Ohio Bankruptcy, Dayton Bankruptcy
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Category: News

JCPenney on the verge of Bankruptcy

October 3, 2017 | Posted in News

  JCPenney’s stock is now officially a penny stock trading below $4 per share for the first time in the company’s history. JCPenney is a Department store that most Americans are familiar with. The company operates 876 locations in 49 states and Puerto Rico. JCPenney isn’t the only department store whose financial results have been […]

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Ohio Telemarketing Company Declares Bankruptcy

September 26, 2017 | Posted in News

Suarez Corporation Industries, an Ohio based Telemarketing Company filed for federal bankruptcy protection this week claiming to owe $10 to $50 million in debt, and owning $500,000 to $1 million in assets. SCI was started in 1970 by Ben Suarez who started the fledgling Direct Marketing Company from his home. Through direct marketing of a […]

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Bankruptcy Cases in Northwest Ohio Continue to Rise

September 20, 2017 | Posted in News

Bankruptcy filing have been on the decline for the past several years, with the decline being attributed to less medical debt thanks to the Affordable Health Care Act and an increase in the difficulty of getting a Chapter 7 bankruptcy case approved by the courts courtesy of the 2005 means test addition to bankruptcy filings. […]

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Financial Advisor in Virginia charged with Bank Fraud

August 23, 2017 | Posted in News

Victor Dandridge, a former partner at Thompson Davis & Co., plead guilty on Wednesday to two counts of wire fraud and one count of bank fraud in a scheme that involved defrauding the widow of a Richmond investment banker, as well as, a western Virginia Bank, and a University of Virginia fraternity. In court documents, […]

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New Debt Collection Abuse Bill Being Considered by House Subcommittee

August 10, 2017 | Posted in News

The Fair Debt Collection Practices Act (FDCPA) was a huge win for consumers in America faced with escalating debt. Under the FDCPA, debt collectors, or individuals that collect debts owed to others, are prohibited from using unfair or abusive tactics to collect money owed. This week, the House Financial Services Committee announced that it is […]

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Gymboree Announces Mass Store Closings after Filing Bankruptcy

August 3, 2017 | Posted in News

As the retail bankruptcy onslaught continues into mid-July of 2017, children’s clothing retailer Gymboree is the most recent victim in the struggle for stores in North America to stay solvent. Gymboree announced that the company will have to shut down nearly 350 of its 1281 stores nationwide starting on Tuesday, July 18th after filing for […]

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Woman in Evansville, IN Sentenced in Bankruptcy Fraud Scheme

July 20, 2017 | Posted in News

It seems that every week we hear of a court filing criminal charges on someone who is attempting to defraud the bankruptcy court system in America. This week is no different, as the news emerged that a 58 year old woman in Evansville, IN, Patricia Bippus-Allen, was sentenced to five years in prison following a […]

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The Sears Canada Bankruptcy

June 29, 2017 | Posted in News

On June 22nd, 2017, Sears Canada filed for bankruptcy. First, we should ask: How is this different and similar from filing bankruptcy in the United States? An oversight committee will be assigned to keep an eye on the financial day to day operations of the company without having direct control. The Sears Canada bankruptcy was filed […]

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Family Friendly Activities in Dayton OH

June 7, 2017 | Posted in News

Sometimes referred to as ‘the birthplace of aviation’, the city of Dayton in Ohio has a glorious history that boasts of personalities such as the Wright brothers who conceived and created the very first gliders and laid the foundation for a world where a man could fly! The city of Dayton is still deeply rooted […]

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Dayton Ohio Spring Break Activities

March 22, 2017 | Posted in News

Spring is here, which means one thing. Spring Break is a few days away. Next week is a time for family fun in the sun. Here are some Dayton Ohio Spring Break Activities activities.  We want you to have  fun, but don’t forget to stick to your budget. Dayton Ohio Spring Break Activities Boonshoft Museum […]

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