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A 34% decline in foreclosure filings sounds like good news, but according to Brandon Moore, the CEO of REalty-Trac, this is largely because of the foreclosure freeze brought about by robo-signing.

Foreclosures in 2011 are reported to have taken 348 days to complete compared with 305 days in 2010. This doesn’t speak well of robo-signing, as that data would reflect a mere 43 day (13%) savings in time for doing something illegal.

Bankruptcies have also seen a reduction in the last year by about 12%. However consumer spending was still on the decline in 2011.

Although they have no belts to tighten, Texas prisoners have had their meals cut down to two a day each weekend and have been on this schedule since April 2011. These budgeting measures are purported to come as a response to severe shortfalls in tax revenues for the state.

Florida has taken the stance that rehabilitation and shorter jail time for non-violent prisoners makes more sense as outlined in Cynthia Veintemillas’s blog.

Other, more unique, budgeting mechanisms would be Georgia’s Camden County’s inmates-to-firefighters proposal. That’s right, inmates become fire fighters. Although the county does estimate that it would save a half million a year if they went through with the project, it defies reason to think that people would want a violent criminal axing down their bedroom door to “save them”.

Bain Capital, co-founded by Presidential Candidate Mitt Romney, has been hired by AMR Corp. to streamline their work force of 88,000 employees. Apparently, American has already stated that there will be layoffs. This is not much of a surprise as one of the hottest political topics today surrounds Romney’s business policies regarding cost-cutting job termination.

American Eagle should not be confused with the clothing line. This American Eagle is owned by the same parent company as American Airlines.

It’s not just employees that are set to be cut, according to The Wall Street Journal, there will likely be a surrender of 21 aircraft to their financier and some flight routes will be no longer be available.

Twinkies have been around more than eighty years and during that time they’ve become something of a cultural icon. In the recent blockbuster hit, Zombieland, there is a comedic interplay between the gruff main character, Tallahassee, and his affectionate nostalgia for the childhood treat. Even President Bill Clinton is reported to have placed a Twinkie in a time capsule as a child.
Unfortunately for Twinkie lovers everywhere the Hostess company has not been doing well. This Chapter 11 case is its second in the last few years and it still remains $860 million in debt. Informally, two quick Chapter 11 bankruptcies are called a, “Chapter 22”. A “Chapter 22” is generally done when a business is going to be completely liquidated, which I don’t believe is the case with Hostess. Movie Gallery Inc. and Polaroid Corp., were forced to liquidate upon their second Chapter 11, but two more obscure companies, Hayez Lemmerz International and Pliant Corp., an auto and packing company respectively, survived multiple bankruptcies.
If Hostess is liquidated, it’s assets will be sold to the highest bidder. This fact alone will not mean the end of the iconic Twinkie. Whoever buys the Twinkie rights will likely produce it just as we remember. Hopefully for Hostess, they’re successful in avoiding liquidation, but either way, I think we’ll see our beloved Twinkie around for another 80 years.

With shares dropping 50% from last year, it comes as no surprise that Sears Holdings Corp., which owns both Sears, Roebuck & Co. and Kmart Corp., is closing stores more than 100 stores. The graph above shows a 84% decrease in income for the company since it first acquired Kmart.

The fall is an interesting development coming on the heels of Sear’s CEO Edward Lampert pay out of a record $1 billion dollar income in 2004.

It is impossible to tell what the future holds for these companies, but I speculate that they will eventually file a Chapter 11 (Kmart did a few years ago) or that the company will be divided into smaller parts, Lampert selling off the less profitable portions and attempting to recover on the more profitable ones. Unfortunately, the brunt of the fall will be felt by the employees, who will lose their jobs and may be forced into bankruptcy themselves. Lampert, with a one year income of over a billion dollars, probably won’t be so unfortunate.

