The epic bankruptcy of American Business Financial Services Inc., a Philadelphia subprime lender that went belly-up in 2005, foreshadowing the financial crisis of a few years later, is nearing its end.

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BING NEWS:
  • ConvergeOne Reaches Restructuring Deal, Nears Bankruptcy Filing
    (Bloomberg) -- Cloud computing and networking provider ConvergeOne has reached a deal with a group of creditors to restructure its balance sheet and receive fresh equity as part of a potential ...
    04/1/2024 - 1:00 pm | View Link
  • Big fast-food chain nears end after failed Chapter 11 bankruptcy
    It has been a slow, sad end for what was once a popular national brand, and a savior seems unlikely to emerge. When retailers begin the march to bankruptcy, regular customers may notice. The ...
    03/25/2024 - 8:23 pm | View Link
  • Chicago lender Curo goes bankrupt as debt pile takes toll
    Consumer lending conglomerate Curo Group Holdings Corp. and affiliates filed for bankruptcy after failing to outrun a heavy debt load. The Chicago-based company entered court protection with a ...
    03/25/2024 - 8:23 pm | View Link
  • Huge consumer lender misses payments, files Chapter 11 bankruptcy
    But a good-sized consumer lender with retail locations has filed for Chapter 11 protection in 2024. Curo Group files bankruptcy to restructure and eliminate debt Consumer finance company Curo ...
    03/25/2024 - 3:32 pm | View Link
  • Consumer Credit Lender CURO Files for Bankruptcy Under Heavy Debt Load
    CURO Group Holdings has filed for Chapter 11 bankruptcy with a restructuring agreement reached with creditors, after the consumer credit lender faced a host of difficulties including rising ...
    03/25/2024 - 9:43 am | View Link
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  • Flame-throwing Robot Dog Hits The US Market
    The Daily Dot, Wednesday - 04/24/2024 - 05:08 PM

    I'm not sure why anyone would need a robotic dog equipped with a flamethrower but whatever floats your boat. The Ohio company that makes these things assures us that they're perfectly legal in 48 states (though not Maryland and one other one). And they are just expensive toys, a Unitree Go2 robot quadruped souped up with some fancy electronics and a bit of lethality in the flamethrower.

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  • Fox: Never-Trumper Zoom Meetings Are Grand Conspiracy
    The Daily Dot, Wednesday - 04/24/2024 - 05:08 PM

    Oh noes. a bunch of legal analysts and never-Trumpers who appear regularly on some other networks are having weekly Zoom meetings! It's a "legal conspiracy." I find it pretty rich that the network that's been coordinating its talking points with Republicans since its inception is angry that anyone who doesn't like Trump, and appears on television somewhere else, is speaking with each other when they're not on the air. Here's Fox & Friends First hosts Carley Shimkus and Todd Piro talking to guest Joe Concha about a recent article in Politico's article on the meetings, which have been going on for years and are nothing new, on this Wednesday morning's show.

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  • Biden Punks Trump: Instead Of Veins, Bleach Went Into Trump's Hair
    The Daily Dot, Wednesday - 04/24/2024 - 03:14 PM

    President Biden gave a speech to the North America's Building Trade Union in which he targeted Trump's claims of shooting bleach into your veins to fight Covid-19. NABTU just endorsed President Biden and described Trump as a "dangerous threat to the nation." By the way, remember when he was trying to deal with COVID, he said, just inject a little bleach in your veins. He missed, it all went to his hair. I shouldn't have said that. You guys are a bad influence on me. Okay. read more

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  • Desperate Donald Calls For Republicans To 'TAKE ACTION' Amid Legal Woes
    The Daily Dot, Wednesday - 04/24/2024 - 03:12 PM

    Twice impeached and four times indicted, former President Donald Trump issued a desperate plea for help to his Republican allies on Truth Social amid his hush-money case. Trump wrote at 2:00 AM, so he isn't getting much sleep. It shouldn't be called a hush-money case, though, since it's about Donald interfering in the 2016 election.

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  • Trump Can't Land A Mall Job, And He Shouldn't Be President
    The Daily Dot, Wednesday - 04/24/2024 - 03:11 PM

    Republican Voters Against Trump made a powerful ad. Donald Trump was charged with 88 felonies and was found liable for sexual assault. He could not get a job in a retail store for minimum wage. If the former president is too big a liability to get a job at a local mall, he is too big a liability to lead the United States. Trump is making history this week, as the first ex-president to have a criminal trial.

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  • LOL! Polls Show RFK Jr Taking Votes From Trump
    The Daily Dot, Wednesday - 04/24/2024 - 03:00 PM

    Two new high-quality polls suggest an electoral dagger could be coming for Donald Trump—if their findings persist. Both polls, from Marist College and NBC News, show third-party candidate Robert F. Kennedy Jr. siphoning more support away from Trump than President Joe Biden. The potential emerging trend was first spotted by The Washington Post's Aaron Blake. In the NBC poll, Biden trailed Trump by 2 points in the head-to-head matchup, 44% to 46%.

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