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Recent Chapter 7 Bankruptcy News:
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A Columbia company that developed sensors and other products to detect tiny amounts of dangerous substances shut down last week, filing for Chapter 7 bankruptcy with liabilities totaling $89.5 million and no assets. Raptor Detection Inc. is no ...
Four bankruptcy categories listed: Chapter 7, bankruptcy involving liquidation of nonexempt assets; Chapter 11, plan permitting reorganization of financial affairs under court supervision for an individual engaged in business or for a company ...
... examined a national random sample of 11,221 chapter 7 and chapter 13 consumer cases (approximately 0.12 percent of the consumer bankruptcy cases filed) in 90 judicial districts filed between 2003 and 2009. A full copy of the study is available online.
The holding company filed formal lists of assets and debt showing property with a total value of $4.49 billion against liabilities of $7.83 billion. The holding company Chapter 11 case is In re Washington Mutual Inc., 08-12229, U.S. Bankruptcy ...
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