A Wisconsin auto dealer filed for Chapter 7 bankruptcy last month. According to court reports, the man owed more than $80 million and had assets of less than $8 million.
Many of the liabilities were obligations to creditors. The auto dealer apparently will sell off certain assets to help pay off his outstanding debt.
If you or anyone you know has considering filing for bankruptcy, contact the Milwaukee Chapter 7 attorneys of the DeLadurantey Law Office, LLC, at 414-377-0518.
A Twin Lakes-based contractor filed for Chapter 11 bankruptcy to reorganize it’s debts and hopefully emerge in a better financial standing. The company is reportedly facing debts of nearly $7 million dollars, and it plans to continue day-to-day business while the Chapter 11 process is in effect.
If your company is struggling to maintain financial stability, it may be wise to consider filing for Chapter 11 bankruptcy. For more information, contact the Milwaukee bankruptcy lawyers of the Deladurante Law Office, LLC at 414-377-0518 today.
When individuals emerge from bankruptcy, they often have trouble acquiring various loans. For many people, however, they still need to acquire a car loan if they want to lease a new car.
To acquire such a loan, post-bankruptcy individuals should take a number of steps. These steps include ensuring that a bankruptcy status is listed as discharged and not having any repossessions within the last year.
If you or anyone you know has questions about their bankruptcy filing, contact the Milwaukee personal bankruptcy attorneys of the DeLadurantey Law Office, LLC, at 414-377-0518.
The purchase of Standard Forwarding Co. was approved by a federal Bankruptcy Court Friday. According to the court report, the trucking company was purchased by newly formed Standard Forwarding LLC.
Standard Forwarding Co. originally filed for bankruptcy in November. The bankruptcy filing was the result of the recession and higher than expected operating costs. The newly formed LLC and purchase will likely save a number of jobs.
If you are considering filing for bankruptcy, contact the Milwaukee bankruptcy lawyers of the DeLadurantey Law Office at 414-377-0518.
VitalMedix Inc. of Hudson filed for Chapter 7 bankruptcy this week. The Wisconsin biotech company moved from Minnesota last fall.
However, the company was unable to fix its debt problems and was forced to file for Chapter 7 in a Minnesota court. The bankruptcy filing was meant to give the company relief from some of its debts.
If you or anyone you know has considered filing for bankruptcy, contact the Milwaukee Chapter 7 bankruptcy attorneys of the DeLadurantey Law Office, LLC, at 414-377-0518.
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