Categories
Bankruptcy Process

What to Expect When You Have a Bankruptcy Consultation?

At  bankruptcy consultation, you must bring:

  • List of debts you owe

  • Income records: Pay stubs or bank records.

  • Tax returns of last 3 years

  • List of assets and valuables you own that need to be exempted

  • Legal documents, judgments, garnishments, law-suits, etc.

  • Home mortgage, property information.

  • Car registeration information with VIN#, etc.

Categories
Bankruptcy Web

Who is a Bankruptcy Trustee and What is their Purpose?

A Bankruptcy Tustee is appointed by Court to review the debtor’s petition and schedules, conduct the meeting of creditors, to make sure there is no fraud and to administer the bankruptcy estate in liquidation.

Categories
Chapter 11 Bankruptcy News

Chapter 11 Bankruptcy News: Saladworks Files for Chapter 11 Bankruptcy

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Summary of the Article

 

Saladworks | This produce heavy restaurant chain has filed for Chapter 11 bankruptcy

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Article

CONSHOHOCKEN, PA – Saladworks has filed for Chapter 11 bankruptcy protection this week and announced that it is seeking a buyer in an effort to end litigation between its owners.

 

In documents filed with U.S. Bankruptcy Court in Delaware, Saladworks listed over $10 million owed to two companies controlled by Vernon Hill, the Commerce Bank founder who has owned a 30% stake in Saladworks since 2008.

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Culled From

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