14 Jul2014
Written by CFB Blogger. Posted in Blog
The owners of
Tippecanoe Waste Removal Inc., Kurt and Melissa Kanable, have filed Chapter 7 bankruptcy. The couple and their company are also defendants in a civil suit that was filed in January by the Indiana Attorney General’s office, alleging the pair violated the state’s deceptive consumer sales act.
In Chapter 7 bankruptcy documents, the Kanables report owing $87,408.02, including $59,036 owed to consumers and $6,600 in state and federal income taxes. They list property valued at $36,600, consisting mainly of four trucks, two cars, a camper, a 1923
Model T, household goods and furnishings, miscellaneous jewelry and tools. They claim that $16,588 of those items are protected under bankruptcy law and thus exempt from redistribution. There are no assets to distribute in this case, according to the bankruptcy court and documents filed by the couple.
According to a news article in the
Lafayette Journal and Courier by Chris Morisse Vizza, “the Kanables are accused of collecting money up front in November and December for trash removal services that were to be provided during a three month period”.
However, Tippecanoe Waste Removal ceased collecting both trash and recycling in December and the Kanables posted a message on the company website stating a different trash collection company,
Waste Management, would be taking over those routes and would honor any customers’ advance payments. The problem is, according to the lawsuit, no such agreement existed. The Kanables did not create a corporation and combined their personal and corporate funds in order to make child support and student loan payments, as well as to purchase personal goods, according to a representative from the Attorney General’s office. He stated that Indiana would go after personal assets as well as corporate assets in an attempt to recover some of the customers’ losses and to cover the state’s legal costs.
For information on filing for Chapter 7 or Chapter 13 personal bankruptcy protection, please call
Client First Bankruptcy toll-free today at 800-383-6004 to speak with a qualified and compassionate bankruptcy representative. We answer our phone Monday through Friday from 8:30 a.m.-6:00 p.m. Central Time. For personal bankruptcy information that you can rely on, log onto
www.clientfirstbankruptcy.com any time day or night. We have helped thousands of people eliminate their crushing debt. We may be able to help you, too. Call us today, sleep better tonight.
You and your family deserve a secure financial future. Let us help you achieve that goal.
