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Oct 16, 2009 | Posted by: roboblogger

Little hope for American Business Financial Services investors

Full story: Philadelphia Business Journal

More than $150 million has been collected in settlements with various entities connected to now-defunct payday lender American Business Financial Services , which filed for bankruptcy in 2004 and went out of business in 2005.

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frank scott

Mill Valley, CA

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#1
Jan 12, 2010
 
at what point will those investors who lost money at abfs be able to claim those losses at tax time?

fs

frank scott
email: frankscott@comcast.net

Frank Scott writes political commentary which appears in print in the Coastal Post and The Independent Monitor and online at the blog Legalienate

http://legalienate.blogspot.com

Since: Mar 11

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#2
Mar 16, 2011
 
Mr Scott-
Did you ever get a response regarding your question below? Also, I'm trying to figure out how to handle this on my taxes. Any advice? Section 165 Theft Loss?
frank scott wrote:
at what point will those investors who lost money at abfs be able to claim those losses at tax time?
fs
frank scott
email: frankscott@comcast.net
Frank Scott writes political commentary which appears in print in the Coastal Post and The Independent Monitor and online at the blog Legalienate
http://legalienate.blogspot.com

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