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Category Archives: General
‘Trial by Combat’ requested from Kansas Man in Case against Ex-Wife
A Kansas man, David Ostrom, 40, of Paola, Kansas, said in a Jan. 3 court filing that his ex-wife, Bridgette Ostrom, 38, of Harlan, Iowa, and her attorney, Matthew Hudson, had “destroyed (him) legally.” David requested in a filing to … Continue reading
New CFPB Policy Limits Authority Over Abusive Company Conduct
The Consumer Financial Protection Bureau is installing new policies that will limit its power to pursue actions of abusive conduct from financial companies against their consumers. The Dodd-Frank Act of 2010 established the CFPB the unique authority to go after … Continue reading
Lucky’s Market files for Bankruptcy following suit of Other Major Grocers
After closing most of its stores in recent weeks, Lucky’s – a Colorado based grocery store- filed for a Chapter 11 bankruptcy. There are plans to sell some of its stores to Aldi Inc. and Publix Super Market Inc. after … Continue reading
MoviePass Parent, Helios and Matheson, files for Chapter 7 and stock falls to zero
Helios and Matheson Analytics Inc., the parent of the MoviePass cinema-ticket subscription service, said Wednesday that it has filed for Chapter 7 bankruptcy. This allows a court to sell its remaining assets and wind down all operations, according to MarketWatch.com. … Continue reading
Gun Maker Files Bankruptcy after Trafficking Charge in Kansas City
A Nevada-based gun manufacturer was sued by Kansas City, MO after the city filed a lawsuit over weapons trafficking charge last month. In the Chapter 7 bankruptcy petition filed Feb. 10, Jimenez Arms listed assets of less than $50,000 and … Continue reading
Hospitals in Missouri, Kansas file for bankruptcy
On Feb. 12, Pinnacle Healthcare System filed for Chapter 11 bankruptcy protection for itself and its hospitals in Missouri and Kansas. The Pinnacle Regional Hospital in Overland Park, formerly known as Blue Valley Hospital, entered bankruptcy with assets totaling up … Continue reading
Bar Louie Files Chapter 11 Bankruptcy
Bar Louie, announced that its lenders will serve as a stalking horse purchaser in its upcoming Chapter 11 bankruptcy filing. A stalking horse purchaser allows a guaranteed bid on the company’s debt to increase the value of the company in … Continue reading
Filing taxes 101: Common errors taxpayers should avoid
Mistakes can result in processing delays, which can mean it takes more time to get a refund. Some easy ways to avoid mistakes are tofile electronically – the electronic system can immediately mark errors that would normally not be caught … Continue reading
Bed Bath and Beyond Shares Fall by 26% after Releasing Earnings Report
Shares of Bed Bath & Beyond tumbled after the retailer reported disappointing earnings Tuesday evening. Facing stiff competition from other retailers like Target, falling foot traffic, and glaring inventory management issues, Wall Street believes a true turnaround is going to … Continue reading
90 Day Tax Payment Relief Due to Coronavirus
On March 18th, 2020 it was announced that the IRS would extend the due date of federal tax payments from April 15th to July 15th because of the growing Coronavirus crisis. This extension applies to individual taxpayers owing up to … Continue reading