Tag Archives: bankruptcy

  • The Journal of Steffanie Rivers: GM is in a State of Total Recall

    Jun 24, 14 by riversteff 1 Comment

    *If you want to know why I’ll never purchase another new vehicle all you have to do is look at the General Motors fiasco. Last week, GM,  the corporation that manufactures Buicks, Chevrolets, Cadillacs, and GMCs issued its 44th recall due to another vehicle defect. In the United States alone that affected 17 million vehicles […]

  • Report: Mekhi Phifer Files for Bankruptcy

    May 7, 14 by EURPublisher01 1 Comment

    *Actor Mekhi Phifer is apparently in a financial tailspin. The actor, most recently seen in Lifetime’s “A Day Late and a Dollar Short,’ has reportedly filed for bankruptcy, according to TMZ. He submitted court papers in April, claiming his debts have spiraled to $1.3 million – including $1.2 million in back taxes, $50,000 on lawyer […]

  • Dionne Warwick To Be Excused from Paying Debts

    Mar 19, 14 by EURpublisher02 Leave a comment

    *Dionne Warwick is set to have her debts cleared after filing for bankruptcy last year. The 73-year-old vocalist was declared bankrupt at the U.S. Bankruptcy Court in Newark, New Jersey last year after running up more than $10 million in debts due to unpaid taxes. A bankruptcy trustee filed legal documents on Tuesday requesting that […]

  • Michael Vick a Multimillionaire Again Six Years After Bankruptcy

    Mar 5, 14 by EURpublisher02 6 Comments

    *Michael Vick has reportedly patched up his bank account following a 2008 bankruptcy filing and is a millionaire once again. According to new court records obtained by Radar, at the start of April 2013, he had close to $5.2 million in the bank. And after he paid all his bills, ($12,500 in child support, $835,000 […]

  • Rihanna’s 2009 Bankrupt Status Caused by Accountant’s ‘Boneheaded’ Decisions

    Feb 13, 14 by Qwest7 1 Comment

    *With all the money she pulls in from her music, it’s hard to believe that Rihanna was at one point “effectively bankrupt.” But that’s exactly what the singer is claiming in new legal documents filed in connection with a lawsuit she filed against her accountant for gross mismanagement. Ri-Ri references a string of boneheaded decisions […]

  • Vince Young Files For Bankruptcy

    Jan 23, 14 by Qwest7 Leave a comment

    *Vince Young’s days of collecting a healthy paycheck are apparently over. The Houston Chronicle reports that the star athlete has filed for Chapter 11 bankruptcy. Brian Kilmer, an attorney, filed a petition in a Houston federal bankruptcy court. Kilmer listed Young’s assets as being worth between $500,001 and $1 million with liabilities between $1,001,000 and […]