There are signs that the economy is improving, whether it is fewer foreclosures, a lower unemployment rate or less consumer debt. There is still a long way to go. Homeowners are still struggling to pay their mortgages and keep their houses. There are still those who have already lost their homes because of a faulty system.
Many Florida residents may be familiar with the deep-dish pizza chain Giordano's. And while the company filed for Chapter 11 bankruptcy about 10 months ago, it was recently announced that an investor group has acquired the company.
A couple who owns a Florida hotel recently filed for a personal Chapter 11 bankruptcy. And while the reasons for the bankruptcy filing were not immediately available, it is known that the hotel property is not included in the bankruptcy filing and that the couple has been involved in a number of real estate transactions and deals in the state.