| Coldwell Banker Office Owner Files for Chapter 7 Bankruptcy
During the slow real estate market, only the strong survive. A residential real estate broker recently closed its doors in the South Bay area. Joel Forral, owner of Coldwell Banker Alliance in Chula Vista, filed for Chapter 7 bankruptcy in the federal bankruptcy court in San Diego in September. In Chapter 7 or liquidation bankruptcy, the debtor turns over all nonexempt property to a trustee, who sells it for the benefit of creditors. According to court documents, Forral listed liabilities in excess of $6.38 million and assets of $2.4 million. His filing indicated that he owes personal and business taxes, as well as money to utilities linked to Coldwell Banker Alliance, franchise fees and money for advertising expenses. David Siroty, a spokesman at the Coldwell Banker corporate offices in Parsippany, N.J., says the company was told in midsummer that Forral sought legal counsel on closing his franchise.
Coldwell Banker Caine recognizes top producers
ANDERSON COUNTY Three sales associates from Coldwell Banker Caine's Anderson office — Hugh Durham, Debbie Dorn and Chad Byce — were the company's Top Anderson Producers for the fourth quarter of 2007. Roz Inc. was the quarter's Top Team. The honorees were recognized for highest production earned from among 30 area-based sales associates. Mr. Durham is past president of Coldwell Banker Hugh Durham & Associates and has more than 35 years of experience in the real estate industry. He is a graduate of the Realtor Institute and past president of the Anderson Association of Realtors. Mr. Durham is a member of the Tri-County Technical College Foundation and Whitefield Fire Department boards, and is a deacon and teacher at Whitefield Baptist Church. Ms. Dorn has more than 25 years of real estate experience.
Click here to view the list of recent Press Releases from ClickCulture
Lloyd Jacobs, CEO of ClickCulture, has announced that the firm has been named the interactive agency of record for Coldwell Banker Howard Perry and Walston, the largest full-service residential and real estate company in the Triangle. ClickCulture is redesigning the firm’s Web site to make it more... - December 31, 2007 .
Day 2: In others' hands
Every year, more elderly move into nursing homes and other long-term care facilities -- dependent on the skill and dedication of nurses, aides and others. Now the aging baby boom generation is poised to further stretch a system that becomes dangerous when homes don't have enough staff, don't train workers well and suffer from high turnover, experts said. Although much is done to try to protect residents in long-term care, the regulatory safety net has holes, the Wisconsin State Journal found in an eight-month investigation of elder abuse in the state. The newspaper's findings, culled from interviews with dozens of experts and a review of hundreds of pages of government reports and databases, show: .
Day of reckoning in the US glasshouse
There is a growing consensus: America is going into a marked slowdown, if not a downright recession. There will be a large gap between potential growth – usually estimated at 3 per cent to 4 per cent – and actual growth, meaning lost output of hundreds of billions of dollars. America actually faces three separate but related problems; a credit crunch, a debt crisis and a macroeconomic problem. A decade ago, America roundly criticised the countries of East Asia for their lack of transparency and inadequate regulation. But, as the old aphorism goes, people in glass houses shouldn’t throw stones. Money was lent to hundreds of thousands of Americans beyond their ability to pay. What was called financial innovation meant that borrowers didn’t even have to pay the accrued interest; at the end of the year, they owed more than at the beginning.
Victories for Clinton and McCain reshape race
Look closely. Obama gets house for $300,000 below market value? How many people even have a house in America worth $300,000? He took this money from a slum lord that he himself has said is a friend of over 15 years, but somehow only performed 5 hours of work for during this time? The person is a known slumlord and influence peddler under indictment and is a recipient of over $43 million in taxpayer's dollars in Obama's area for repair of the slums of the poor. And Kennedy and Obama are supposed to be supporters of the poor. Kennedy is no supporter except of Kennedy. He is anti-everything that he could not have (real political power) and pro-anything he thinks he can stir up. Stirring up can be a good thing, I like change, but change to inexperience and a willing recipient of gold from the corrupt are not qualities of a President.
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