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Bankruptcy

: Georgia Bankruptcy Blog

Integrity Bank Files Chapter 7 In Northern District Of Georgia

By Scott Riddle

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Integrity Bank, seized by federal regulators on August 29, 2008 (read here and here), filed a Chapter 7 Bankruptcy petition on October 10, 2008.  In re Integrity Bankshares, Inc., Ch. 7 Case No. 08-80512-pwb (October 10, 2008).   Robert M.D. Mercer of Powell Goldstein LLP represents the Bank, and Jordan Lubin is the Chapter 7 Trustee.  

See also the article in the Atlanta Business Chronicle by Joe Rauch.

At the time of the filing, the holding company reported fewer than 49 creditors and estimated assets of less than $50,000, while its estimated debts were between $10 million and $50 million.

 

Full post as published by Georgia Bankruptcy Blog on November 01, 2008 (boomark / email).

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