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The Davenport was a six-story apartment building in Davenport, Iowa built in 1907. It was acquired by the Davenport Hotel LLC in a 2021 deal worth about $4.2 million. [1] It was badly damaged during the August 2020 Midwest derecho. [2] Compared to the front of the building on Main Street, its rear face, next to a parking lot, had a dilapidated ...
In common law, an estate is a living or deceased person's net worth. It is the sum of a person's assets – the legal rights, interests, and entitlements to property of any kind – less all liabilities at a given time. The issue is of special legal significance on a question of bankruptcy and death of the person.
Of course, filing for bankruptcy doesn’t necessarily mean a business is going bust. Companies tend to use the Chapter 11 process to wind down some operations, tackle mounting debt and save on ...
Opt for a bankruptcy attorney with local expertise, well-versed in both bankruptcy laws and the specific procedures of the local court where your case will be filed.
Chapter 7 of Title 11 U.S. Code is the bankruptcy code that governs the process of liquidation under the bankruptcy laws of the U.S. In contrast to bankruptcy under Chapter 11 and Chapter 13, which govern the process of reorganization of a debtor, Chapter 7 bankruptcy is the most common form of bankruptcy in the U.S. [1]
What will become Townhomes at Creekside will include 38 units of low-income, affordable multi-family housing. The proposed $13 million development is designed for households earning less than 50% ...
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