URGENT UPDATE: Due to COVID-19, We Can Now File Your Bankruptcy Over The Phone With $0 Down Options. No Office Visit Required. Call (423) 479-4188. FREE CONSULTATION. Open Monday – Friday from 8:00 AM – 5:00 PM.

Richard Banks & Associates, P.C.
free consultations
local: 423-244-0009
toll free: 866-596-8527
Practice Areas

Posts tagged "struggling with debt"

Customers upset as store files for Chapter 7 without notice

Tennessee residents who recently paid for items at the specialty store Professional Appliance Direct may be out of luck. The Johnson City appliance supplier abruptly filed for Chapter 7 bankruptcy on April 3 without notifying customers - homeowners who have already paid for their appliances in advance. Now many residents are without their appliances and their money and have filed police reports against the store.

Tennessee charter school files for Chapter 7 bankruptcy

It can be challenging to keep a business afloat nowadays. Competition and mismanagement can quickly destroy a once-thriving company. Even schools can drown in debt, with bankruptcy the only viable option. This was the case for Tennessee charter school Boys Prep, which filed for Chapter 7 bankruptcy on Aug. 29.

Mobile retailer Wirefly files for Chapter 7 bankruptcy

For Tennessee residents who liked the idea of buying their mobile devices online at cheap prices, Wirefly was the ideal solution. However, the company, which seemed to be enjoying success, has suddenly gone out of business and filed for Chapter 7 bankruptcy. Meanwhile, customers and employees alike are left without a clue as to what exactly happened.