Wednesday, February 8, 2012

Still No Whining on the Yacht*

Indiana boat builder Jefferson Yachts has recently filed for Chapter 7 bankruptcy in U.S. Bankruptcy Court in the Southern District of Indiana. Kentuckiana Yacht Sales, which is also owned by Jefferson Yachts, was listed with the yacht builder in the bankruptcy petition. In the filing, Jefferson Yachts listed total assets for the company, including personal property, at $17,286, with total liabilities from both secured and unsecured creditors at $570,513.

In an article on www.boatingindustry.com, Jefferson Yachts is scheduled to meet with creditors in March to discuss the debts and the bankruptcy, as required under Chapter 7 bankruptcy law.

If you are contemplating filing for a Chapter 7 or Chapter 13 personal bankruptcy, do not proceed without an experienced and knowledgeable bankruptcy attorney from Macey Bankruptcy Law at your side. To schedule your free initial consultation, please call 800-260-1402 Monday through Saturday and log onto our new easy-to-navigate site, www.maceybankruptcylaw.com. It could be the key to your financial freedom. Attorneys from Macey Bankruptcy Law have helped hundreds of thousands of consumers since 1994 discharge their debt. We may be able to help you, too.

* Please see blog from April 2011, where Post Marine Co. Inc., a yacht-maker based in Mays Landing, New Jersey, filed for Chapter 7 bankruptcy protection.

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