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“Octomom” files for bankruptcy

2012-05-01T18:33:32+00:00

Earlier this week Nadya "Octomom" Suleman filed for Chapter 7 bankruptcy in order to pay off her more than $1 million in debt. According to her court filing, Suleman has about $50,000 in assets. Suleman owes money to her father, DirecTV, the city's water department, her children's school, and at least $30,000 in unpaid rent. [...]

“Octomom” files for bankruptcy2012-05-01T18:33:32+00:00

Warren Sapp files for Chapter 7 bankruptcy

2012-04-10T18:18:16+00:00

Former NFL star Warren Sapp filed for Chapter 7 bankruptcy protection in Florida earlier this month. Sapp claims he has $6.7 million in liabilities but only has $6.45 million to his name. According to court documents, Sapp owes more than $900,000 to the IRS, hundreds of thousands of dollars in child support and alimony payments [...]

Warren Sapp files for Chapter 7 bankruptcy2012-04-10T18:18:16+00:00

Gary Busey seeks bankruptcy protection

2012-02-08T20:33:21+00:00

This week, actor Gary Busey, 67, filed for Chapter 7 bankruptcy at a court in California.  The actor has been in more than 70 films, including "Point Break" and "Lethal Weapon."  More recently, Busey has participated in the reality television shows "Celebrity Wife Swap," "Celebrity Apprentice," and "Celebrity Rehab." Busey lists less than $50,000 worth [...]

Gary Busey seeks bankruptcy protection2012-02-08T20:33:21+00:00

Toledo Bankruptcy Court reports decrease in filings

2012-01-09T14:27:27+00:00

According to the U.S. Bankruptcy Court in Toledo, bankruptcies filed at the court decreased by 19 percent in 2011.  In 2010, a total of 8,461 bankruptcies were filed in the 21 counties the court handles, while only 6,853 bankruptcies were filed at the court last year. Both Chapter 7 and Chapter 13 bankruptcy filings decreased [...]

Toledo Bankruptcy Court reports decrease in filings2012-01-09T14:27:27+00:00

Toledo-based construction company files for bankruptcy

2011-11-16T18:59:03+00:00

According to the Toledo Blade, Bostleman Corp., a suburban Toledo construction firm, has filed for bankruptcy. The company has been in business for 65 years with Fifth Third Bank as its primary lender.  It was reported in 2006 that their revenue was up to $140 million.  The recent filing showed its assets at less than [...]

Toledo-based construction company files for bankruptcy2011-11-16T18:59:03+00:00

Benefits of filing Chapter 7 bankruptcy

2011-08-19T15:55:49+00:00

If you are filing for bankruptcy, it may be hard to decide whether to file for Chapter 7 or Chapter 13. There are benefits to each, and it is important to know which will be the best decision for your individual case. There are a few benefits of Chapter 7 to keep in mind when [...]

Benefits of filing Chapter 7 bankruptcy2011-08-19T15:55:49+00:00

Bankruptcy in Toledo down 17 percent

2011-04-08T15:31:58+00:00

In the last month, the bankruptcy filings in the Toledo area have decrease by nearly 17 percent. Reports show that this is also the seventh month in a row where a decrease has been seen. In the month of March, there were 880 new bankruptcy cases filed in the U.S. Bankruptcy Court in Toledo. This [...]

Bankruptcy in Toledo down 17 percent2011-04-08T15:31:58+00:00
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