Chapter 7 bankruptcy

• Timing considerations of discharging taxes in a Chapter 7 bankruptcy.

The economic turmoil that has enveloped the United States and much of the rest of the world over the past several years has led to a dramatic increase...

• The Tax Adviser
• Vol. 43 Nbr. 2, February 2012

• Okc's Bricktown Brawlers File for Chapter 7 Bankruptcy

The Bricktown Brawlers, Oklahoma City's ill-fated indoor football team, have filed for Chapter 7 bankruptcy one month after Heisman Trophy winner Jason White sued the team for breach of contract. The Brawlers filed for Chapter 7 last week, reporting no assets outside of $55 in a team checking account and 1 cent in a savings account against more than $308,309 in liabilities.

• The Journal Record
• August 09, 2011

• Erwin Files for Chapter 7 Bankruptcy

Former San Bernardino County Assistant Assessor Jim Erwin, charged with multiple felonies in connection with two county corruption scandals, has filed for bankruptcy. Erwin, 48, of Highland, filed for Chapter 7 bankruptcy in U.S. Bankruptcy Court in Riverside on Nov. 4. In the last 18 months, he has been arrested twice and has corralled a legal team composed of two criminal defense attorneys, one civil case attorney and one appellate attorney. He paid a total of $60,000 to post bond on bails totaling $600,000 for each of his arrests.

• The Sun (San Bernardino, CA)
• November 30, 2010

• in Re Kay Lorraine Lewis, Debtor. Superior Bank, Fsb, Appellant, v. James W. Boyd, Chapter 7 Bankruptcy Trustee, Appellee., 398 F.3d 735 (6th Cir. 2005)

Before: GUY and SUTTON, Circuit Judges; CARR, Chief District Judge.* GUY, delivered the opinion of...

• Federal Circuits

• Tech Firm Files for Chapter 7 Bankruptcy

NanoDynamics, once lauded for its high-tech job growth potential, is now headed for liquidation. The Buffalo-based company on Monday filed for Chapter 7 bankruptcy, about a week after ceasing operations.

• Buffalo News
• July 28, 2009

• Fayetteville finance pros file Chapter 7 bankruptcy.

BANKRUPTCY LAWS MAY BENEFIT most those who need them the least. That could be the case for two former partners in Land Ventures LLC, Jonny D. Waddle...

• Arkansas Business
• May 12, 2008

• File for Chapter 7 Bankruptcy and Keep Your Home Speak with an Expert

One of the main points to consider in deciding whether to file a Chapter 7 bankruptcy is what property you can keep and what property you may have to give up. Illinois exemption laws allow a single person to keep up to $15,000.00 of their home's value. While married couples can exempt up to $30,000.00. If you know the amount of equity you have in your home then you can determine the likelihood of a Chapter 7 Trustee trying to sell your home in a Chapter 7 bankruptcy. If your equity is less than your entitled exemption your creditors and Chapter 7 Trustee will not be able to sell your home.

• Lawndale Bilingual Newspapers; Cicero, Ill.
• October 28, 2009

• Oklahoma City-Based Newpoint Gas Files for Chapter 7 Bankruptcy

Newpoint Gas LP, a company that designs and manufactures gas treating and processing facilities, has filed for Chapter 7 bankruptcy. In court documents filed this week in U.S. Bankruptcy Court for the Western District of Oklahoma, the company reported $352,499.25 in assets against $11.9 million in liabilities.

• The Journal Record
• October 13, 2010

• Jim Dewalt Files Chapter 7 in Bankruptcy Court

Jim DeWalt, president and CEO of Spokane-based Associated Industries of the Inland Northwest, and his wife, Ruth, have filed for Chapter 7 liquidation in U.S. Bankruptcy Court here, listing total assets of about $2.6 million and debts of $4.2 million, which they say are related to their own real estate investments.

• Journal of Business; Spokane
• October 15, 2009

• in Re: Daniel and Michelle Oswalt, Debtors. Marcia R. Meoli, Chapter 7 Bankruptcy Trustee, Plaintiff-Appellant, v. Citicorp Trust Bank, Defendant-Appellee., 444 F.3d 524 (6th Cir. 2006)

ARGUED: Marcia R. Meoli, Hann Persinger, Holland, Michigan, for Appellant. Sarah E. Heineman, Dykema Gossett, Grand Rapids, Michigan, for Appellee. ON...

• Federal Circuits