Category: History
A Short History Of Bankruptcy
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The etymology of the term “bankruptcy” is commonly believed to derive from a combination of two Latin words: “bancus” (table or bench) and “ruptus” (broken)….
Do I Need To File For Bankruptcy?
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It has been said that for most people “…bankruptcy is a scary proposition…”. Depending upon the type of bankruptcy case, a person’s asset vs. debt…
Pinellas County In West Central Florida
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Florida and Pinellas County The first permanent white settlement on the Pinellas Peninsula was established in 1832 by Odet Philippe in the present-day Safety Harbor…
Clearwater, Florida – More Than Just Beaches
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Clearwater, Florida, situated on the Gulf of Mexico in West Central Florida, is the County seat of Pinellas County. The region surrounding Clearwater and Pinellas…
THE “MEANS TEST” IN BANKRUPTCY (Chapter 7) – Part III
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Part III of Three Related Articles [See related articles on this blog: The Bankruptcy Abuse Prevention & Consumer Protection Act (BAPCPA), “Part I, Rationales”&“Part II,…
BANKRUPTCY ABUSE PREVENTION & CONSUMER PROTECTION ACT OF 2005 (BAPCPA) Part II
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Part II – Changes in Bankruptcy Law [See related articles on this blog: The Bankruptcy Abuse Prevention & Consumer Protection Act (BAPCPA), “Part I, Rationales”…
THE BANKRUPTCY ABUSE PREVENTION & CONSUMER PROTECTION ACT OF 2005 (BAPCPA) Part I
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Part I–Rationales [See related articles on this blog: “The Bankruptcy Abuse Prevention & Consumer Protection Act (BAPCPA), ‘Part II, Changes in Bankruptcy Law’, and “Part…
What is Chapter 12 bankruptcy?
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Chapter 12 bankruptcy is a type of bankruptcy specifically fashioned to either family farmers or fishermen seeking to reorganize or consolidate their debts through bankruptcy…
The Millennial Generation: “Selfish Slackers” or Next Modernist Generation?
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Who are the “Millennials”? According to a recent study by the Pew Research Center, “Anyone born between 1981 and 2000 (ages 18 – 37…
Leveraged Buyouts… Bain Capital… And The “Art” Of Bankrupting Companies
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lev·er·aged buy·out ˌlev(ə)rijd ˈbīˌout/ – noun Plural noun: leveraged buyouts The purchase of a controlling share of a company by its management, using outside capital…
Gibson Brands, Inc. DBA Gibson Guitars Files For Chapter 11 Bankruptcy Protection
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*** UPDATE TO PREVIOUS ARTICLE *** Ending months of speculation concerning the future of the once iconic guitar manufacturing company, Gibson Brands, Inc., the parent…
Connecticut – a Legacy of Debt and the Possibility of Chapter 9 Bankruptcy
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The State of Connecticut ended the 2017 fiscal year on a note of financial doom. As of the end of December, 2017, the state had…