As was contemplated in the Wisconsin press, Shopko's parent company and related subsidiaries have filed for bankruptcy protection. This has been big news in Wisconsin as Shopko is a well-known and loved store. Shopko has filed a Chapter 11 bankruptcy. This is vastly different from a Chapter 7 bankruptcy or Chapter 13 bankruptcy like most [...]
It appears that in December of 2018 there were 317 bankruptcy cases filed in the United States Bankruptcy Court For the Western District of Wisconsin, right here in Madison, Wisconsin. As always, if you are contemplating bankruptcy, you should talk with a lawyer experienced in bankruptcy. Attorney Steven Zaleski
According to recent media reports, Shopko may be heading for Chapter 11 bankruptcy. One Wisconsin paper reports that Shopko is significantly behind on payments to a drug supplier to the tune of 67 million since November 2018. Apparently, the supplier has petitioned a Wisconsin circuit court to prevent Shopko to continue selling its drugs to [...]
The national media has recently reported that the Boy Scouts of America are considering seeking protection under the United States Bankruptcy Code as a result of claims filed against the organization for alleged sexual abuse. Stay tuned for more updates.
We are less than 60 days out from a new year! Time to start thinking about things we want to change in 2019. What are you thinking about tackling? For a lot of Wisconsinites, it will be debts and financial burdens that have gotten out of control. Let's talk about a fresh start...give me a [...]
Yes, the Christmas season is upon us. Time to load up on food, sweets, and presents. Unfortunately, the season is one where people over extend themselves in many directions including financially. We are talking about credit card debt. It is of course considered fraud to "load up" on credit card debt and then file bankruptcy. [...]
Attorney Steven Zaleski here to report the number of new bankruptcy cases filed here in Madison Wisconsin in the bankruptcy court for the Western District of Wisconsin. For the month of September 2017, court documents report that 300 chapter 7 cases were filed and 82 chapter 13 cases were filed.
It appears that Puerto Rico has become the first American state or territory in history to seek bankruptcy-type protection. Puerto Rico is proceeding under a federal law enacted last summer, "Promesa," which is similar to Chapter 9 bankruptcy protection for municipalities. Apparently, Puerto Rico has $123 billion dollars of debt and pension obligations. In comparison, [...]
The ABI reports that in June 2017, 362 new bankruptcy cases were filed in the United States Bankruptcy Court for the Western District of Wisconsin.
The statistics from the American Bankruptcy Institute are in for the month of May 2017. Wisconsin bankruptcy filings in the United States Bankruptcy Court for the Western District of Wisconsin total 417.