The U.S. Slavery Museum has struggled with insolvency for a few years and found itself $7 million in debt when it filed for Chapter 11 bankruptcy. It lost its non-tax status after failing to file federal taxes from 2007 to 2011 and also owes over $200,000 ...
I literally hit rock bottom. I did something that I told myself I would never do. I filed for Chapter 7 Bankruptcy. I was one of the lucky ones who didn't have to meet with the creditors during the court date I was scheduled for. I was relieved ...
A federal judge has approved a request to convert Direct Air's bankruptcy to Chapter 7, paving the way for the embattled air service provider's assets to be liquidated. Massachusetts bankruptcy judge Melvin Hoffman signed off on the order at 1:20 p.m. April 11.
U.S. Bankruptcy Judge Caryl Delano said the Clearwater woman cannot erase through bankruptcy a $9.7 million judgment her husband won against her in a 2006 defamation trial. Under bankruptcy law, a debt that is incurred because of someone's ...
U.S. Bankruptcy Judge Caryl Delano said the Clearwater woman cannot erase through bankruptcy a $9.7 million judgment her husband won against her in a 2006 defamation trial. Under bankruptcy law, a debt that is incurred because of someone's ...
MYRTLE BEACH, SC - A U.S. bankruptcy judge granted a motion Wednesday to convert Direct Air's bankruptcy case to Chapter 7. That means the air carrier must liquidate its assets to pay back its debts. Judge Melvin Hoffman granted the motion in a ...
Lehman, which filed the biggest bankruptcy in U.S. history in September 2008, had said it could give creditors $12 billion to $14.7 billion initially on April 17, depending on how much cash it needs to keep in reserve for disputed claims.
Annette Alejandro just emerged from bankruptcy and doesn’t have a job ... Credit card lenders extended $12.5 billion in loans to subprime borrowers last year, up 54.7 percent from 2010, according to Equifax and Moody’s, but still below ...
Representatives of the U.S. National Slavery Museum are heading back to U.S. Bankruptcy Court as they attempt to organize ... Wednesday in Richmond on the museum's efforts to dig out from $7 million in debt. Wilder's attorney in the proceedings, Sandra ...
"It's just not the way bankruptcy works. Trustees have to be paid." The coalition is still trying to reduce the cost of the case by other means, most notably by pushing to convert it to a more streamlined liquidation under Chapter 7 of the ...
