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  • US Bankruptcy Court, Detroit
    Bankruptcy filings drop to lowest rate since 2007
    Bankruptcy filings for fiscal year 2014 have dropped to their lowest rate in seven years, according to new statistics from the Administrative Office of the U.S. Courts. In fiscal year 2014, which runs from October 1, 2013, through September 30,...
  • Stan Lee Media Logo
    Moot battle to win copyrights to Marvel superheroes continues; Disney is tired
    Denver-based Stan Lee Media, Inc. (which is no longer associated with comic book writer Stan Lee) is battling Walt Disney Co. for the copyrights to Marvel superheroes, reported The Associated Press, Oct. 28. Arguments were heard in the U.S....
  • Pet Shanty of Scotch Plains, NJ
    Pet Shanty of Scotch Plains closes its doors
    The Pet Shanty of Scotch Plains, NJ filed for Chapter 7 voluntary bankruptcy on August 1, 2014. This pet store has been around for 27 years and has been one of the best places in the Union County area to shop for all types of fish, corals,...
  • What could Teresa Giudice be facing in prison?
    What could Teresa Giudice be facing in prison?
    Today, as reported by the Star-Ledger, “Real Housewives of New Jersey” star Teresa Giudice will be facing fifteen months in a penitentiary for pleading guilty to numerous charges of wire and bankruptcy fraud. Several questions have...
  • Teresa Giudice owes 13 million in bankruptcy decision
    Teresa Giudice slammed with 13 million in debt? Bankruptcy court demands cash
    There is more bad news for Teresa Giudice and her husband Joe as the couple is facing multiple court actions. While the couple was in court to find out their fate on the federal charges, the bankruptcy court handed down a ruling that surprised and...
  • 'RHONJ' star Jacqueline Laurita owes $1 million to IRS
    'RHONJ' star Jacqueline Laurita owes $1 million to IRS
    Jacqueline Laurita, her husband, Chris Laurita, and several other members of the family recently came to an agreement in regard to an $8 million lawsuit against them. Unfortunately, the agreement, once it's made official, requires the "...
  • Beauty is as beauty does
    Donald Trump: Bankruptcy Genius
    Donald Trump, who clawed his way up from being born into a wealthy family to failed businessman, is declaring bankruptcy again.Let us be clear. When a company takes this route, the creditors are left holding the bag. Inre what Trump in the guise...
  • behind the times?
    Radio Shack bankruptcy rumors don’t sit well with Chicagoans
    According to a September 11 article in the New York Times; electronics giant Radio Shack may be headed for bankruptcy. Liquidation of assets is also an option being considered. The article goes on to say that Radio Shack has reported losses in...
  • RadioShack trouble brings out nostalgia, but should you invest?
    RadioShack trouble brings out nostalgia, but should you invest?
    RadioShack, the once electronic super star, is on the ropes. On Friday, Bloomberg News reported the Shack is on the hunt for more capital. If it can't attract a lender or investor it may have to file for bankruptcy.In the 70s, in the days of...
  • Law School Classroom
    Don't Sue Me Over This Article
    As I watched TV last night, something I don’t often do for any length of time, I counted five (5) commercials for different law firms. Five in about two hours. Every one of these ads touted services for personal injury cases and/or...
  • Mehki Phifer
    Mehki Phifer files for bankruptcy, reportedly debt totalling $1.3 Million
    Actor Mehki Phifer ,famously known for his role as Dr. Gregg Pratt on NBC's "ER" has filed for bankruptcy.In legal documents obtained by TMZ, the 39 year actor has debt totaling around $1.3 million, with $1.2 million in back taxes, ...
  • Kyle Richards
    ‘RHOBH’ star Kyle Richards denies knowing about the bankruptcy
    “The Real Housewives of Beverly Hills” star Kyle Richards may have been close to Lisa Vanderpump a few seasons ago, but it sounds like the friendship is going downhill. Kyle and Brandi Glanville have been spending lots of time together...
  • Quiznos
    Quiznos bankruptcy: Sub sandwich shop's filing
    Quiznos bankruptcy filing occurred Friday. Quiznos, a sandwich chain, filed for pre-packaged bankruptcy protection. Quiznos Corp. has reportedly had very stiff competition in the fast-food arena as well as a huge amount of debt for many years,...
  • Ashley Stewart files for bankruptcy
    Plus size retailer Ashley Stewart files for bankruptcy
    Plus size retailer Ashley Stewart filed for Bankruptcy yesterday and the company is planning to close 27 of their 168 stores as early as the end of March.According to the New York Post the company filed for bankruptcy protection yesterday at the U...
  • Sbarro
    Sbarro Pizza: Files for bankruptcy again
    Sbarro Pizza chain has filed for bankruptcy protection for the second time within three years. Sbarro Pizza is struggling with too much debt due to a very low customer count, according to a Reuters report on Monday.Quiznos Sub Sandwich Restaurants...