| UPDATE 3-US credit card issuer Advanta files for bankruptcy |
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The Spring House, Pennsylvania-based company and more than a dozen affiliates filed for Chapter 11 protection late Sunday with the U.S. bankruptcy court in Delaware. The... More »
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Interactive Investor International - Nov. 9, 2009
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| Small-Business Card Company Files Ch. 11 |
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Posted by: John Tozzi on November 09 Advanta Corp., once one of the largest credit card lenders to small businesses, filed to reorganize under Chapter 11 bankruptcy... More »
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BusinessWeek - Nov. 9, 2009
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| Advanta files for Chapter 11 bankruptcy |
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Its shares plunged more than 70% in midday trading Monday, dropping 25 cents to 8 cents. Earlier in the session, the stock hit an all-time low of 7.5 cents. The filing late... More »
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USA Today - Nov. 9, 2009
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| Advanta circles the drain |
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Five months after shutting down its credit card accounts, Advanta is filing for Chapter 11 as it battles mounting debt defaults. NEW YORK (CNNMoney.com) -- Small business... More »
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CNN Money - Nov. 9, 2009
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| BRIEF-Advanta says files voluntary petition for... |
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SAYS FILES A VOLUNTARY PETITION FOR REORGANIZATION UNDER CHAPTER 11 OF THE U.S. BANKRUPTCY CODE. SAYS HAS NEARLY $100 MILLION CASH AND EQUIVALENTS ON HAND, BUT OVER TIME... More »
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Interactive Investor International - Nov. 8, 2009
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| US credit card issuer Advanta files for bankruptcy |
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* Says Advanta Bank Corp not included in filing * Advanta Bank capital below regulatory requirements * Shares tumble to 8.5 cents (Edits, adds details from court filing,... More »
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CNN Money - Nov. 9, 2009
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| Advanta Corp. Files for Chapter 11 Bankruptcy |
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Small business credit card lender Advanta Corp. has filed for Chapter 11 bankruptcy protection. Its shares plunged more than 70 percent in midday trading Monday, dropping 25... More »
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ABC News - Nov. 9, 2009
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| Bankruptcy filing is a blow to small business |
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NEW YORK (CNNMoney.com) -- Small business credit card lender Advanta has filed for bankruptcy, five months after it cut off new lending on its 1 million customer accounts.... More »
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CNN - Nov. 9, 2009
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| Bankruptcy filing is a blow to small business |
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Five months after shutting down its credit card accounts, Advanta is filing for Chapter 11 as it battles mounting debt defaults. NEW YORK (CNNMoney.com) -- Small business... More »
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CNN Money - Nov. 9, 2009
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| UPDATE 2-Advanta files for bankruptcy protection |
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In the filing with the U.S. Bankruptcy Court for the District of Delaware, Advanta listed total assets of about $363 million and total debt of about $331 million. The... More »
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Interactive Investor International - Nov. 8, 2009
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