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Posts Tagged ‘Debt’

Dressmaker Alfred Angelo Says Its Dresses are Not Coming

August 14th, 2017

alfred-angelo

Three weeks after filing for bankruptcy, the bridal company Alfred Angelo has told its customers that their dresses won’t be coming. Customers who believe they are owed money should file a proof of claim.

If you need representation in bankruptcy court, contact our law office at 816-524-4949 or visit our website at Hoorfarlaw.com.

Using Bankruptcy to Escape Student Loans

August 11th, 2017

STUDENT LOANSS

It is very difficult to have bankruptcy erase your student loan debt.  In order to satisfy the undue hardship portion of the test in order to discharge student loan debt, you will need to show that you are unable to meet your minimally necessary living expenses in order for you to survive.  Bankruptcy courts have ruled that a mere unpleasantness associated with repaying the student loan debt is not sufficient.

If you are thinking of filing for bankruptcy, contact our law office at 816-524-4949 or visit our website at www.Hoorfarlaw.com.

Cisco Systems Announces 1,100 Layoffs

July 27th, 2017

cisco

Cisco Systems, Inc. has announced that it will be laying off another 1,100 employees due to declining revenue.

If you have declining revenue and need some advice, contact our law office at 816-524-4949 or visit our website at Hoorfarlaw.com.

Eddie Bauer May File for Bankruptcy

July 21st, 2017

EddieBauerMountain

The retailer Eddie Bauer has hired investment banks in order to explore strategies to avoid bankruptcy.

If you have a store that is closing and need some guidance, contact our law office at 816-524-4949 or visit our website at Hoorfarlaw.com.

Gymboree May File for Bankruptcy

June 27th, 2017

gymboree2

The clothing retailer Gymboree may be filing for bankruptcy soon after it decided not to make an interest payment on $171 million of bonds that came due.

If you are struggling to pay your bills and need some assistance, contact our law office at 816-524-4949 or visit our website at Hoorfarlaw.com.

Owner of Joe’s Crab Shack Files for Bankruptcy

June 21st, 2017

joes crab shack

The owner of the restaurant Joe’s Crab Shack has filed Chapter 11 bankruptcy due to falling food sales.  The owner may attempt to sell the restaurant for $50 million.

If you are interested in learning more about bankruptcy and what it could do for you, contact our law office at 816-524-4949 or visit our website at Hoorfarlaw.com.

BeBe May Avoid Bankruptcy

June 19th, 2017

bebe

The clothing retailer BeBe Stores, Inc. may avoid bankruptcy by closing its stores and entering into various real estate deals.

If you own a business in financial distress and need some guidance, contact our law office at 816-524-4949 or visit our website at Hoorfarlaw.com.

Expensive Bankruptcies

June 7th, 2017

EXPENSIVE BANKRUPTCIES

An Iowa bankruptcy judge has scolded an Iowa bankruptcy law firm managing the Wellman Dynamics Corp. bankruptcy, a company that manufactured parts for aerospace travel.  The law firm’s $1 Million invoice was cut in half by the bankruptcy judge.

If you are interested in knowing how much a bankruptcy could cost you, contact our law office at 816-524-4949 or visit our website at Hoorfarlaw.com.

Going to Jail for Concealing a Bank Account

May 31st, 2017

jail

A California man is going to jail for over four (4) years for bankruptcy fraud because he hid a bank account from the bankruptcy court.

If you are thinking of filing for bankruptcy and need some help, contact our law office at 816-524-4949 or visit our website at Hoorfarlaw.com.

Government Hires Collection Companies to Collect Student Loan Debts

May 22nd, 2017

student loan debt 2

The U.S. Government has recently hired back private collection companies that were fired by the Obama Administration to collect on student loan debts.

If you are in debt and are needing assistance, contact our law office at 816-524-4949 or visit our website at Hoorfarlaw.com.