Barber denied discharge of Chapter 7 bankruptcy.
Former northwest Arkansas developer Brandon Barber was denied discharge of his Chapter 7 bankruptcy last week in an order issued by United States bankruptcy Judge Ben T. Barry.
The 28-page order came as a result of a complaint filed by Legacy National Bank of Springdale, one of the creditors listed in Barber's roughly $48 million bankruptcy filing.
"We are very pleased by the Court's thoughtful and thorough ruling," said Marshall Ney, an attorney at Mitchell Williams Selig Gates & Woodyard PLLC in Rogers. The Mitchell Williams firm represented Legacy.
"As you can see from the 28-page opinion, we had quite a lot of evidence to support this result," Ney said. "With more time, I suspect we would have developed even more. Now we will turn our attention to collection from Barber and, perhaps, those who helped him."
Attempts to reach Barber and his attorney, K. Vaughn Knight, were unsuccessful.
Barber could face garnishment of up to 25 percent of his net income until his debts are paid.
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|Article Type:||Brief article|
|Date:||Nov 15, 2010|
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