Tag Archives: Debt

Cumulus Media Files for Bankruptcy

Posted on January 11, 2018 by Camron Hoorfar

The Atlanta based radio company Cumulus Media has filed for Chapter 11 bankruptcy.  At the time of filing, Cumulus Media had approximately $2.4 billion in debt. If you have a company that is in financial trouble and would like someone … Continue reading →

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Kansas City Payday Lender is Convicted in a $220 Million Fraud Scheme

Posted on January 8, 2018 by Camron Hoorfar

A federal jury in Manhattan has found that a Kansas City, Missouri businessman is guilty of fraud for running a $220 million payday lending business that illegally charged high interest rates and made loans to consumers who did not authorize … Continue reading →

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Toys R’ Us Wants to Pay $16 Million in Bonuses While in Bankruptcy

Posted on January 5, 2018 by Camron Hoorfar

Despite filing for bankruptcy in September 2017, Toys R’ Us wants to pay $16 million to its top executives as a bonus. If you are in financial trouble and want to discuss bankruptcy or other options, contact our law office … Continue reading →

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Topeka Bankruptcy Trouble

Posted on January 3, 2018 by Camron Hoorfar

A Topeka businessman, Kent Lindemuth, is suspected of bankruptcy fraud in the concealment of assets, including these five vehicles: 1973 Plymouth Barracuda, 1967 Chevrolet Camaro, Ford F-150 Cabela’s SuperDuty, 2008 Ford F-250 Harley Davidson, and a GMC 2500.  Bankruptcy courts … Continue reading →

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Kansas City Medical Practice Files for Bankruptcy

Posted on December 22, 2017 by Camron Hoorfar

Kansas City Internal Medicine, P.A., which operated in Overland Park, Kansas City, and Lee’s Summit, has filed for Chapter 11 bankruptcy.  The company had approximately 170 employees at one time and assisted more than 135,000 patients a year.  Most of … Continue reading →

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Charming Charlie files for Bankruptcy

Posted on December 15, 2017 by Camron Hoorfar

The fashion jewelry store Charming Charlie has filed for Chapter 11 bankruptcy.  The store will try and work out an arrangement with its creditors and equity sponsors. If you have a business in financial trouble and need someone to speak … Continue reading →

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Filing Too Many Bankruptcies Can Lead to No Protection

Posted on December 13, 2017 by Camron Hoorfar

The automatic stay is what keeps creditors from collecting from a person when they file for bankruptcy.  However, if the person files bankruptcy over and over, the court may rule that the automatic stay no longer exists, which would allow … Continue reading →

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Vitamin World to Close 124 Stores

Posted on December 11, 2017 by Camron Hoorfar

Vitamin World has hired a company to assist it with shutting down 124 stores in 30 states. If you have a business that is struggling financially, and you would like to speak to an attorney, contact our law office at … Continue reading →

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Be Leary of Discount Bankruptcies

Posted on December 4, 2017 by Camron Hoorfar

A bankruptcy judge in Louisiana has stated that an attorney who assisted people filing for bankruptcy by offering a no-money-down arrangement could not seek reimbursement of any filing fees or other costs that the attorney fronted for the clients. Bankruptcy … Continue reading →

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Dairy Queen Closes 22 Locations

Posted on November 29, 2017 by Camron Hoorfar

The owner of a Dairy Queen franchise has filed for bankruptcy and has closed 22 stores in Texas, Oklahoma, and New Mexico. If you have a business that is in financial trouble and need assistance, contact our law office at … Continue reading →

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