Ditech Alert: Ditech Files Bankruptcy For The 2nd Time In 14 Months

Ditech Alert: Ditech Files For Chapter 11 Bankruptcy For The 2nd Time In 14 Months. Is This The End Of Ditech?

Ditech Alert
It appears the financial troubles for Ditech Holdings is are getting worse. A Ditech Alert has been issued by the company. The company has filed for Chapter 11 Bankruptcy for the second time in 14 months.
The company emerged from Chapter 11 bankruptcy last year after completing a financial restructuring plan that eliminated $800 million in corporate debt and changed its name to Ditech Holding.
But that wasn’t enough to put the company’s troubles behind it. 
The Ditech Alert was issued yesterday by the company. The announcement stated that  Ditech Financial and Reverse Mortgage Solutions have entered into a restructuring agreement with its creditors.

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