Topic
Liquidation
165 published works
GT London Law Blog
Subtenants position following disclaimer of head lease
A liquidator of a tenant is entitled to disclaim onerous property (including leases). This terminates the rights and liabilities of the tenant under the head lease. Any person with an…
Texas Bankruptcy Blog
Chapter 7 Bankruptcy for Business
By Bryan Fears
When business is poor and creditors bang loudly at the door, it may be time to consider a Chapter 7 business bankruptcy. Unlike Chapter 13 which is only available for…
Georgia Bankruptcy Law Network
The Starting Point for Bankruptcy
By Scott Riddle
The purpose of this Blog is to provide basic, easy to read, and hopefully easy to understand, information about Bankruptcy for individuals and small businesses. If you reached this page…
Georgia Bankruptcy Law Network
Should You File A Chapter 7 For Your Small Business?
By Scott Riddle
I frequently get calls from individuals who own small or mid-size businesses that are experiencing financial difficulties and need to close their doors. They often assume that they should file…
Georgia Bankruptcy Blog
11th Circuit: Non-Filing Spouse’s Income And Expenses Can Be Used To Find Abuse Under Section 707(b)(3)(B).
By Scott Riddle
In In re Kulakowski, No. 12-15294, 2013 U.S. App. LEXIS 23110 (11th Cir. Nov. 15, 2013) (click here for .pdf of opinion), the issue was the extent to the Court…
SALT Shaker
Liquidation Exception Evaporates in Arizona
By Mary Alexander and Timothy Gustafson The Arizona Court of Appeals held that a liquidation exception to the functional test for business income does not exist in Arizona and that…
Georgia Bankruptcy Law Network
How Do Chapter 7 Trustees Get Paid?
By Scott Riddle
If you are wondering how a Chapter 7 Trustee makes money from Bankruptcy cases, here is the answer. They typically get paid in several ways. First, they get $60 from…
Georgia Bankruptcy Law Network
Who Are The Chapter 7 Trustees & What Do They Do?
By Scott Riddle
When a Chapter 7 case is filed, or a case is converted from a Chapter 11 or Chapter 13 to a Chapter 7, a Chapter 7 Trustee is assigned for…
Georgia Bankruptcy Law Network
Will The Bankruptcy Trustee Sell My House?
By Scott Riddle
Many people considering filing a Bankruptcy case are justifiably concerned that they may lose their home in the case, either to the lender or to the Chapter 7 Trustee. The…
Food Safety News
Nation's Biggest Organic Peanut Processor Shuts Down
By Dan Flynn
The largest organic peanut butter processor in the United States has filed for Chapter 7 bankruptcy, ending its existence. Sunland Inc., the Portales, NM company linked to the September 2012…