Loading Court documents reveal the owners of the Kinkora Road property, Anne and Grant Brown, have been involved in a bitter and costly legal bid to collect the debt for the past 18 months. Despite a debt settlement directive by Victoria Civil and Administrative Court in September 2020 and a subsequent enforcement order by the […]
COOPERSVILLE — A West Michigan-based environmental consulting firm has filed for Chapter 11 bankruptcy as it positions itself to sell the business to an industry competitor. Superior Environmental Corp. filed in the U.S. Bankruptcy Court for the Western District of Michigan on Feb. 25 under Subchapter V of the federal bankruptcy code, a variant of […]
U.S. lawmakers are considering legislation to ban the controversial bankruptcy maneuver called “Texas two-step” to prevent big companies from abusing the Chapter 11 process, the chairman of the Senate Judiciary Committee has said. Dick Durbin, who is also a Democratic Senate whip, said negotiations were underway in the committee on a bill that would remove […]
The prosecutor Gabriela Boquín denounced that the Correo Argentino, of the Macri family, had committed fraud during the 20 years that the race for the creditors lasted and which allowed him to dodge until today the payment of his millionaire debt. For this reason and others, she asked the Chamber of Commerce to confirm the […]
Oil prices hit their highest level in more than seven years last week, but that hasn’t stopped a San Antonio oil and gas company from filing for bankruptcy protection. Active resources, formed in 2003, filed a Chapter 11 bankruptcy petition on Thursday that listed assets and liabilities each between $10 million and $50 million. A […]
If you or someone you know is in financial deep waters and struggling to cope, just remember that the longer you ignore your debts, the worse it will get. Whether the situation is due to injury or illness (family or personal), work issues or overspending, it can be overwhelming. If it goes from bad to […]