Bankruptcy Blogs

Cagle's Farms Files Chapter 11 Bankruptcy Petition In Georgia; Reclamation Claims Filed.

10/26/11

Cagle's Farms filed Chapter 11 Petitions in the Northern District of Georgia on October 19, 2011.  The related cases are In re Cagle's, Inc. (dba Integrated Poultry Company), Ch. 11 Case No. 11-80202 and In re Cagle's Farms, Inc., Ch. 11 Case No.

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Cagle's Farms Files Chapter 11 Bankruptcy Petition In Georgia; Reclamation Claims Filed.

10/26/11

Cagle's Farms filed Chapter 11 Petitions in the Northern District of Georgia on October 19, 2011.  The related cases are In re Cagle's, Inc. (dba Integrated Poultry Company), Ch. 11 Case No. 11-80202 and In re Cagle's Farms, Inc., Ch. 11 Case No.

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Why Failing To Plan Is Planning To Fail In Bankruptcy Court

10/26/11

If you are considering filing a bankruptcy petition you should consult with an experienced lawyer so you can do some planning.  But you should be careful; as with most of life, good planning will save you money  but sloppy planning can land you in hot water. I often talk with people who are considering bankruptcy who have [...]

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In re: Rankin, No. 10-62340-13

10/25/11

In re: Rankin, No. 10-62340-13 (Bankr. D. Mont., January 21, 2011).   When you file for Chapter 13 bankruptcy, you propose to the bankruptcy court your plan to repay what you owe to your creditors.  There are many requirements that each plan must meet in order to be approved by the court and put in [...]

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The Underserved Are Not Who You Think They Are

10/25/11

Being financially underserved is less about demographics than about behavior, preferences and cash flow. The underserved tend to have less of a financial cushion, and as a result live "just in time."

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Former Le-Nature’s CEO’s Luck Has Run Out

10/25/11
Associated Press
Gregory Podlucky, left, arrives with attorneys for his sentencing on Thursday, Oct. 20.
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"Dodgers owner Frank

10/25/11

"Dodgers owner Frank McCourt looted nearly $190 million from the Los Angeles team, using the money for non-baseball use in violation of Major League Baseball rules, according to Delaware bankruptcy court documents filed on Monday.... It's the first time the...

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Make the Treasury Responsible for 'Unofficial' Debt

10/25/11

The huge debt of Fannie Mae and Freddie Mac is not "considered officially to be part of the total debt of the federal government," the Federal Reserve coyly notes.

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