Liquidation

Bankruptcy: Can you discharge taxes paid with credit cards? - jdsupra.com

05/11/12

Bankruptcy allows a debtor to discharge or eliminate the majority ... At a minimum, the tax debt will not be discharged and you will remain liable to pay it. Furthermore, in Chapter 7 filing a debtor is not allowed to eliminate debts incurred to pay ...

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Online music storage firm MP3tunes files for bankruptcy - msnbc.com

05/11/12

MP3tunes had filed for bankruptcy under Chapter 7 code, which envisages liquidation of a company's operation. In the court filing, the company had listed out assets of about $7,800 and liabilities of $2.1 million. The bankruptcy case is MP3tunes Inc ...

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Online music storage firm MP3tunes files for bankruptcy - Reuters

05/11/12

MP3tunes had filed for bankruptcy under Chapter 7 code, which envisages liquidation of a company's operation. In the court filing, the company had listed out assets of about $7,800 and liabilities of $2.1 million. The bankruptcy case is MP3tunes ...

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Embattled MP3Tunes cloud locker files for bankruptcy - CNN Money

05/10/12

Veoh won multiple rounds of their copyright battle outright only to be forced into bankruptcy after spending $7 million on legal bills.” Robertson recently started another personal media service with potential for lots of controversy ...

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Indiana Racino Takes New Name - Wall Street Journal

05/10/12

Casino’s post-bankruptcy fate may be a question mark ... a 233,000 square-foot facility that’s open 24/7. However, as the Indianapolis Star reports, there may be another change in store, and that’s who owns the casino and its neighboring ...

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Jeremy Mayfield’s wife files for bankruptcy - Sporting News

05/10/12

Mayfield’s wife filed the Chapter 7 bankruptcy petition Wednesday in U.S Bankruptcy Court in North Carolina. She lists assets (not including any exempt property) of under $50,000 and liabilities of between $1 million and $10 million.

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The Daily Docket: Vegas Developer Looks to Shed $500M Debt

05/10/12

Las Vegas developer Bill Plise is trying to shake off some $500 million worth of personal debts in bankruptcy, mostly guarantees of bank loans linked to a bid to develop City Crossing, a $2 billion casualty of the recession. Read the Daily Bankruptcy Review article here.

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Nashville Bankruptcy Attorneys Clark & Washington Recommend Free Bankruptcy Consultation - 24-7PressRelease.com

05/10/12

The Nashville bankruptcy attorneys at Clark & Washington know how easy it is to fall deeply into debt and want to offer the hope of a better financial future to Nashville families. Clark & Washington specializes in chapter 7 and chapter 13 personal bankruptcy filings.

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Tom Martino's wife loses bid to keep property out of his bankruptcy - Denver Post

05/10/12

Things got more complex in July 2009 when Sherman Properties obtained a $3.7 million loan from Bank of the West, again using the parking lot as collateral, records show. The bank has filed a claim in the bankruptcy case against Tom Martino's ...

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Tom Martino’s wife fails in bid to keep property out of bankruptcy proceedings - The Business Journal

05/09/12

to keep a downtown parking lot she owns out of Tom Martino’s personal Chapter 7 bankruptcy proceedings. Bankruptcy Judge Michael Romero on Tuesday denied the motion from Holly Martino and American Guaranty Equities LLC to keep Sherman ...

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