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Posts tagged "business debts"

Tomato shipping business in Florida files for Chapter 11

Apparently in hopes of continuing operations, East Coast Brokers & Packers have filed for Chapter 11 bankruptcy protection in the Florida courts. Besides being in the tomato shipping business, the owners of the packing company also own a hotel that has been closed for the last ten months.

Owner who operated Florida restaurants files for Chapter 7

An owner, who operated a number of businesses, including restaurants in Florida, recently filed for Chapter 7 bankruptcy. His wife is also listed as a joint debtor. As of now, his Swisshelm Group, Inc., answering machine message claims the office is closed for good.

Show me the money: 'Jerry Maguire' inspiration files for Chapter 7

Back in 1996 the movie "Jerry Maguire" came out. The inspiration for the film came from the first sports agent Leigh Steinberg. And while most Florida residents have heard the "show me the money" line from the movie, it turns out that creditors really are asking for money from Steinberg.

Former Florida power couple to sell $10.5 million estate

A Florida couple has gone from hosting fundraisers for presidential candidates Hillary Clinton and Barack Obama, to auctioning off their house and selling other vacation properties in order to pay back millions of dollars owed to creditors. As of now, it also appears that the couple's financial problems stem from a failed business venture.

Well-known socialite files for Chapter 7 bankruptcy

Patricia Kluge, a former socialite and entertainer to the rich and famous, has entered into Chapter 7 bankruptcy with her husband William Moses. And while the couple declined to comment on the exact details of the filing, it is known that the two had some business ventures that did not work out.

Florida developer files for Chapter 7 bankruptcy

The developer who was once in charge of several Daytona Beach boardwalk projects in Florida recently filed for a Chapter 7 bankruptcy. According to the bankruptcy filing, the developer has $39 million in liabilities, with a large portion of that debt coming from a $17.5 million loan he had taken out for Ocean Walk Shoppes.

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