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Posts tagged "Chapter 7"

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.

NFL star sentenced for omitting an asset in his Chapter 7 filing

Filing for bankruptcy is a debt relief tool that many Americans have used and will continue to use in order to discharge or reorganize unmanageable and costly debt. And while there is absolutely no shame in filing for any type of bankruptcy, it is important that the filer discloses all financial information, as those who fail to accurately fill out all of the paperwork could end up facing fraud charges in federal court.

Personal bankruptcy filings down for first six months of 2011

When looking at last month as compared to June of 2010 there was a 5 percent decrease in the overall number of personal bankruptcies filed. As of now many analysts are reporting this trend to actually be in the opposite direction of earlier predictions, and has some viewing this decrease as representing an upturn in the economy that had been down for a number of years.

Well-known socialite files for Chapter 7 bankruptcy

Patricia Kluge, a former socialite and entertainer to the rich and famous, has entered into Chapter 7 bankruptcy with her husband William Moses. And while the couple declined to comment on the exact details of the filing, it is known that the two had some business ventures that did not work out.

Bankruptcies down in Florida, but financial times still tough

Even though the number of bankruptcy filings for the U.S. Bankruptcy Court Middle District of Florida is reportedly decreasing, experts are saying that the tough financial times are far from over, and that many will continue to struggle.

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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