On Friday, First Manhattan Developments REIT asked the Southern District of New York bankruptcy court to dismiss the chapter 11 case of 785 Partners LLC, which was filed on August 3, 2011. 785 Partners LLC owns real property known as, and located at, 306 West 48th Street, or 785 Eighth Avenue, New York, New York. A 42-story building was constructed on the property with the intent to sell 122 condominium units in bulk to take advantage of a tax abatement available under the New York City Department of Housing Preservation and Development §421-a. The developer has not obtained the requisite condominium approvals from the New York State Attorney General, however, so none of the condominium units have been sold and the building is unoccupied.

Read more about the project and the dismissal motion after the jump.

In July, First Manhattan Developments REIT acquired its claims from PB Capital Corporation, as Administrative Agent for lenders PB Capital Corporation and TD Bank, N.A., which initially provided $84 million in secured financing to 785 Partners in January 2007. Read all post…

If both of you have joint accounts and both of your incomes can not pay the bills and make ends meet then both of your names will be in both of your names since the debt is in both of your names. This means that both of your credit will be ruined for 7-10 years.

Being married does not necessarily mean that both of you have to file for bankruptcy. The creditors hold the person who signed the contract responsible for repayment of the loan. If the spouses name is not on the contract; then they have nothing to worry about and they will not be held liable for the repayment of the loan.

However if you combine both of the incomes and you can make ends meet and want to save your credit; then I highly recommend that you do everything possible to avoid filing bankruptcy. Once you file then that mark will be on your credit report for 7-10 years and will make it almost impossible to get anything that you need.

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If you plan to get a credit card any time soon, consider an instant approval card.  Here are 5 great reasons why you should:

There is no need for you to visit a bank or a credit card company’s office to fill out an application form and apply for a credit card.  You can conveniently apply for an instant approval card wherever you are as long as you have access to the internet.  Upon submission of your application, you can expect a response from the issuer within just a few minutes.  If your application is approved, you credit card will be sent to your home address via postal mail in 4 to 5 banking days.

Paying for monthly bills is a task you need to accomplish regularly. Insta

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It’s Friday again! Hope you’ve had a fabulous week.  The summer heat is rising, and we hope your credit scores are climbing too.  Here’s a few blogs that will make you laugh and shed some new light on the management of your finances and scores.  Check them out below and let us know if you’ve seen a site worthy of making the list.

Ask Liz Weston How to Score 800+

Credit Card Assist Company Credit Card Payments Effecting Your Personal Credit Score?

Faithful with a Few 4 Reasons That People Fail With Their Finances: What I Have Learned As a Credit Counselor

You Have More Than You Think How to Identify a Money Leech

An unsecured bad credit credit card is a type of credit card that is particularly intended for individuals with bad credit standing. Since regular credit cards can only be acquired by people with good to excellent credit scores, credit card companies came up with a type of service that will help people with bad credit improve their credit scores and qualify for regular financial assistance.

Unsecured credit cards for bad credit are just like regular credit cards. It can be used to for payment at any establishment that accepts credit card payments, online transactions, automatic payments and other basic service that credit cards offer.

The differences that unsecured bad credit credit cards have over regular credit cards are interest rate, repayment terms, and basis of how the credit company determines the applicant’s credit limit. S

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The news has been pulsing with shockwaves of infidelity from prominent politicians and celebrities. While many of these stories revolve around an extra-marital affair (or five), there is a quieter type of cheating that catches many spouses off guard: financial infidelity.

Your spouse’s financial indiscretions while you are married can ruin your credit, whether you know about them or not. Did one of you open a credit card, go on a whirlwind shopping spree and not tell the other? During divorce proceedings, this debt will come to light and you may both be equally responsible. If bills have gone unpaid, IRS debts remain unresolved, or outstanding loans are headed to collection, most states require that both parties be held responsible.

Divorce proceedings can be complicated and extremely messy, and can financially ruin everything you have built for yourself, including your credit score. O

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Are you looking for Georgia Car Title Loan providers? Well, if yes, then you have just landed to the correct page. You may find several loan services available in the market. However, it can be very hectic for one to search for a reliable company, which can provide him or her with the best possible services. Moreover, these loan-borrowing processes are generally quite time consuming. Thus, searching your entire city and hopping from one office to the other in a hope that someday you will find the ultimate solution, is not at all acceptable in a situation, when you urgently need the loan.

This is where online Georgia car title loan providers can be of great help. You will not believe this, but with the online loan providers, you can get your job done within an hour. Now, if you are worried about the credit check procedure, then you will be glad to know another fact. Read all post…