Tag Archives: Bankruptcy

GameStop is Closing Over 150 Stores

The video game store GameStop, Corp. has announced that it plans to close at least 150 stores this year.  The company has reported a decline in sales due to digital download of video games. If you have a business with … Continue reading

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RadioShack Files for Bankruptcy Again

General Wireless Operations, Inc., the company that took over RadioShack after it filed bankruptcy the first time, has filed for bankruptcy.  After failed attempts to revive RadioShack, including attempting to strike up deals with Sprint, the company has gone under … Continue reading

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Bankruptcy and Divorce

Generally, you cannot get rid of your child support or alimony payments in a Chapter 7 bankruptcy.  These amounts even include property settlements from a divorce.  However, some of these may be eliminated in a Chapter 13 bankruptcy. If you … Continue reading

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Business Bankruptcy Filings Increase

In comparing October 2016 to October 2015, business bankruptcy filings has increased 21% nationwide according to Epic Systems, Inc.  In October 2016, 401 business bankruptcy filings occurred. If you are interested in learning more about bankruptcy, contact our law office … Continue reading

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Wet Seal Files for Bankruptcy

Wet Seal, LLC filed for Chapter 11 bankruptcy protection lately, adding to the long list of retailers that have recently filed for bankruptcy.  If you are interested in filing for bankruptcy, contact our law office at 816-524-4949 or visit our … Continue reading

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Bankruptcy Filings are at Lowest Level Since 2006

In 2016, approximately 45,000 less bankruptcy cases nationwide were filed than the year 2015.  The bankruptcy filings for 2016 are the lowest they have been since 2006. If you are interested in filing for bankruptcy or would like to speak … Continue reading

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Camron Hoorfar is named 2017 Lawyer of Distinction

Based upon Camron Hoorfar’s Avvo.com rating and numerous favorable reviews, Lawyers of Distinction has named Camron Hoorfar a 2017 Lawyer of Distinction. This award is generally given to the top ten percent (10%) of attorneys in the area. If you are … Continue reading

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Logan’s Roadhouse Emerges from Bankruptcy

The parent company of Logan’s Roadhouse has announced recently that it will emerge from bankruptcy with a new menu and a new marketing campaign. If you are interested in filing for bankruptcy, contact our law office at 816-524-4949 or visit … Continue reading

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Utah Man Pleads Guilty to Bank Fraud and Bankruptcy Fraud

Mr. Valentine of Liberty, Utah has pled guilty to bank fraud and bankruptcy fraud for failing to disclose assets in connection with his bankruptcy case.  It was alleged that Mr. Valentine provided false statements to U.S. Bank in order to … Continue reading

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Bankruptcy Fun FAQs

In 2015, 5 people for every 1,000 filed for bankruptcy.  In 2016, that number decreased to 2 people per 1,000.  However, some famous people who have filed for bankruptcy are: 50 Cent, Wayne Newton, Tom Petty, MC Hammer, and Toni … Continue reading

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