Tag: bankruptcy
Gibson Brands, Inc. dba Gibson Guitars Secured Bondholder Recovery in Bankruptcy Court
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*** SECOND UPDATE *** According to a filing in U.S. Bankruptcy Court, the secured bondholders of Gibson Brands, Inc. bonds are set to receive 56…
Business Bankruptcy
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A business bankruptcy can take a number of forms. In a Chapter 7, a corporation may file bankruptcy in order to seek the orderly liquidation…
Filing for Bankruptcy can help you reinstate your driver’s license
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There are several instances in which filing for bankruptcy can help you regain your driver’s license. In the state of Florida, if you are driving…
What is Chapter 12 bankruptcy?
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Chapter 12 bankruptcy is a type of bankruptcy specifically fashioned to either family farmers or fishermen seeking to reorganize or consolidate their debts through bankruptcy…
Weinstein Company Bankruptcy – Harvey Weinstein Pleads “Not Guilty”
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*** FURTHER UPDATE *** In a further development related to the Weinstein Company’s Chapter 11 bankruptcy case, disgraced former CEO Harvey Weinstein today entered “not…
Chapter 7 Bankruptcy
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Chapter 7 of the Bankruptcy Code allows debtors to have their debts forgiven through liquidation. During this process, nonexempt assets are sold and the proceeds…
Gibson Brands, Inc. DBA Gibson Guitars Files For Chapter 11 Bankruptcy Protection
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*** UPDATE TO PREVIOUS ARTICLE *** Ending months of speculation concerning the future of the once iconic guitar manufacturing company, Gibson Brands, Inc., the parent…
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…
Rookie Bankruptcy Paralegal Anthony Rodriguez
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Episode 1: The Journey My name is Anthony Rodriguez. At age 33 I found myself barely making it in the San Fernando Valley located in…
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…