jayweller.com

1-800-407-3328

Schedule Free Consultation

Schedule Free Consultation






    Tag: bankruptcy

    • Clearwater, St. Petersburg, & Pinellas County Florida Fun Facts

      Clearwater, St. Petersburg, & Pinellas County Florida Fun Facts

      —

      by

      (From THE “Fun Fact Factotum” ) Clearwater… St.  Petersburg… and Pinellas County… All are situated in the State of Florida. All are sited along or immediately near the Central West Florida coastline along a 55-mile long stretch of the Gulf of Mexico. The longitudes and latitudes of the three geographical locations vary slightly. Those are:…

    • Reaffirmation Agreements In Bankruptcy

      Reaffirmation Agreements In Bankruptcy

      —

      by

      The primary thrust of Chapter 7 Bankruptcy cases is to deal with consumer debts in such a manner as to ultimately “discharge” them – i.e. eliminate the obligation to pay certain types of debt and get a “financial fresh start”. While not all debts are subject to “discharge”, many of them – primarily “consumer debts”…

    • THE “MEANS TEST” IN BANKRUPTCY (Chapter 7) – Part III

      THE “MEANS TEST” IN BANKRUPTCY (Chapter 7) – Part III

      —

      by

      Part III of Three Related Articles [See related articles on this blog: The Bankruptcy Abuse Prevention & Consumer Protection Act (BAPCPA), “Part I, Rationales”&“Part II, Changes in Bankruptcy Law”] After passage of the BAPCPA in 2005, anyone wanting to file for Chapter 7 bankruptcy relief was faced with the new requirement of having to pass…

    • BANKRUPTCY ABUSE PREVENTION & CONSUMER PROTECTION ACT OF 2005 (BAPCPA) Part II

      BANKRUPTCY ABUSE PREVENTION & CONSUMER PROTECTION ACT OF 2005 (BAPCPA) Part II

      —

      by

      Part II – Changes in Bankruptcy Law [See related articles on this blog: The Bankruptcy Abuse Prevention & Consumer Protection Act (BAPCPA), “Part I, Rationales” &Part III The “Means Test in Bankruptcy”] The enactment of the Bankruptcy Abuse Prevention & Consumer Protection Act (BAPCPA) in April, 2005, wrought significant changes in the law embodied in…

    • THE BANKRUPTCY ABUSE PREVENTION & CONSUMER PROTECTION ACT OF 2005 (BAPCPA) Part I

      THE BANKRUPTCY ABUSE PREVENTION & CONSUMER PROTECTION ACT OF 2005 (BAPCPA) Part I

      —

      by

      Part I–Rationales [See related articles on this blog: “The Bankruptcy Abuse Prevention & Consumer Protection Act (BAPCPA), ‘Part II, Changes in Bankruptcy Law’, and “Part III, The Means Test in Bankruptcy”] The Bankruptcy Abuse Prevention and Consumer Protection Act (BAPCPA) was a “bankruptcy reform” measure passed by Congress during the fifth year of the Bush…

    • Gibson Brands, Inc. dba Gibson Guitars Secured Bondholder Recovery in Bankruptcy Court

      Gibson Brands, Inc. dba Gibson Guitars Secured Bondholder Recovery in Bankruptcy Court

      —

      by

      *** SECOND UPDATE *** According to a filing in U.S. Bankruptcy Court, the secured bondholders of Gibson Brands, Inc. bonds are set to receive 56 cents on the dollar for the $383 million in debt that they hold in the iconic guitar maker’s business. Senior secured bondholders, led by KKR & Company, were informed in…

    • Business Bankruptcy

      Business Bankruptcy

      —

      by

      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 of its enterprise. In a Chapter 7 bankruptcy, generally the corporation is liquidated and ceases its business functions. The assets of the business are sold and distributed among the creditors…

    • Filing for Bankruptcy can help you reinstate your driver’s license

      Filing for Bankruptcy can help you reinstate your driver’s license

      —

      by

      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 without insurance and you are involved in a car accident the Department of Highway Safety and Motor Vehicles (DHSMW) may suspend your driver’s license. However, filing for Chapter 7 or…

    • What is Chapter 12 bankruptcy?

      What is Chapter 12 bankruptcy?

      —

      by

      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 proceedings. The most commonly filed Chapters of bankruptcy are Chapter 7 bankruptcy and Chapter 13 bankruptcy. Chapter 12 bankruptcy is probably one of the least commonly filed forms of bankruptcy.…

    • Weinstein Company Bankruptcy – Harvey Weinstein Pleads “Not Guilty”

      Weinstein Company Bankruptcy – Harvey Weinstein Pleads “Not Guilty”

      —

      by

      *** FURTHER UPDATE *** In a further development related to the Weinstein Company’s Chapter 11 bankruptcy case, disgraced former CEO Harvey Weinstein today entered “not guilty” pleas to several charges in the State of New York Supreme Court in Manhattan. The pleas apply to one count of first-degree criminal sexual conduct and one count each…

    • Chapter 7 Bankruptcy

      Chapter 7 Bankruptcy

      —

      by

      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 are distributed to creditors. Unlike Chapter 13 bankruptcy, where a debtor retains their property and pays back a portion of their debts, Chapter 7 bankruptcy discharges remaining debts so the…

    • Gibson Brands, Inc. DBA Gibson Guitars Files For Chapter 11 Bankruptcy Protection

      Gibson Brands, Inc. DBA Gibson Guitars Files For Chapter 11 Bankruptcy Protection

      —

      by

      *** UPDATE TO PREVIOUS ARTICLE *** Ending months of speculation concerning the future of the once iconic guitar manufacturing company, Gibson Brands, Inc., the parent of Gibson Guitars, filed for Chapter 11 Bankruptcy protection earlier this week. The Nashville, TN-based company is said to have in excess of $100 million in outstanding debt (some reports…