Articles from Allmand Law

Today In Bankruptcy – 09-19-2013

NA-BY126_DETVOI_G_20130918181340Bringing you the most up-to-date news, tips and blogs throughout the web. Here’s your Bankruptcy Update for September 19, 2013 Detroit Residents to Voice Pension Fears to Bankruptcy Judge Rapper Young Buck Fresh Out Of Bankruptcy Devonshire PGA Files Bankruptcy With Restructuring Plan  

Do You Have to List All Debt Collection Agencies in Bankruptcy?

What You May Not Know about Chapter 7 BankruptcySome debtors may get confused about the aspect of listing all debts when you file your petition.  You are required by the bankruptcy court to submit all details in relation to outstanding debts, including creditors that are owed and their outstanding balances.  But, what happens when more than one collection agency gets a hold of [...]

Former GOP Chairman of Minnesota Files Bankruptcy

rachelsb_1305424428_suttonTony Sutton, 46, former chairman of the Minnesota GOP has filed for Chapter 7 bankruptcy protection.  Along with his wife Bridget, the couple claims to have outstanding liabilities totaling over $2 million.

Today In Bankruptcy – 09-17-2013

ecotality_s640x449Bringing you the most up-to-date news, tips and blogs throughout the web. Here’s your Bankruptcy Update for September 17, 2012 Green company files for bankruptcy after 115M stimulus funding granted Bridge contractor files for bankruptcy KV Pharmaceutical emerges from bankruptcy  

Opening Too Many Eateries Causes New York Restaurateur to File Bankruptcy

Jason-DentonThe owner of the Catalina Corsino Italina restaurant and other eateries located in Manhattan, Jason Denton, bit off more than he could chew by opening too many restaurants leading up to bankruptcy.  His lawyer states the restaurateur opened too many eateries at a time when the economy was struggling due to the Great Recession. Denton, [...]

Illinois Man Admits Committing Bankruptcy Fraud

handcuffs_1818414bA Wonder Lake, Ill man admits he committed fraud when he filed bankruptcy protection in 2008. James Grossmayer, 51, was charged with bankruptcy fraud after admitting he intentionally left out details about interest he had ownership of from an annuity totaling thousands of dollars. He also admits paperwork submitted to the bankruptcy court was incorrect. Grossmayer [...]

Barron Wisconsin Woman Faces Bankruptcy Fraud Charges

img.fraudA woman from Barron, Wis. was recently charged with counts of bankruptcy fraud that include concealing from creditors, transferring property to relatives and making a false declaration in a bankruptcy proceeding.  Cynthia Barlow, 55, was recently indicted on charges related to her bankruptcy filing that included concealing close to $19,000 while making a separate payment [...]

Today In Bankruptcy – 09-12-2013

The tail sections of an American Airlines and US Airways aircraft are on the ramp at Dallas-Ft Worth International Airport  Bringing you the most up-to-date news, tips and blogs throughout the web. Here’s your Bankruptcy Update for September 12, 2012 AMR bankruptcy plan wins court approval Lehman Recovery Seen as Justifying $2 Billion Bankruptcy Bankruptcy panel sought for Quebec train disaster victims  

Bankruptcy Helps Michael Vick Pay Back Nearly $20 Million Debt

Michael-Vick-001 After a prison sentence 4 years ago Michael Vick appears to be making an effort to change for the better. Since being released from prison he’s been working on getting his finances back in order, and thanks to bankruptcy he will soon be out of debt while satisfying outstanding amounts with dozens of creditors to [...]

Could Changing Bankruptcy Laws for Student Loans Improve the Economy?

Congress Urged by Obama Administration to Include Student Loan Debt in BankruptcyA recent report completed by the Center for American Progress looks at how the economy could benefit from student loan discharge.

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