Omaha Businesses File Chapter 7 Bankruptcy

Written by CFB Blogger. Posted in Blog

Two separate Omaha, Nebraska, businesses have each recently filed Chapter 7 bankruptcy cases reports Russell Hubbard in The Omaha World-Herald. Meyer & Sons Mail Order Comics, a mail-order comic book outlet, listed about $1 million in liabilities with less than $50,000 worth of assets. Mitch Meyer, who owned 25% of the business stated in the article, “’We just wound up in a poor position financially.’” The main creditors of Meyer & Sons are Wells Fargo Bank as well as a Maryland comic-book distributor. There will likely be no assets to distribute to any creditors in this Chapter 7 bankruptcy case. Tommy Colina’s Kitchen, with now-shuttered locations in midtown and west Omaha, had recently finished third among Omaha restaurants in The World-Herald’s Food Prowl for Best Eggs Benedict. Grant Lundin, a shareholder and a co-owner of Tommy Colina’s Kitchen has also filed for Chapter 7 bankruptcy. His bankruptcy filing showed about $215,000 of debt, mainly associated with the now-defunct eatery, and assets of about $70,000.  The largest creditor in the Tommy Colina’s Kitchen bankruptcy is an Illinois restaurant wholesaler that is owed approximately $120,000. For experienced and knowledgeable Chapter 7 or Chapter 13 personal bankruptcy assistance, trust the attorneys from Client First Bankruptcy who have helped thousands of satisfied clients discharge their debt. For your free initial phone consultation, please call our knowledgeable and compassionate lawyers toll-free Monday through Friday from 8:30 a.m.-6:00 p.m. Central Time at 800-383-6004.  And you can log onto www.clientfirstbankruptcy.com for vital and timely bankruptcy information 24/7 so you can get the information you need at your convenience. You and your family deserve to live without overwhelming debt hanging over your head. Call us; talk to us; we may be able to help you and your loved ones get out from under debt.