Realty Executives Keeps Operating, Negotiates Leases
Jan 16, 2012
Arizona-based Realty Executives is in the news with its recent Chapter 11 filing. A Yuma newspaper notes two features of the Realty Executives case which are common in Chapter 11 cases:
Its business a...
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Getting the Best Price through Chapter 11
Jan 16, 2012
Typically, a business chooses Chapter 11 bankruptcy because it wants to continue operations. For liquidating a business, Chapter 7 may appear the obvious choice. However, a liquidation under Chapter 11...
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What if I Don't Qualify for a Chapter 7 or a Chapter 13?
Jan 16, 2012
You may not be allowed to file a Chapter 7 bankruptcy if your income is too high. If your debts are also too high, you may not be eligible for a Chapter 13 bankruptcy. If so, you may obtain relief from...
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Blockbuster Sells Assets in Chapter 11 Case
Jan 16, 2012
In the news today, the video chain Blockbuster, Inc. received approval from the judge assigned to its Chapter 11 bankruptcy case to sell its assets to Dish Network Corp.
Blockbuster is not alone in usi...
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In Chapter 11, Creditors are both "Enemy" and "Friend"
Jan 16, 2012
Some who face bankruptcy see their creditors as their enemies. After all, the creditors are the ones trying to foreclose, repossess, or pursue a judgment. One of the main advantages of a bankruptcy cas...
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