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Chapter 7 Bankruptcy Archives

Overwhelming debt leads to bankruptcy for actor Gary Busey

It can start with an unanticipated medical expense and only worsen with an abrupt job loss. These types of life changes can lead to overwhelming debt, something that people rarely foresee. But once debt begins to pile up, things can begin to look hopeless.

Show me the money: 'Jerry Maguire' inspiration files for Chapter 7

Back in 1996 the movie "Jerry Maguire" came out. The inspiration for the film came from the first sports agent Leigh Steinberg. And while most Florida residents have heard the "show me the money" line from the movie, it turns out that creditors really are asking for money from Steinberg.

Florida developer may be entering Chapter 7 bankruptcy

Naples Bay Resort, a four-star Florida hotel, is reportedly facing an unwanted Chapter 7 bankruptcy. An involuntary bankruptcy petition has been filed by its creditors, and a temporary trustee has been appointed. A final decision as to whether the involuntary bankruptcy will proceed will be made shortly.

Personal bankruptcy can erase financial stress

Many things can lead to financial stress. In general, a job loss, credit card debt and medical debt are all common reasons that many find themselves unable to pay all of their bills on time. And while there are a number of debt relief solutions often available, many end up choosing to file for either a Chapter 7 or Chapter 13 bankruptcy as a way to take control of their finances.

Ice cream company files for Chapter 7 bankruptcy

Citing a drop in sales and rising prices in the industry, an ice cream company that was in business for close to 80 years shut its doors and filed for a liquidation bankruptcy. The business had originally stopped all operations on June 30, but then filed for Chapter 7 bankruptcy on Monday.

Incentive management business files for bankruptcy after 25 years

After having more than $4 million in liabilities than assets, a company that catered toward meeting management and group incentives has filed for bankruptcy. The company, which specializes in performance incentive management, has been in operation for 25 years.

ABA Defending Liberty Pursuing Justice American Bankruptcy Institute The Florida Bar 1950 CFAWL Criminal Florida Association For Women Lawyers Orange County Bar Association
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