December 28, 2010
The video rental chain Blockbuster Inc. recently asked a New York bankruptcy court for an extension on their Chapter 11 bankruptcy protection plan with hopes of having their new deadline for late March. The Phoenix Business Journal reported that the company is set to have...
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Blockbuster Bankruptcy Plan Expected To Be Filed In January
Last edited by Flamingo; 12-30-2010, 01:58 PM.
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Incorporating a business before discharge?
I want to incorporate a business name, im not going to operate under it, just want to get it set up this year, i discharge on december 27, is it ok to do this before discharge?
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Consumer Debt VS Business Debt
I have been reading a lot in the Forum for days because I am planning a personal BK 7 jointly with my wife. So thank you to everybody who is been posting because BK looks more achievable now.
Our house was foreclosed 19 months ago in a different state than TX where we are now. I will be using...
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Business Debt Bankruptcy Question, Investment properties
I own 15 rental properties as my business (over 2 million in secured debt). A few of them are so far upside down, and I am letting them go into foreclosure. I also owe over $330K (used to finance the property business) in unsecured debt, which is why I have to file for bankruptcy, as I cannot afford...
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Using cards for buisness and when to stop paying?
We will probably file Chapter 7 in Nov or Dec. Almost all the cc debt is related to our real estate business. We are still using our cards now, mostly for business purchases trying to renovate a few properties for sale, because if we sell them, we may not have to file. Things are looking a little better...
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Business Related BK
Before my business, i was in good financial shape. The business tanked, and i lost almost everything. I had two major debts I cosigned for - the lease and the mega loan (6 digits). After things went sour, the mega loan people came after me and other cosigners. We had several calls with attorneys...
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