Foreclosure.com parent in Chapter 11 – UPDATE

04 Jan 2010

FFS Data, the parent of Foreclosure.com, has filed for Chapter 11 reorganization, with $27.5 million in debts and only $9.1 million in assets. Its 2009 gross income has so far been reported as $15.7 million. The story broke on SouthFloridaBizJournals.com



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Sharon Hill

Sharon Hill has been a senior writer / analyst with the AIM Group since 2004, except for a two-year time-out to serve as sales and marketing manager for Suburban Newspapers of America. She worked at newspapers in California, the Carolinas and Indiana as a classified advertising sales supervisor and manager, and in newspaper circulation in Alaska. At the SNA, she was responsible for bringing in new members; lining up exhibitors, and helping develop programs for the classified conference and the classified alliance. She is also co-author of “Implementing and Managing Telework: A Guide for those who make it Happen” (Praeger Press) and a prolific blogger and social media user. She is based in Phoenix.