Nashville Healthcare Companies Seek Chapter 7 Bankruptcy

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Alana Healthcare Pharmacy and Alana Healthcare Infusion Centers, two subsidiaries of Nashville-based Alana Healthcare, have recently filed for Chapter 7 bankruptcy in federal court. Alana Healthcare Pharmacy lists $13.9 million in liabilities and $1.7 million in assets. Alana Healthcare Infusion Centers lists $8.5 million in liabilities and only $154 in assets. According to an article in the Nashville Business Journal by Eleanor Kennedy, ComVest Capital is the primary creditor on both bankruptcy filings, with both companies showing an $8.5 million claim by the investor. Alana Healthcare Pharmacy lists seven other creditors, including a claim from ASD Healthcare and several other claims ranging from $279 to $149,483. Alana Healthcare Infusion Centers has four other creditors for claims related to cleaning, contract labor and marketing. If you are facing piles of unpaid credit card bills, medical bills and deficiencies on foreclosed mortgages or repossessed cars due to long-term unemployment, filing for Chapter 7 or Chapter 13 personal bankruptcy with a Client First Bankruptcy attorney at your side may be the key to your financial freedom. For your free initial phone consultation, please call us at 800-383-6004 Monday-Friday from 8:30 a.m. – 6:00 p.m. Central Time. For up-to-date information on filing your personal bankruptcy, you can log onto www.clientfirstbankruptcy.com anytime. We have helped thousands of clients discharge their debt; we may be able to help you too. Stop struggling with bills; stop dreading phone calls from creditors and start living debt-free. C’mon, what are you waiting for? Call us now!

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Chapter 7 Bankruptcy Texas-Style

Written by CFB Blogger. Posted in Blog

Big State Remodeling and its president, Randolph “Randy” Reid, have recently filed separate Chapter 7 bankruptcy cases. Each bankruptcy case lists $1 million to $10 million in liabilities; $500,000 to $1 million in assets and estimates creditors (businesses or individuals) of between 100 to 200. According to an article by Karen Smith Welch for the Amarillo Globe News, Reid’s bankruptcy filing is an individual case for personal bankruptcy that lists he has done business as Big State Remodeling Inc., Backyard Spa and Leisure LLC, Big State Granite Transformations LLC, RDB Reid Investments LLC, Big State Remodeling Management LLC and Big State Remodeling Ltd. U.S Bankruptcy Court records reveal that Reid had previously filed for Chapter 7 bankruptcy in 1996 in Houston. The Better Business Bureau (BBB) had revoked the construction company’s accreditation in October “due to the company’s failure to eliminate underlying causes of complaints consumers made to the BBB, unresolved complaints and failure ‘to honor an arbitration award after committing to do so’, the BBB website said,” the news story avers. There have been 15 complaints against the business over the past three years. The most recent complaint filed this past January was from a customer who had made a deposit of just over $6,000 and had a signed contract for work that was to have begun last November. Reportedly, the remodeling company did not respond to either that customer or to the BBB regarding the problem. Rather ironically, Remodeling magazine cited Randy Reid and his brother, Tim Reid, in its 2009 Big 50 under the category “Movers & Shakers”. The article listed the company’s 2008 sales volume as $6.3 million. Oh how the mighty have fallen—and taken their customers along with them. The Client First Bankruptcy attorneys are an unsurpassed staff of the most knowledgeable consumer bankruptcy attorneys in the country, representing thousands of clients each year in consumer bankruptcy matters. Client First Bankruptcy attorneys are current on all of the new Chapter 7 and Chapter 13 bankruptcy laws and are familiar with specific bankruptcy law in many states. Client First Bankruptcy attorneys answer their phones Monday through Friday from 8:30 a.m. to 6:00 p.m. Central Time so you can get your initial phone consultation at a time that is most convenient for you. Our aggressive representation and extensive experience have earned the Client First Bankruptcy attorneys a national reputation for excellence in the representation of debtors in financial distress. Call us today toll-free at 800-383-6004 and log onto our easy-to-use interactive website at www.clientfirstbankruptcy.com for important and accurate information regarding your  own personal Chapter 7 or Chapter 13 bankruptcy.

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