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Tagged: versus

Sisel Versus Neways – The Batte Begins

Legal

Sisel Versus Neways – The Batte Begins

Sisel Versus Neways – The Batte Begins Sisel International released a press release on 8 June 2007 in response to the lawsuit issued against them by Neways International. Neways was sold to Golden Gate Capital in 2006 and since the acquisition, Golden Gate has sold off assets such as the corporate headquarters and manufacturing facilities in Utah. As with its acquisition of Herbalife, it seems Golden Gate are liquidating Neways in preparation of a sell off as a former shell of itself or to use the funds raised for other take-overs. Sisel International is run by Darrick Mower and Tom...

Debt Consolidation Refinance Advice: Chapter 13 Bankruptcy versus Ch. 7 BK

Legal

Debt Consolidation Refinance Advice: Chapter 13 Bankruptcy versus Ch. 7 BK

Debt Consolidation Refinance Advice: Chapter 13 Bankruptcy versus Ch. 7 BK Under the old bankruptcy laws, most debtors chose between a liquidation proceeding under Chapter 7 of the Bankruptcy Code and a wage-earner repayment plan under Chapter 13. Under the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 (BAPCPA), new bankruptcy law, a two-part means (income) test now determines if your are eligible for Chapter 7 or must file under Chapter 13 for relief. And, because the new law imposes stricter requirements on lawyers, it’s harder to find an attorney to represent you in a bankruptcy case. The new...