Bankruptcies.Byline: The Register-Guard The following Lane County-area individuals or businesses recently filed business-related bankruptcies in U.S. Bankruptcy Court bankruptcy court n. the specialized Federal court in which bankruptcy matters under the Federal Bankruptcy Act are conducted. There are several bankruptcy courts in each state, and each one's territory covers several counties. in Eugene: Patrick Fisher, 5278 E. St., Springfield, doing business as Oregon Carpet Clinic; bigjungle.com; and Namaste Namasté or Namaskar (नमस्ते [nʌmʌsˈteː] Marketing, and formerly doing business as Beachcomber Marketing Group and as BXI BXI Business Exchange International BXI Buffalo Xerographix Incorporated (Tonawanda, New York) of Eugene, filed chapter 7 personal bankruptcy Personal bankruptcy is a procedure which, in certain jurisdictions, allows an individual to declare bankruptcy. In other jurisdictions, bankruptcies are reserved for corporations. . Assets: $21,763. Liabilities: $52,664. Jamie Johnson
James Wittenborn Johnson (b. 1979) is one of the great-grandsons of the founder of Johnson & Johnson Inc. , 47673 W. 2nd, Oakridge, formerly doing business as Northwest Billing Service and as president of Talk To Me Inc., filed chapter 7 personal bankruptcy. Assets: $164,696. Liabilities: $267,900. Michael and Trena Shequin, 2151 Golden Gardens, Eugene, formerly doing business as Cutting Edge Technologies Inc., filed chapter 7 personal bankruptcy. Assets: $124,030. Liabilities: $531,578. Danny Henderson, 774 Westview, Sutherlin, doing business as Danny R. Henderson Timber Cutting, filed chapter 7 personal bankruptcy. Assets: $3,494. Liabilities: $31,001. Anthony Vassion, 527 10th Ave., Coos Bay, formerly doing business as ABC ABC in full American Broadcasting Co. Major U.S. television network. It began when the expanding national radio network NBC split into the separate Red and Blue networks in 1928. Construction, filed chapter 13 personal bankruptcy. Assets: $89,045. Liabilities: $81,332. Danny White Trucking, 565 South 7th, Creswell, filed chapter 7 personal bankruptcy. Assets: $126,310. Liabilities: $162,871. DEFINITIONS: Chapter 7: Court appointed trustee sells assets to pay off liabilities; debtor is discharged of debts. Chapter 11: Company reorganizes finances under court supervision. Chapter 12: Farm reorganizes finances under court supervision. Chapter 13: Debtor arranges to repay debt. |
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