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Law Office of W. Thomas Bible, Jr.

October 2015 Archives

Planning ahead for holiday credit card debt

The holidays are swiftly approaching, and, for American families, the holidays often mean a number of large purchases will be made during the festive season. However, for Tennessee residents, this can also mean accruing credit card debt that can be difficult to repay once the tinsel comes down. Thankfully, there are a variety of strategies available for those who take on more debt than they can handle.

Brewhouse files for Chapter 7 bankruptcy

Beer drinkers in a Southeastern state will be disappointed to learn that a prominent pub is closing its doors for good. Steel City Brewhouse filed for Chapter 7 bankruptcy as of Oct. 14 in a U.S. Bankruptcy Court close to the family-owned business. While it is certainly a blow to the hops-loving community, Tennessee business owners know a bankruptcy filing of this type is usually a well thought-out decision made by a business owner doing what's best for his or her financial situation. 

Fashion company files for Chapter 7 bankruptcy

An out-of-state fashion company best known for its custom work done on behalf of other brands is closing its doors for good, according to business news local to the company. Fashionistas here in Tennessee may recognize the work of David Peck, who has owned David Peck LLC since 2011. Mr. Peck has filed for Chapter 7 bankruptcy, citing unresolvable debt. 

Prominent tech company files for Chapter 7

A well-known tech company has closed its doors for the last time, according to business news local to the company. Tennessee tech insiders might be familiar with Interphase, best known for producing embedded computer and networking products. The company has filed for voluntary Chapter 7 bankruptcy as of Sept. 30. 

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