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Nonbusiness bankruptcy filings fell to under 400,000 before edging back up to 434,000 in 2023, according to statistics published by the Administrative Office of the U.S. Courts. With two months ...
A bankruptcy case is begun with the filing of the official form B1 bankruptcy petition. [10] The filing of a chapter 7 or chapter 13 personal bankruptcy case also requires the filing of schedules A through J, the statement of financial affairs as well as the form B22 means test.
Thus, the means test is a formula designed to keep filers with higher incomes from filing for Chapter 7 bankruptcy. These filers may use Chapter 13 bankruptcy to repay a portion of their debts, but may not use Chapter 7 to wipe out their debts altogether. [8] The bankruptcy means test is complex and the terms that govern many parts of it ...
The week before its bankruptcy announcement in September, Big Lots revealed it planned to close a distribution center in Columbus that would put 379 workers out of jobs, the Dispatch reported.
In 2007, the company sold University Mall in Tampa, Florida for $149 million. [ 7 ] In 2010, the company closed a $320 million joint venture with The Blackstone Group , which included the sale of a 60% interest in 2 malls.
Counseling you about what property you might be able to hold on to. Provide input on the tax consequences you will face. Advising you about whether you should continue making payments to creditors.
United States bankruptcy courts are courts created under Article I of the United States Constitution. [1] The current system of bankruptcy courts was created by the United States Congress in 1978, effective April 1, 1984. [2] United States bankruptcy courts function as units of the district courts and have subject-matter jurisdiction over ...
According to bankruptcy court filings in Florida, Reb Lobster rejected dozens of store leases across the country. ... Nine of the many that will soon close are here in Ohio: 1691 Dublin-Granville ...
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