School Daze Chapter 7 Bankruptcy

Written by CFB Blogger. Posted in Blog

Digital Imaging Arts Inc., the company that runs the Center for Digital Imaging Arts in Waltham, Massachusetts, has recently filed for Chapter 7 bankruptcy.  The for-profit company listed assets from $500,000 to $1 million and liabilities from $10 million to $50 million. Digital Imaging Arts, founded in 2002, listed its officers as Robert Daniels, Robert Frazier, Thomas O’Brien and Cary Wolinsky, as of December 31, 2013. Frazier, who is listed as vice president, signed the bankruptcy documents. According to a news story by Eric Convey appearing in the Boston Business Journal, the website for Boston University lists courses in animation, audio and video production and photography, some seeming to be taught by practitioners rather than academics. The university’s website states that it offers “certificates in various media-related fields”. A university spokesman, Colin Riley, said that the Chapter 7 bankruptcy will not affect BU or the students enrolled there. Riley avers that “’There’s no corporate relationship to BU.’” For experienced and knowledgeable Chapter 7 or Chapter 13 personal bankruptcy assistance, you can rely on the attorneys from Client First Bankruptcy who have helped thousands of satisfied clients discharge their overwhelming debt. For your free initial consultation, please call our knowledgeable and compassionate lawyers toll-free at 800-383-6004.  We answer our phones Monday-Friday from 8:30 a.m. – 6:00 p.m.  And log onto www.clientfirstbankruptcy.com for vital and timely bankruptcy information 24/7 so you can get the information you need when the time is right for you.