Skating on Thin Ice

Written by CFB Blogger. Posted in Blog

Skate ‘N’ Place, a Bloomington, Illinois, skating rink has filed for Chapter 7 bankruptcy. The skating emporium, which has been in business for almost 50 years, is owned by Georgianna and Gene L. Cunningham, a wife and her husband. According to an article by Edith Brady-Lunny for www.pantagraph.com, the company had initially filed a Chapter 11 bankruptcy case in March. That case has recently been converted to that of a Chapter 7 bankruptcy. Bankruptcy records list $1.2 million in debt, with $600,000 in secure claims, which normally have priority for any funds collected during the legal process. The largest claims have been filed by First Federal Bank, Busey Bank and First Farmers Bank. When considering filing Chapter 7 or Chapter 13 bankruptcy, it is imperative that you have the best legal advice and representation available. The bankruptcy attorneys at Client First Bankruptcy experts are familiar with all aspects of personal bankruptcy. If you are sick of seeing unpaid credit bills and late car payment notices piling up in your home and if you are afraid to answer the phone dreading that it is another debt collection agency harassing you, call the compassionate and experienced bankruptcy lawyers at Client First Bankruptcy experts. We pride ourselves on helping people just like you start a new financial life. Call us Monday thru Friday from 8:30 a.m-6:00 p.m. Central Time toll-free at 800-383-6004. For vital information on filing your personal bankruptcy any time, please log onto www.clientfirstbankruptcy.com in a user-friendly, interactive format.