Posts Tagged ‘bankruptcy filing’

Celebrity Bankruptcy: Restaurant Owned By Eva Longoria Files Bankruptcy

Beso, the Las Vegas restaurant and nightclub owned by actress Eva Longoria and several other co-investors, has filed for Chapter 11 bankruptcy with nearly $5.7 million in debt and other liabilities.
Beso LLC, 32 percent owned by Longoria, listed assets of about $2.5 million in the Chapter 11 bankruptcy filing in U.S. Bankruptcy Court in Las [...]

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“Aged” Asset Transfers Can Still Lead To Bankruptcy Troubles

In a recent bankruptcy case involving debtors who were saddled with a $19.7 million dollar judgment after the shooting of a former employee, the bankruptcy court voided several asset transfers despite the fact that the transfers were made before the judgment against the debtors was made.
The debtors in the case knew that they were [...]

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Filing Bankruptcy After College

During this recession more young people 18 – 34 years old are trying to take charge of their finances.  But taking charge of finances can be particularly difficult for college educated youth who are short on resources and deep in debt.  Making their situation worse is the fact that jobs are in short supply and [...]

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Three Tax Myths That Could Land You In Trouble With The IRS

Tax time is right around the corner and this is about the time that a lot of myths get thrown about online and offline. If you want to stay out of trouble with the IRS and get your tax situation done correctly take a look at some of the most common but nonetheless untrue tax myths out there:

1. Money earned online is tax-free. Whether you earn money online or offline, all revenue is taxable by the IRS and must be reported to the IRS on your income tax filing. One of the biggest victims of this tax myth are entrepreneurs who finding more of their business online than before. Do yourself a favor and take the time to carefully document and report all revenue earned online and offline to the IRS at tax time.

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Dallas not the only city struggling with corruption issues

Former Louisiana Congressman Jefferson now struggling through bankruptcy

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How Bankruptcy Can Impact Businesses

Contact a qualified bankruptcy attorney to learn how bankruptcy can open the doors of homeownership for you.

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Annie Leibovitz battling debt collectors

Bankruptcy filing may be best option to regain control

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