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The last instance of such a default took place during the Great Depression, in 1933, when the state of Arkansas defaulted on its highway bonds, which had long-lasting consequences for the state. [1] Current U.S. bankruptcy law, an area governed by federal law, does not allow a state to file for bankruptcy under the Bankruptcy Code. [2]
Her debts included more than $172,000 in unpaid state and federal taxes. In 2001, her business went bankrupt, leaving behind unpaid employees and creditors. [174] Corey Haim: Canadian actor Chapter 11 [175] [176] [177] 1997 [177] Assets of $40,000 [177] against debt of over $200,000, including state and federal taxes, and medical expenses. [177 ...
MAXjet Airways - filed for Chapter 11 Bankruptcy and ceased operations; MeadWestvaco - combined with RockTenn to form WestRock; Nextel; NII Holdings - defunct in 2020; Reynolds Group Holdings - defunct in 2020; SCG International Risk
Provide input on the tax consequences you will face. Advising you about whether you should continue making payments to creditors. Bottom line. The bankruptcy process can be a complicated one to ...
The courts hear civil and criminal cases, and each is paired with a bankruptcy court. [2] Appeals from the district courts are made to one of the 13 courts of appeals , organized geographically. The number of district courts in a court of appeals' circuit varies between one and thirteen, depending on the number of states in the region and the ...
The Ohio Department of Taxation provides an online tool on the department's website that allows you to check the status of your income tax refund. You can also call the department's individual ...
Red Lobster is looking to file for Chapter 11 bankruptcy. Are restaurants in Ohio affected? Here's what we know.
The Ohio Department of Taxation is the administrative department of the Ohio state government [1] responsible for collection and administration of most state taxes, several local taxes and the oversight of real property taxation.