He filed the paperwork in Los Angeles, and listed several creditors that he owed money to. There are at least 12 potential creditors that were mentioned in the filing, including a woman that claims the actor tackled her at the Tulsa Airport.

Busey’s liabilities fell between $500,000 and $1 million, while his assets totaled $50,000. The actor, turned reality star, hopes that the bankruptcy protection will allow him to reevaluate his financial situation and start over.

If you are considering filing for Chapter 7 bankruptcy, please contact the Boston Chapter 7 bankruptcy lawyers of Joshua Spirn & Associates by calling 800-975-5346 today.

This strategy comes after the filing of Chapter 11 bankruptcy by American Airlines. The new restructuring of the company will involve roughly 13,000 employees being laid off. Employee pension plans may be eliminated from the company as well.

When the airline company filed for bankruptcy, they claimed that they had accumulated $10 billion in debt in the past few years. The  people who could be affected by the terminations range from pilots to maintenance workers for the airline. The official announcement of the layoffs will be made in the coming days.

If you need help regarding Chapter 11 bankruptcy, please contact the Boston Chapter 11 bankruptcy lawyers of Joshua Spirn & Associates by calling 800-975-5346 today.

Petitions for foreclosures also fell in 2011, by 47 percent. There were approximately 12,634 petitions filed in 2011, a significant decrease from the previous year.

Experts believe that this drastic decline can be attributed to the slow processes of foreclosure lenders and that the real test of the decrease will come during this current year.

If your house faces possible foreclosure, you need experienced representation on your side. Please contact the Boston foreclosure defense lawyers of Joshua Spirn & Associates by calling 800-975-5346 today.

This discrepancy was still present when other factors were accounted for, including: education, income, and home ownership. African Americans are filing for Chapter 13 bankruptcy more often than they are filing for Chapter 7 bankruptcy.

Chapter 13 bankruptcy is the more expensive option and can take as long as five years to pay off. Chapter 7 bankruptcy is the more beneficial option to most individuals, and debt can be paid off in months instead of years.

If you are considering bankruptcy, you need experienced representation on your side in order to know all of your options. Please contact the Boston bankruptcy lawyers of Joshua Spirn & Associates by calling 800-975-5346 today.

The Irving, Texas company is planning on the continuation of operations during the restructuring. Several lenders have already made a commitment to that process by loaning Hostess $75 million after the bankruptcy filing took place.

The company has listed their assets at $981.6 million as of December 10, 2011. The liabilities for the company far succeed the assets and stand at $1.4 billion. Their popular snack, Twinkies, declined in sales by two percent in the 2011 fiscal year, which contributed to the onset of the filing.

If your company is considering filing for bankruptcy, please contact the Boston Chapter 11 bankruptcy lawyers of Joshua Spirn & Associates by calling 800-975-5346 today.

Martin Luther King, Jr. was a student at Boston University beginning in 1951. He earned a PhD in systematic theology from the university, and now in present day the university hosts one of the largest events in all of Boston to him and all of his accomplishments.

The event, Martin Luther King, Jr. Celebration: One Love, will begin at 1 p.m. at the George Sherman Union. There will be a speech delivered by Joseph Sebarenzi, the former president of the Parliament of Rwanda. There will also be musical performances throughout the event.

To find out more details about the celebration, please visit boston.about.com today.

The company, which sells photographic equipment, will close five Washington stores right away. The other three stores located in the Washington area will have large clearance sales. Specialty stores, such as Penn Camera, are finding it hard to maintain their revenue in times when large discount stores, including Wal-Mart, have made much of the same equipment available at a cheaper price.

Several retail stores are reorganizing for the new year, including Macy’s who has already shut down two stores in the Washington area.

If your company is considering filing for Chapter 11 bankruptcy, please contact the Boston Chapter 11 bankruptcy lawyers of Joshua Spirn & Associates by calling 800-975-5346 today.

According to the company, numerous creditors have already agreed to a restructuring plan that would help eliminate part of the debt that has accumulated over the years. Quiznos currently has $875 million worth of debt.

During the recession, customer traffic greatly decreased in the stores and therefore revenue declined. Throughout the United States and in other countries there are 3,500 Quiznos stores. Within the last year, 1,500 of those stores have shut their doors.

If your business is considering filing for Chapter 11 bankruptcy, please contact the Boston Chapter 11 bankruptcy lawyers of Joshua Spirn & Associates by calling 800-975-5346 today.

Saab was formerly owned by General Motors, and according to reports General Motors was not cooperative in giving Saab the necessary licensing for the deal to go through with China, thus resulting in bankruptcy for the Swedish company.

The bankruptcy is believed to be approved rather quickly and then the move into the liquidation phase to start paying off loans and wages will commence. Saab has roughly 3,600 employees who will be eligible for months of wages as well as future wages.

If your company is considering filing for bankruptcy, you need experienced representation on your side. Please contact the Boston bankruptcy lawyers of Joshua Spirn & Associates by calling 800-975-5346 today.

Boston residents can vote online for their favorite display. The voting is currently taking place and will run until December 20. On December 21, Mayor Thomas M. Menino will make an appearance at the store who received the most votes and a celebration will ensue for the winner.

Last year during the competition there were over 5,000 people who voted online. For more information regarding local Boston events, please visit Boston.com today.

The Boston Chapter 7 bankruptcy lawyers of Joshua Spirn & Associates hope that everyone enjoys the holiday season.