Mattress guild files Chapter 7 bankruptcy. Carolina Mattress Guild Inc. was held up as an example of a great American manufacturing company. It was held up as proof that America could compete with countries who make things with cheap labor. It appeared to everyone the company was flying high. Looks can be deceiving. Behind the […]

New year could start with bankruptcy filing. 2015 is finally here. South Florida had plenty of celebrations all over Broward, Miami-Dade and Palm Beach Counties. The new year is welcome to many. Many are hopeful for a new start. That is really the case in America and South Florida. 2014 was a tough year for […]

Bodybuilder’s company survives bankruptcy. Rich Gaspari is a world famous bodybuilder. He is nicknamed the “Dragon Slayer”. He was a three time runner up in the Mr. Olympia bodybuilding contest. He also was awarded the 2103 Arnold Schwarzenegger Lifetime Achievement Award. After retiring, Mr. Gaspari founded Gaspari Nutrition, Inc. The company makes protein powders and […]

Tengion files Chapter 7 bankruptcy case. Tengion is regenerative-medicine company headquartered in Winston-Salem, North Carolina. The company was founded by Dr. Anthony Atala. The company was conducting very important research. Investors were pumping money into the company hoping for fortunes once ground breaking drugs were discovered. The company had reached the Phase I clinical trial […]

Low oil prices could spur bankruptcy filings. The price of oil has been dropping sharply. This is good news for most people. Spending less at the pump gives consumers more money to spend on other things. Travel also becomes less expensive. This boosts the bottom line of the travel industry. There are many companies that […]

Ohio town may need bankruptcy filing. The economy has hit all of America hard. Town after town has had to turn to bankruptcy lawyers for help paying their bills. No area of the country has been hit harder than the Rust Belt states. These states used to be home to countless factories. Many of these factories […]

Broward bankruptcy can cure holiday blues. The holidays are here. The time for people to spend time with families and friends. A joyous time of the year for many. It can also be a difficult time of the year for many. Those troubles often revolve around money. Or lack of money. The economy has really […]

Proposal to make filing bankruptcy cheaper. Bankruptcy lawyers have been hard at work. The project they are working on is very important. They have been working on a 400 page report recently released whose goal is to make it cheaper for companies to file bankruptcy. The bankruptcy process for companies is expensive. Cheaper bankruptcy filing […]

Supercar maker files bankruptcy. The economy has rocked many industries in recent years. The auto market was really hit hard when the economy tanked. The industry has been making a slow recovery over the last couple of years. Some companies were unable to recover. One of the companies had to go and see a bankruptcy […]

Religious order may need to file bankruptcy. Most people of faith do not consider that religious orders still need money to pay the bills. It is hard to believe that a religious order could face an uncertain future. That is exactly what has taken place. It may need the help of a bankruptcy lawyer to […]