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Posts tagged "Chapter 7"

Digital advertiser files for Chapter 7 bankruptcy

CommonSense Media is a digital advertising network that was founded by a film producer and describes itself as a "digital alliance" of advertisers and publishers. The company has now filed for Chapter 7 bankruptcy to liquidate all of its tangible and intangible assets. Founded in 2007, the company was a leftist-leaning political organization that featured many news sites and blogs among its creditors. Florida companies, as well as those in other parts of the country, may choose to file Chapter 7 or Chapter 11, depending on their creditor structure and the goals of the bankruptcy. The owner is listed among the 48 creditors as well as the managing director. A meeting of creditors is scheduled to determine what assets may be available to pay the company's debts. The company reportedly has a total of $25,500 in accounts receivable and bank account funds.

Unpaid medical bills? Bankruptcy could be an option

Any Florida resident with unpaid medical bills will tell you that medical debt is frustrating. It is not like anyone wants to have unplanned medical emergencies. Yet, when an emergency happens, there is no other choice than to get the medical attention that is needed.

Shoe store seeks conversion from Chapter 11 to Chapter 7

It does not matter how long a company has been in business: No business is immune to financial difficulties. For the owners, this of course can become quite stressful, especially in situations where the business has been in the family's name for quite some time.

South Florida bankruptcies drop as holiday season ramps up

The U.S. Bankruptcy Court in Miami released some promising statistics about the financial state of South Florida: bankruptcies in the area fell roughly 10 percent in November compared to October. Officials say the decline in personal bankruptcies is due to the holiday season, and that a decline can be expected in December as well.

Braxton feels foreclosure woes like many Florida residents

Back in September 2011 we posted about a judge granting singer Toni Braxton a bankruptcy discharge. This came after the award winning singer filed for Chapter 7 bankruptcy in 2010. This was the second time the singer had filed for personal bankruptcy. The first time was in 1998.

Sarasota home building company files for Chapter 7

One of the home building companies approved to work in Lakewood Ranch in Florida recently filed for bankruptcy. This move has left many wondering just what will happen to the roughly 30 homes the company has already sold but has yet to complete. Of those sold, construction has reportedly not even started on 18 of the homes.

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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