Category: Filing For Bankruptcy
Chapters In Bankruptcy: A Short Primer
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RE: CHAPTER 7, 11, & 13 BANKRUPTCIES This article is intended to provide background information on, and will discuss three chapters of the United States…
Connecticut – a Legacy of Debt and the Possibility of Chapter 9 Bankruptcy
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The State of Connecticut ended the 2017 fiscal year on a note of financial doom. As of the end of December, 2017, the state had…
Chapter 9 Bankruptcy – Santa Cruz, CA & Calpers Pension Crises
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The City of Santa Cruz, CA is one of the latest municipalities to fall into what some have called a “…disturbing trend that will end…
Public Sector Pension Plans: A “Ticking Time Bomb”
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According to a December, 2017, washingtonfreebeacon.com report “…unfunded liabilities of state public pension funds increased by $433 billion over the past year and presently exceed $6…
PUERTO RICO & BANKRUPTCY
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The island of Puerto Rico is officially a Commonwealth of the United States. Puerto Ricans are citizens of the United States who share many of…
The Weinstein Company Files For Chapter 11 Bankruptcy After 5-Month Delay
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****** MARCH 20218 UPDATE ****** BREAKING NEWS THE WEINSTEIN COMPANY FILES FOR CHAPTER 11 BANKRUPTCY AFTER 5-MONTH DELAY The Weinstein Company – founded by embattled…
Harvey Weinstein / The Weinstein Company – Chapter 11 Bankruptcy in the Offing as Sale Talks Fail
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“Born under a bad sign, been down since I began to crawl if it wasn’t for bad luck, I wouldn’t have no luck at all…”…
Hcr Manorcare, Inc. – $7 Billion In Debt – Files For Chapter 11 Bankruptcy
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HCR Manorcare, Inc., the second largest nursing home operator in the United States, has filed a voluntary petition for Chapter 11 Bankruptcy. The Toledo, Ohio-based…
Remington Outdoor, Co. (Remington Arms) Set To File Chapter 11 Bankruptcy
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Iconic arms manufacturer Remington Outdoor Company (operated for nearly two hundred years as the Remington Arms Company) is on the brink of filing a voluntary…
Bon-Ton Stores, Inc. – Demise Or New Lease On Life After Chapter 11 Bankruptcy Filing?
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Earlier this week, The Bon-Ton Stores, Inc. took its multi-chain brand of department stores into Chapter 11 bankruptcy. The action makes the regional chain of…
Home Owners’ Association Dues in Bankruptcy
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Homeowners’ Associations are a fact in Florida, from the Deed-Restricted Communities to the Condominium Associations and Co-ops, many Floridians pay Monthly, Quarterly or Yearly Assessments…
ITT TECH: AN EPIC FAILURE ON MANY LEVELS
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Many people in the United States would be surprised to learn that the profit motive in “higher education” is not something that just magically appeared…