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Bankruptcy

: Arizona Bankruptcy Attorney Blog

Bankruptcy of Blockbuster has More Drama Than Most Movies!

By Joseph McDaniel, Esq.

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Even a big bankruptcy, with lots of resources and a Chapter 11 Plan already set to go on the date of filing, can experience some speed bumps.

I was, however, entertained by the idea that somebody wants a Chapter 11 converted into a Chapter 7 because the debtor is insolvent.

Of COURSE the debtor is insolvent! Putting it another way, and with apologies to "Casablanca": "I'm shocked to discover that the Chapter 11 Debtor is insolvent!"

Contact an Arizona Bankruptcy Attorney 
NOTHING IN THIS BANKRUPTCY BLOG CONSTITUTES LEGAL ADVICE RE A CHAPTER 7, CHAPTER 13, CHAPTER 11, OR CHAPTER 12. FIND AN ARIZONA BANKRUPTCY ATTORNEY WHO IS BOARD CERTIFIED IN BANKRUPTCY LAW, AV RATED, AVVO 10, ON SUPERLAWYERS, OR JUST VERY EXPERIENCED AND A FORMER CHAIR OF SOME BANKRUPTCY THINGIE. NOTHING HERE MAY BE USED AS LEGAL ADVICE IN CONNECTION WITH ANY BANKRUPTCY, WHETHER THAT BANKRUPTCY IS IN PHOENIX, GLENDALE, TEMPE, MESA, SCOTTSDALE, GILBERT, CASA GRANDE, OR ANYWHERE ELSE IN ARIZONA!

Full post as published by Arizona Bankruptcy Attorney Blog on February 13, 2011 (boomark / email).

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