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Midwest Therapy Associates, Inc., which provided occupational and physical therapy for both children and adults, suddenly closed its outpatient clinic in January 2011 and has filed for Chapter 7 bankruptcy. The closing reportedly impacted 35 employees and hundreds of patients.

 At the time of the bankruptcy filing, the company reported $290,580 in assets and $1.49 million in liabilities. They also reported losses of $180,532 in 2008, $65,251 in 2009 and $89,142 in 2010, reports Ben Sutherly on www.daytondailynews.com.    

Huntington National Bank had previously won a judgment of $272,674 plus interest against the therapy business in December 2009 in Greene County Common Pleas 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 Legal Helpers at your side. For your free initial consultation, please call 800-260-1402 . It could be the key to your financial freedom.

Personal insolvency can be declared by any person that finds himself unable to pay off his debts or part of his debts through other means – in short, when a financial situation has become unsolvable with no realistic hope of improvement in sight. When declaring bankruptcy a person has the possibility to choose between filing for chapter 7 or chapter 13 bankruptcies. Both these methods are extreme and they will stay on the person?s credit history for a very long time, making it very difficult to apply for large loans or mortgages. Even though you can find lenders willing to lend you money after you declared insolvency, you will have to pay higher interest rates and fees and you may not be allowed to ask for a large sum of money.

Because chapter 7 bankruptcy implies that a person is obliged to put at the disposal of his lenders all the assets and properties so that they can recover the money they borrowed, most people prefer filing for chapter 13 insolvency. Depending on the total sum of money that a person owes and the financial recovery possibilities, chapter 7 can sometimes mean losing a valuable asset such as a home or car. Read more…

The sudden occurrence of monetary crisis can prove to be a nightmare. Most people tend to have a limited income, which is sufficient for taking care of monthly requirements. At the end of the month, they are hardly left with extra cash to take care of unexpected financial needs. During such occasions, Jacksonville car title loan will prove to extremely handy. These kinds of loans will enable you to get instant cash, irrespective of your credit rating. By means of these loans, you will be able to get cash within a couple of days. You can also apply for Jacksonville car title loan through online straight from your home.

All that you need to do is to complete an online application form. There is no need for you to produce a lot of documents, neither there is a need to go through complicated procedures. Moreover, qualifying for these loans is also very easy. People, who have filed for bankruptcy or have poor credit score, can also apply for Jacksonville car title loans.

The only requirement for these loans is that the borrower needs to have a lien free car title. Read more…

Title loans and secured loans are very similar, but they tend to differ from each other on one single aspect. Unlike secured loans, where the type of collateral is not mentioned clearly, title loans specifically insist on vehicles to be produced as collateral. In title loans, the loan lenders ask the borrowers for the official document of possession of the automobile, which is termed as title. Therefore, for the entire duration of loan term, the car owner is free to use his vehicle, since the loan lender only holds the title.

Generally, title loans are offered for a restricted time period. Like other prevalent short-term loans, these types of loans are also quite expensive owing to the excessive interest rate. Once the borrowers pay back the loan amount, they get back their automobile title.

The most important requirement for obtaining title loans is a clear ownership certificate of the automobile. This will also help in speeding up the approval process of the loans. Normally, compared to traditional loans, the approval procedure of these loans is extremely fast and simple. Read more…

One question that many potential bankruptcy filers have is how the bankruptcy court handles inherited money and money that bankruptcy filers expect to receive in the months after their filing. The answer depends on a few variables. Here’s a look at some of them.

• The 180-day rule. One of the most important rules about bankruptcy and inheritance is that funds inherited within 180 days (or about six months) of the filing of a bankruptcy petition are generally considered to be part of the bankruptcy estate. This means that the bankruptcy court has the right to use those funds to repay creditors, pay court fees or do anything else it deems appropriate.
• Date of death. In the case of money inherited from a deceased person’s estate, the date of death will be taken into consideration. If the person died within the 180-day window, then the funds generally go to the bankruptcy estate, even if the filer doesn’t receive them until some time later.
• Type of inheritance. Another factor bankruptcy courts consider is how a person inherited money. Depen

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If you are currently struggling to handle all debt payments, then you must have realized that you simply cannot pay the bills, the loans and have some cash left for everyday necessities without a debt repayment plan that suits your budget. In order to avoid debt, then you must think ahead before you actually apply for a loan. Even though you might need a large sum of money, you should take your time and think if you are able to return it and whether a loan is your only option.

However, it can happen that you do not have other alternatives and you immediately need a large sum of money that is difficult to repay. For these cases, the most common method people call on is the debt consolidation plan. Nonetheless, the best case scenario is to be able to have more options to choose from. One way you can ensure that you will have some available options when you are in trouble is to ask for quotes from various companies.

Sure, debt will have a negative impact on your credit score and you will have trouble finding a company that can provide you with a good deal. Read more…

A superbug victim, for infections, was not given proper medical assessments until seven weeks after going into the hospital indicates Los Angeles Elder Abuse Lawyer Steven Peck.

A particular 86-year-old was admitted anemia and dehydration.

But it was not until 50 days later after being moved to a new ward for the second time since being admitted, that staff carried out a falls risk assessment, a nutrition assessment and an assessment which outlines the patient’s chances of developing bed sores. The elder also tested positive for C diff a horrible and painful infection which killed eighteen other residents.

According to Department of Health Services records, the assessments and the medical records were inadequate in care planning for these elderly patients.

The bed-sore assessments, in this matter, rated many of them as at “high risk” of developing pressure sores, but ignored guidelines for review procedures.

Have you or someone you know become a victim of nursing home abuse or neglect?

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The worsening worldwide commercial condition that doesnt seem to have even a stark of light on the horizon is still wreaking havoc on many money systems around the world and it has been the cause of many of those who in the past were tagged as stable companies to either close shop or lay off a fair number of their employees.

Universally, millions have been impacted by cutbacks leading to retrenchments and instead of settling with lower pay, many have just chosen to try their luck in finding other jobs that may compensate them ably with wages that match their work output and capacities. So, a lot at the moment are jobless waiting for better opportunities .

However , employed or jobless, our daily expenditures dont change and in fact , it may even multiply created by the extra cost of education when our youngsters begin to go to school, gas money ( which keeps on augmenting each chance it gets particularly with the deteriorating situation in the Middle East ), other resources such as natural gas, electricity, cable web and television, and a whole lot of other payables.

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Recently released numbers on personal bankruptcy filings show that April’s numbers were down from both March 2011 and April 2010, more or less following the trends that experts have predicted for the remainder of this year. Here’s a closer look at the specifics, and what this means for you.

• The 21 business days in April saw 130,000 total bankruptcy filings, which comes to 6,177 filings per business day.
• The number of filings shows a decline of 2.9 percent from March, and 7.1 percent from April 2010.
• So far this year, filings have decreased each month at a rate somewhere between 5.6 percent and 8.2 percent compared to 2010 numbers.
• In the past 12 months, 4.9 in 1,000 people have filed bankruptcy petitions. The number in 2004 (before the new bankruptcy law was passed) was 5.5 per thousand.

According to these statistics, April 2011 bankruptcy numbers suggest a decline in bankruptcy filings both compared to recent months and to last year. Ban

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