Monthly Archives: April 2014

Nissan EZ-Charge Cards Benefit ‘No Charge to Charge’ Program

Last year, Nissan announced its “No Charge to Charge” program for drivers of the Nissan LEAF in certain markets. This program will provide drivers of the Nissan LEAF (purchase or lease) with two years of no-cost public charging. Initially, the … Continue reading

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A Fading Middle-Class Perk: Lower Mortgage Rates

Most ordinary homebuyers are paying the same or higher rates than the fortunate few who can afford much more. Rates for a conventional 30-year fixed mortgage are averaging 4.48 percent, according to Bankrate. For jumbo mortgages — those above $417,000 … Continue reading

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The mortgage interest deduction: Its geographic distribution and policy …

Like much of the US tax code, the home mortgage interest deduction (MID) has a complex history. Introduced in 1913, its original purpose was to simplify businesses tax returns almost all interest payments a century ago were business-related, so no … Continue reading

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Gaura, GovTemps to revamp city finances

DeKalb is hiring financial consultants to make the process for City Council approval expenditures more efficient. As part of City Manager Anne Marie Gaura’s financial responsibility initiative, DeKalb has entered into a partnership with GovTemps USA LLC to help with … Continue reading

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CIT Finances Former J&R Music World Transformation

A classic city block is getting ready for a big change. CIT Real Estate Finance provided a $25 million land loan on two non-contiguous retail buildings at 23 and 31 Park Row in Lower Manhattan, sources familiar with the transaction … Continue reading

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Winooski city finances on the right track

WINOOSKI – After receiving news of a clean city audit this year, Winooski City Manager Katherine “Deac” Decarreau recently recalled a moment that sticks out in her mind as one of the low points in the city’s recent financial history. … Continue reading

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Convicted murderer’s father files for bankruptcy

Updated: April 24, 2014 2:05AM The father of a Porter County man who is serving 60 years in prison for murdering Amanda Bach has filed for bankruptcy protection. Joseph McCowan, an officer with the Crown Point Police Department, filed for … Continue reading

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Bankruptcy attorney uses pro bono work to launch debt relief foundation

Starting in 2009, bankruptcy attorney Richard Ravosa began to see more clients showing up in his law firm needing to file for bankruptcy but without money to pay for the service. “They were like legal castaways who had no place … Continue reading

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Bankruptcy court: No longer the bargain basement

Four decades ago, when I began my legal career, bankruptcy sales were held in low regard. They were regarded, and often referred to, as fire sales that were almost certain to attract no interested parties other than bottom feeding liquidators … Continue reading

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Doug Hazel corporation forced into bankruptcy

A Florida corporation owned by Doug Hazel, the son of the late prominent Washington, Mo., businessman Ernest Hazel III, was forced into Chapter 7 bankruptcy Friday. Quail Ridge of Vero Beach LLC’s bankruptcy comes after Hazel Investments LP, which is … Continue reading

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