Florida Real Estate Corporation Files Chapter 7 Bankruptcy

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Quail Ridge of Vero Beach LLC, a Florida corporation owned by Doug Hazel, son of the late prominent Washington, Missouri, businessman Ernest Hazel III, has recently been forced into Chapter 7 bankruptcy in the U.S. Bankruptcy Court for the Eastern District of Missouri. The bankruptcy comes after Hazel Investments LP, which is run by Doug Hazel, had previously filed for Chapter 11 bankruptcy this past November. Heartland Bank, one of the real estate corporation’s main creditors, filed the involuntary petition. Heartland reportedly has a “secured mortgage/note” with Quail Ridge of Vero Beach. Doug Hazel, averred that Hazel Investments LP, which is in the “real estate development business and banking,” would continue to operate during bankruptcy proceedings. According to a news article by Jacob Kirn in the St. Louis Business Journal, the company’s other creditors include Enterprise Bank; Bank of Washington; Citizen’s National Bank in St. Louis; Citizens Bank of New Haven; First State Community Bank in Farmington; Grand Bank and Trust in West Palm Beach, Florida; M&I Bank, Rabo AgriFinance in Lakeland, Florida and United Bank of Union. The elder Hazel had headed the leather and vinyl goods manufacturing firm, Hazel Inc., which was sold to Josten’s Inc. in 1984 for some $25 million. The Client First Bankruptcy attorneys are among the most knowledgeable consumer bankruptcy attorneys in the U.S., representing thousands of clients in Chapter 13 and Chapter 7 bankruptcy cases. Client First Bankruptcy attorneys answer their phones Monday thru Friday from 8:30 a.m.-6:00 p.m. (Central Time) so you can get your initial complimentary consultation at a time that is convenient for you. Our aggressive representation and extensive experience have earned Client First Bankruptcy a national reputation for excellence in the representation of debtors in financial distress. Call us toll-free at 800-383-6004 and log onto our easy-to-navigate, interactive website at www.clientfirstbankruptcy.com for timely and vital information on filing your Chapter 13 or Chapter 7 bankruptcy.

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Time is Up for Garage Door Company

Written by CFB Blogger. Posted in Blog

Designer Doors, a company that manufactures overhead and entry garage doors, shutters and gates, has shuttered operations and filed for Chapter 7 bankruptcy. The company, which is owned by Steve Williams, began in Minnesota in 1987, and moved to River Falls, Wisconsin, in 1996. According to a news account in the River Falls Journal by Steve Dzubay, the 40-50 employees of the garage door manufacturer, found out about the closure when they came to work last month. The company had been closed the preceding week, apparently due to a dearth of new orders. The company, which was founded by Kent Forsland, began the company by fabricating steel garage doors. However, the story stated, “In recent years the company was reported to be shipping out 50 handcrafted, carriage-style wood doors for houses and businesses each week. Most sales came from New England, the Mid-Atlantic states and Florida. Forsland sold his company to Williams in 2011.” Forsland still owns the building and surrounding five acres; when he learned of the company’s closure and bankruptcy he stated, “’I can say it’s a shock…disappointing for everybody.’” At its peak, Designer Doors reportedly employed some 100 people, down to between 40 and fifty at the current time. If you need to file Chapter 7 or Chapter 13 bankruptcy, you need the knowledgeable and experienced bankruptcy attorneys from Client First Bankruptcy to help you with all of your legal proceedings. We have successfully guided thousands of consumers like you to the discharge of their overwhelming debts. Log onto our interactive website at www.clientfirstbankruptcy.com and call us toll-free at 800-383-6004 for your free initial consultation.  Our empathetic lawyers answer their phones Monday-Friday from 8:30 a.m. to 6:00 p.m. Central Time so you can get the answers to some of your most pressing questions at a time that is convenient for you. It could be the key to your financial freedom. Don’t wait even one more day; call now.

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