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Law Office of W. Thomas Bible, Jr.

April 2016 Archives

Coffee chain files for Chapter 7 bankruptcy

A small coffee chain in another state has shut its doors after a difficult financial period, according to local business news. Genessee Coffee has filed for Chapter 7 bankruptcy, citing untenable debt. Thankfully, as Tennessee residents know, bankruptcy offers debt forgiveness and the dissolution of assets in order to help company owners recover from debt. 

Chapter 7 bankruptcy filing closes homebuilder

A remodeling and homebuilding company has closed its doors thanks to its decision to handle its unmanageable debt, according to sources local to the business. Tennessee business owners know how tenuous the homebuilding business can be, particularly since the collapse of the housing bubble some eight years ago. This particular company filed for Chapter 7 bankruptcy on April 5. 

Settling up a credit card debt

Credit cards are a valuable tool and a vital part of building a financial portfolio, but they also have their drawbacks. Tennessee residents are well aware how crippling credit card debt can be for families both in-state and across the country. While there are a variety of options for dealing with credit card debt, it is important to have a handle on what the outcomes will be if they are utilized. 

"Martin" actress files for Chapter 7 bankruptcy

An actress best known for her role as Martin Lawrence's on-screen girlfriend is facing troubling financial news, according to local sources. Tennessee residents may be familiar with actress Tisha Campbell, who played Gina on TV's "Martin." She and her husband have apparently filed for Chapter 7 bankruptcy as of this report. 

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