December is often a hard time for families to pay their bills. Often in January, people begin to think about filing bankruptcy. This can be a problem because one of the things that must be done prior to filing a bankruptcy is to have filed all previous tax returns including the current year. It is virtually impossible to file your tax returns in January for most people. To reward those who file by the end of the year, we are offing a $500 discount on Chapter 7 Bankruptcy filings. Court fees and costs are not included and generally run $301. To find out more about filing bankruptcy contact a Jacksonville Bankruptcy Lawyer or visit our Jacksonville Bankruptcy Lawyer Blog.

The Law Office of David M. Goldman has decided to do 12 great specials for our new and existing clients. Some of the specials will only be valid for the day they are mentioned, but we will honor this special as long as you contact us about it by December 25th and pay for it by the end of the year.

If you want to be the first to find out about the special offers by the Law Office of David M. Goldman for the remaining 12 Laws of Christmas, be sure to check this blog daily or subscribe to our blog updates.

Just because it is the holidays doesn’t mean domestic violence incidences come to a screeching halt. In fact, the opposite can be true. Many reports suggest that domestic violence rates increase during the holidays.

As the Holiday season approaches Law Office of David M. Goldman’s Personal Injury Attorneys would like to offer our new clients an opportunity for a Free Consultation and a Reduced Contingency Fee agreement of only 25% maximum. Note fees and costs are extra as with any PI case. This is 15% below the normal contingency fee and represents a significant reduction legal fees which could result in more money in your pocket. This offer applies to any new Jacksonville Personal Injury case with a signed fee agreement. Don’t let the Holiday season get the best of you, contact us today!

The Law Office of David M. Goldman has decided to do 12 great specials for our new and existing clients. Some of the specials will only be valid for the day they are mentioned, but we will honor this special as long as you contact us and have a signed fee agreement by 12/31/11.

Interested in a Gun Trust or one of our new Asset Protection Gun Trusts? This special is for today only. If you contact us by email or telephone today, we will knock $100 off the price of your Gun Trust. To learn more about what a Gun Trust is visit the Gun Trust Lawyer® Blog If you contact us after hours on Dec
The Law Office of David M. Goldman has decided to do 12 great specials for our new and existing clients.

If you want to be the first to find out about the special offers by the Law Office of David M. Goldman for the remaining 12 Laws of Christmas, be sure to check this blog daily or subscribe to our blog updates.

This special is for any new or existing Foreclosure Defense clients and can offer you a substantial discount and save you a substantial amount of money. While we understand that not everyone will be able to take advantage of the offer, for those of you who can it should be considered. If you pay for 2 months of Foreclosure Defense we will give you a credit for an additional month at no charge. For more information on Strategic Default or Foreclosure Defense in Florida, please see the target=”_blank”>Florida Foreclosure Defense Lawyers Blog.

The Law Office of David M. Goldman has decided to do 12 great specials for our new and existing clients. Many of the specials will only be valid for the day they are mentioned, but we will honor this special as long as you contact us about it by December 25th and pay for it by the end of the year.

If you want to be the first to find out about the special offers by the Law Office of David M. Goldman for the remaining 12 Laws of Christmas, be sure to check this blog daily or subscribe to our blog updates.

If you or a family member has been accused or are under investigation for a Crime and are looking to hire a Florida Criminal Defense lawyer to represent you, we have an offer that may make it easier to hire an attorney around the end of the year. The Law Office of David M. Goldman is offering to reduce any new retainer by $500 for representation for a felony or misdemeanor crime. For more information, you may review the Jacksonville Criminal Defense Lawyers Blog.

The Law Office of David M. Goldman has decided to do 12 great specials for our new and existing clients. Many of the specials will only be valid for the day they are mentioned, but we will honor this special as long as you contact us about it by December 25th and pay for it by the end of the year.

If you want to be the first to find out about the special offers by the Law Office of David M. Goldman for the remaining 12 Laws of Christmas, be sure to check this blog daily or subscribe to our blog updates.