Atlanta Bankruptcy Law Blog

Belle Foods receives 'stalking horse' bid of $16.3 million

On behalf of Gingold & Gingold LLC posted in Chapter 7 on Friday, September 27, 2013.

Although bankruptcy auctions are more commonly associated with Chapter 7 bankruptcy, they may be utilized in a Chapter 11 filing as well. This was the case for Belle Foods, a southern grocery store chain.

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Tags: Chapter 7, Chapter 7 bankruptcy, liquidation

How soon can you file for Chapter 7 again?

On behalf of Gingold & Gingold LLC posted in Chapter 7 on Wednesday, August 14, 2013.

Some Atlanta residents have gone through a Chapter 7 bankruptcy filing in the past five years. Ever since the Great Recession in 2008, people have been struggling; and while things are getting better, some people are still trying to get their finances in order. May it be a crushing loan or a tumultuous job situation, some people need bankruptcy protection -- even after filing for bankruptcy recently.

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Tags: Chapter 7, Chapter 7 bankruptcy, liquidation

Rapper is unable to avoid Chapter 7 liquidation

On behalf of Gingold & Gingold LLC posted in Chapter 7 on Friday, October 14, 2011.

After working closely with a bankruptcy trustee to raise the funds necessary to repay creditors and exit bankruptcy without being forced to liquidate his assets, it appears that rapper Young Buck may soon have to begin placing his belongings up for sale. After a proposed contract renegotiation with the rapper's record label failed to gain approval from label executives, Young Buck's Chapter 11 bankruptcy will likely now become a Chapter 7, or liquidation, filing.

Continue reading Rapper is unable to avoid Chapter 7 liquidation...

Tags: Chapter 11, Chapter 7, bankruptcy, liquidation