Friday, August 04, 2006 

Bankruptcy Law - Noketown has shut down


Noketown has shut down
Another door closed Another downtown Roanoke restaurant has closed. Noketown Bar & Grill, at the corner of Second Street and Kirk Avenue, closed its doors after less than four months, and owners Jason and Michelle Woolfolk have put it on the block.

White River Capital, Inc. Announces Results for the 2nd Quarter of 2006; Net Income for the Second Quarter of 2006
INDIANAPOLIS--July 27, 2006--White River Capital, Inc. (Pink Sheets:WRVC) ("White River") today announced net income for the second quarter 2006 was $3.6 million, or $0.94 per diluted share (based upon 3,868,828 diluted shares outstanding), compared to second quarter 2005 net income of $12.5 million, or $40.36 per diluted share (based upon 310,191 diluted shares outstanding).

Utah sees big drop in filings of bankruptcy
Utah's bankruptcy filings were down 77 percent through June compared to the first six months of 2005, the U.S. Bankruptcy Court for the District of Utah reported Thursday.

Steuben convict freed from prison
A Steuben County man whose attempted murder conviction was overturned in April has been released from prison after state attempts to keep him there were denied.

Monday, July 31, 2006 

Bankruptcy Law - Does a Chapter 7 Debtor Have a Right to Convert?


Does a Chapter 7 Debtor Have a Right to Convert?
International News Service, Australia - Jul 6, 2006... In that case, the debtor transferred real estate into a spendthrift trust prior to filing Chapter 7 bankruptcy, and designated himself as the sole beneficiary. ...

Can IRS take house fraudulently transferred to son?
SouthCoastToday.com, MA - Jul 21, 2006... In 1994, the IRS filed its notice of tax lien. In 1996, Rosalina and Coriolano filed Chapter 7 bankruptcy and discharged their debts. ...