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Chapter 11
South Florida Multispecialty Associates, LLC, with offices located in Miami Beach and Aventura, has filed a voluntary Chapter 11 bankruptcy. The medical practice has 50 employees and reportedly sought bankruptcy protection after a medical malpractice plaintiff won a garnishment on its bank accounts. The medical group was apparently unable to make its first $100,000 payment...
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Why hire a bankruptcy lawyer? | Brevard County Attorney
In the Internet era, when bankruptcy forms are available online for free or for very little, many people question the wisdom of hiring a professional for what seems to be a do-it-yourself project. Others may look to a bankruptcy petition preparer to save money. But there are some very compelling reasons for hiring an experienced...
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General Motors is trying to use its Chapter 11 Bankruptcy as a shield against liability lawsuits stemming from faulty ignition switches. The automaker claims that it emerged from bankruptcy as “the new GM” and as a different corporate entity. According to a court filing in New York, the new GM’s recall of the ignition switches...
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Behind on car payments? Call our office today.
Recent scheduled meetings of the Bankruptcy Rules Committee were cancelled, apparently due to lack of interest. There had been two meetings scheduled in January 2014, one in Chicago and one in Washington, D.C. According to federal law, meetings may be cancelled if there is a lack of public interest, the Standing Committee sees a need...
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Bankruptcy and Debt Relief Attorney serving Palm Bay
Household debt rose $241 billion in the third quarter of 2013. Analysts at the New York Fed say the 2.1 percent increase was the largest jump since 2007. The debt was primarily mortgage debt and new car loans, which is seen as a sign that consumers are gaining confidence in an improving economy. However, student-loan...
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Chapter 13 Bankruptcy petition
In late 2013, a car-charger maker with a large government contract filed for bankruptcy. Phoenix-based Ecotality, Inc. sought Chapter 11 protection in the United States Bankruptcy Court for the District of Arizona, listing assets of $50 million and debts of $500 million, including a large contract with the Department of Energy. In court papers, Ecotality...
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