Carr & Pew

Bankruptcy and Tax Attorneys at Law

Car Dealer Gets Sued By Court and is an Watch List From the IRS

carrlaw | June 24, 2009

A Minnesota car dealer has been sued by the trustee in the bankruptcy court he has filed bankruptcy with. Remember the car dealer that was found in Utah with 80 plus cars. He was trying to smuggle them out of his dealership because he was facing closure.
We thought this one was pretty interesting. What had [...]

No Surprise, Bankruptcy Filings Up!

carrlaw | June 19, 2009

According to the US Bankruptcy court the filings for Bankruptcy are up compared to last year. Not a surprise with the declining economy. The one surprise in the report is that the rise came mostly from chapter 11 filings, with a 69 percent jump in chapter 11. Followed by a 33 percent jump in chapter [...]