bankruptcy specialist Attorney Carlo Sabatini fears if
passed, it will make things more difficult for the average person to
declare bankruptcy.
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 8.6%
Jump (Record Number File for Bankruptcy)
WASHINGTON (AP) - Consumers and businesses amassed so much
debt in recent years that record numbers filed for bankruptcy protection
for the second year in a row, the Administrative Office of the U.S.
Courts said Wednesday, August 14, 2002. |
 Despite debts, actor
Burt Reynolds was able to take advantage of Florida's liberal bankruptcy laws allowing him to
keep his luxury home while paying his creditors a fraction of what
they were owed. (1997 file photo; AP Photo/Gregory Smith, File) |
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Bankruptcy Reforms |
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