Bankruptcy Info

Slick Deal Ends Up Bad for Debtor

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Background: Company Principals sold their Company A to Company B All become employees of Company B that bought them out One month later, all 3 principals did the following: Left Company B Went to work for a competitor Took trade secrets to their new employer Recruited a significant amount of employees Company B that bought […]

Bankruptcy Info

Happy Valentine’s Day – How Do You Mend a Broken Heart? Not by Filing an Involuntary Chapter 7 Petition Against Your Wife….

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Background: Husband and Wife going through a Divorce. As a result of Divorce, husband was looking for a way to seek some sort of revenge against his wife. Husband without consulting an attorney files an involuntary bankruptcy petition against his wife. It became obvious to the Court that he had no intention or knowledge to […]