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how to file chapter 7 bankruptcy

New Bankruptcy Laws and Salary limits?

I am planning on filing Chapter 7 bankruptcy due to a failed business and a foreclosure on investment property. Total debt is 190K and my total household income for a family of 3 is also 190K. I am wondering if I am have too much income per the new bankruptcy laws. I would like to [...]

Disinfection company files for bankruptcy

By Ben Sutherly, Staff Writer Updated 11:45 AM Friday, February 11, 2011 DAYTON — Advanced Disinfection Technologies LLC, which does business as ADTec, filed for Chapter 7 bankruptcy Feb. 7 in U.S. Bankruptcy Court. The business, 2996 Henkle Drive, Suite J, in Lebanon, listed assets of under $50,000 and liabilities of between $1 million and [...]

Nearly half of Chicago-area Borders to close

Borders Group Inc. plans to close almost half of its stores in the Chicago area as part of its proposed Chapter 11 bankruptcy protection, according to a Wednesday filing in U.S. Bankruptcy Court in New York. According to the Borders Web site, the bookseller has about 30 stores in Chicago and its suburbs, including a [...]