23 Apr2014
Massachusetts Businessmen File Chapter 7 Bankruptcies
Written by CFB Blogger. Posted in Blog
Massachusetts businessmen Paul J. Salvador and Walter W. Salvador, both with extensive business interests in the
Bay State, have recently filed separately for Chapter 7 bankruptcy. Paul Salvador lists assets of $100,000 and $500,000 and liabilities in the range of $1 million to $10 million. Walter Salvador lists assets of $500,000 and $1 million with liabilities of between $1 million to $10 million.
According to a news account by Eric Convey in the
Boston Business Journal, bankruptcy filings list “extensive business interests for both men”. Companies where they hold, or held, various management or ownership roles include
Salvador & Company Insurance Agency Inc., Salvador & Company Mortgage and Financial Corp., The Salvador Group Ltd., Salco Shipping Corp., Salvador & Co. Real Estate Corp., Total Financial Services Inc. and
EHS Shipping Inc.
The
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