“Emergency” Chapter 7 Bankruptcy Filed in Los Angeles

Written by CFB Blogger. Posted in Blog

Mekhi Phifer, an actor on the long-running NBC hit drama “ER”, has recently filed for Chapter 7 bankruptcy. The celebrity, who also co-starred with actor/rapper Eminem in the film “8 Mile”, lists liabilities of approximately $1.3 million and assets of only $67,701, according to bankruptcy documents filed with the Los Angeles bankruptcy court. According to TMZ and Melanie Cohen writing for the Wall Street Journal Bankruptcy Beat, Phifer’s assets include several guns and a 12-year-old Segway. Most of his debt is owed to the Internal Revenue Service and California’s Franchise Tax Board. Phifer reports having a monthly income of $7,545 but spending $11,574. Regardless of your income, if you spend more than you earn, you will invariably find yourself in financial peril and perhaps in bankruptcy court. If you are contemplating filing for a Chapter 7 or Chapter 13 personal bankruptcy, do not proceed without an experienced and knowledgeable bankruptcy attorney from Client First Bankruptcy at your side. To schedule your free initial consultation, please call 800-383-6004 Monday through Friday from 8:30 a.m. to 6:00 p.m. Central Time. For up-to-date and accurate bankruptcy advice any time, please log onto our new, easy-to-navigate site, www.clientfirstbankruptcy.com. It could be the key to your financial freedom. Attorneys from Client First Bankruptcy have helped thousands of consumers discharge their crushing debt. Let’s talk; we may be able to help you, too.