bankruptcy questions » liquidation

Worthington Bankruptcy Attorney Chapter 7 13 Lawyer Ohio

admin — Tue, 27 Dec 2011 08:15:27 +0000

http://www.ralphakerns.com 877-209-1423 Filing for personal bankruptcy can be a frightening idea for many people. Contact Ralph A. Kerns & Associates in Worthington, Ohio for help.

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Tucson Chapter 7 Bankruptcy Lawyer Arizona Chapter 13 Attorney

admin — Thu, 08 Dec 2011 23:00:23 +0000

http://www.filebankruptcyinarizona.com 888-811-6584 Contact the Arizona Law Group of Trezza & Associates, LLC for helping on filing Chapter 7 or Chapter 13 bankruptcy.

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Annapolis MD Domestic Bankruptcy Attorney Baltimore Chapter 11 Lawyer Maryland

admin — Thu, 08 Dec 2011 23:00:03 +0000

http://www.glchaselaw.com/ 410-849-0095 The Law Office of Geri Lyons Chase has 25 years of experience representing small businesses in Annapolis, MD. Not every business has the same bankruptcy case, for personalized legal advice contact our firm.

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Chapter 13 Bankruptcy Attorney at Law California Twain Harte & Castro Valley Ca

admin — Thu, 13 Oct 2011 23:51:13 +0000

Chapter 13 Bankruptcy Attorney at Law California Twain Harte & Castro Valley Ca

Matthew M. Spielberg brings over 32 years of experience to his clients throughout the East Bay and the Tri-Valley area. He has been located in Castro Valley since 1977, and has been serving Tuolumne and Calaveras counties since 1988.

Matthew has focused his representation exclusively on consumer bankruptcy-related matters since 1990, to include Chapter 7 liquidation and Chapter 13 reorganization. He has been a lawyer since 1976, and has been a certified bankruptcy specialist, by the California Boad of Legal Specialization, since 1997. He can also help you explore alternatives to bankruptcy. And additionally, if you are considering a Chapter 11 bankruptcy filing, he can refer you to qualified counsel.

Duration : 0:1:47

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Poughkeepsie NY Chapter 7, 11 & 13 Bankruptcy Lawyer Newburgh Debt Relief Lawyer New York

admin — Sat, 17 Sep 2011 23:37:12 +0000

http://www.hudsonvalleybankruptcylawyers.com 845-236-5282 Poughkeepsie NY Genova & Malin, Attorneys at Law provides services for clients seeking debt relief of reorganization through filing a Chapter 7, 11, 12 or 13 Bankruptcy.

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Borders Books is Officially Bankrupt

admin — Tue, 09 Aug 2011 03:47:59 +0000

Transcript:

Image source: Tag Magazine)

BY: GEORGE DUMONTIER

ANCHOR: GARY COTTON

Borders Book stores appears to have reached its final chapter.
That chapter number turns out be 11.
The company’s profits have been melting away for years, and with no one willing to buy –
The only option is to liquidate.

“Borders, which is the second largest U.S. bookstore, cancelled its upcoming bankruptcy hearing and will close all 399 remaining stores for good. Some will shut their doors this week and final liquidation is expected to be complete by September.”

The company’s last chance for survival failed last week when a possible deal between Borders and the Najafi investment company fell apart.

“The Najafi company put out a statement today, ‘We regret to confirm that Direct Brand’s proposed agreement to keep Borders operating is no longer supported by the deciding parties. We remain willing, ready and able to move forward should the deciding parties instead choose to work with us and our existing offer.’”

Many are asking — what could cause such a big name in books to turn its final page? According to Borders’ customers, technology is the culprit. The New York Post reports…

“Customers we spoke to outside of the borders Penn Station location blame technology as the main reason as to why borders isn’t doing so well. My guess would be nowadays the iPad is taking over, the smartphone is taking over. Why get a book when you can do everything online?”

But ebooks may not be entirely responsible. AnnArbor.com suspects Borders’ own rapid expansion may have been the problem. The writers thinks Borders should have stopped growing in 1997, because after that…

“… the sales decline started — but the expansion continued. In fact, Borders didn’t stop adding stores until 2007, a decade after its sales per square foot peaked. … That is, revenue was still increasing — but the pace of the revenue increases was falling, an early indication of troubles. Put it simply: Borders got too big, too fast.”

No question about it — Borders was big. With almost 400 stores closing, the company will leave a lot of employees jobless, and a lot of shopping malls empty.

“Liquidation will cost the jobs of 10,700 employees and affiliated vendors, leave shopping centers nationwide with hundreds of thousands of square feet in empty space, deplete tax coffers of communities with closing stores, and reduce outlets for authors to sell books,…”

Borders’ epilogue will include asking a judge on Thursday to approve the sale to liquidators led by HIlco Merchant Resources and Gordon Brothers Group.

Follow Newsy on Twitter @Newsy_Videos for instant video news in your stream.

Transcript by Newsy.

Duration : 0:2:17

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Marriage, Divorce and Bankruptcy

admin — Thu, 09 Jun 2011 02:24:09 +0000

Bankruptcy 101; An Insiders Guide to Filing Bankruptcy by Yourself by Michael Greiner, J.D., Attorney at Law

This interview took place in January, 2011 on Point of Law with Cecil St. Pierre, produced by Justin Crown for TV Warren, Warren, M

Duration : 0:1:32

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Chapter 7 vs. Chapter 13 bankruptcy

admin — Sat, 21 May 2011 21:24:07 +0000

Attorney Michael Goldstein describes the basic differences between a chapter 7 bankruptcy and a Chapter 13 Reorganization for consumers. consumerdebtradio’s webcam video May 9, 2011 10:04 AM

Duration : 0:4:42

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Tribune, Fewer Bankruptcies, Tax Refunds: Bankruptcy Video

admin — Sat, 12 Mar 2011 16:45:03 +0000

March 9 (Bloomberg) — Bloomberg Law’s Lee Pacchia talks with Bloomberg News bankruptcy columnist and editor-at-large Bill Rochelle about Tribune Co., statistics on U.S. bankruptcy filings and a case in the Supreme Judicial Court of Massachusetts concerning tax refunds and the division of marital property in bankruptcy.

Duration : 0:4:12

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Borders, MERS Problems, Tousa Opinion: Bankruptcy Review

admin — Thu, 17 Feb 2011 15:22:01 +0000

Feb. 16 (Bloomberg) — Bloomberg Law’s Lee Pacchia talks with Bloomberg News editor-at-large Bill Rochelle about major events of the week in U.S. Bankruptcy Courts including Borders Group Inc., a ruling by a New York bankruptcy judge ruling involving Merscorp Inc. and their system of recording U.S. home mortgages known as MERS, and fraudulent transfers and upstream guarantees arising from the liquidation of homebuilder Tousa Inc.

Duration : 0:3:21

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