Tag Archives: Chapter 7


Posted 1 year ago in Bankruptcy by Betsy Kim  
When Bankruptcy Makes Cents [Infographic]

Last year had its share of big name bankruptcies including Hostess, maker of Twinkies, and The Kodak Eastman camera and film company. “Octomom” Nadya Suleman filed for personal bankruptcy. Plus, don’t forget in 1991, 1992, 2004 and 2009, Donald Trump filed corporate bankruptcies. (AP Photo credits: Suleman/ Damian Dovarganes and Trump/ Evan Agostini/ Invision.) The infographic below provided by the Doan Law Firm shows statistics, reasons people file personal bankruptcy and the signs that often precede bankruptcies. Created by Doan …

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Posted 2 years ago in Bankruptcy by Michele Bowman  
Casey Anthony’s Life Story Up for Grabs in Bankruptcy

The judge in Casey Anthony’s bankruptcy case said on Apr. 9 that he would take 30 days to decide whether the infamous mother would have to sell her life story – if she writes one – to help pay off almost $800,000 in debts amassed defending herself against charges she murdered her own child.   Money to Be Made? The trustee in her bankruptcy case reportedly wants her to sell – he says he has received offers from $10,000 to …

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Posted 2 years ago in Bankruptcy Consumer Law Creditor/Debtor by Betsy Kim  
Going for Broke: US Bankruptcy Filings [Infographic]

Lawyers.com reported earlier today that singer Dionne Warwick recently filed for bankruptcy, due to a $10.2 million tax debt with the state of California and the IRS. But as to the overall country, bankruptcies are down, comparing 2012 with the prior three years. The Start Fresh Today infographic below also shows important upcoming dates for federal bankruptcy exemptions, new regulations on student loans and revisions to bankruptcy forms. Warwick filed for bankruptcy in New Jersey. Can you guess the states …

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Posted 2 years ago in Bankruptcy Taxation by Michele Bowman  
Dionne Warwick Seeks Bankruptcy to Avoid Old Tax Debt

Legendary songstress Dionne Warwick on Mar. 21 filed for bankruptcy in federal court in New Jersey, where she lives, hoping to end a decades-old battle with the Internal Revenue Service over her tax debt.   No Other Choice Warwick is reportedly blaming a former manager for “negligent and gross financial mismanagement” resulting in the tax mix-up that left her $10.2 million in the hole with the IRS and the State of California. Over the years, the singer was paying off …

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Posted 2 years ago in Bankruptcy Crime by Aaron Kase  
Casey Anthony Owes $800,000, Files for Bankruptcy

Casey Anthony, who was acquitted in 2011 for the murder of her daughter Caylee, has filed for bankruptcy in Florida, citing debts of nearly $800,000. Anthony, 26, lists only $1,084 in assets against the massive sum she owes, mostly in legal fees. She was accused of killing her two-year-old in 2008 with chloroform and duct tape, and then dumping the body in the woods. Her defense attorney, Jose Baez of the Baez Law Firm, argued that the baby had drowned …

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