Jennis Morse Etlinger Bankruptcy News July 22, 2022

On June 21, President Biden signed into law the Bankruptcy Threshold Adjustment and Technical Corrections Act (BTATCA). The law extends by two years the $7.5 million debt limit for Subchapter V bankruptcies, which was included as a temporary COVID relief measure in the 2020 Coronavirus Aid, Relief and Economic Security Act (CARES). The BTATCA also made the ceiling retroactive to when the last fix had expired. Read More

Jennis Morse Etlinger Cases

Jennis Morse Etlinger recently filed the chapter 11 bankruptcy for Karen W. Hall pending before the United States Bankruptcy Court, Middle District of Florida, Jacksonville Division as Case Number 3:22-bk-01326-BAJ. The case exemplifies the pitfalls of predatory lending including hard money loans and merchant cash advances. The firm is confident the subchapter v process will provide the correct forum for the debtor, along with the affiliated bankruptcy Spuddog Farm Properties LLC, to reorganize and receive her fresh start. For more information regarding the case, here is a link to the debtor’s case management summary which is part of the public record.

The firm recently filed the chapter 11 bankruptcy for Spuddog Farm Properties LLC pending before the United States Bankruptcy Court, Middle District of Florida, Jacksonville Division as Case Number 3:22-bk-01341-BAJ. The case exemplifies the pitfalls of predatory lending including hard money loans and merchant case advances. Jennis Morse Etlinger is confident the subchapter v process will provide the correct forum for the debtor, along with the affiliated bankruptcy Karen W. Hall, to reorganize and receive its fresh start. For more information regarding the case, here is a link to the debtor’s case management summary which is part of the public record.

Jennis Morse Etlinger – Why You Should Care About C.A.R.E.

Credit Abuse Resistance Education (CARE) provides opportunities for volunteers to address middle school, high school and college age kids about the best practices and pitfalls regarding their credit in an attempt to start them off on the right path. It was created in 2002 by John C. Ninfo, II, retired bankruptcy judge, and now boasts 55 nationwide chapters including eight in Florida. The Tampa chapter in particular was launched in 2007 by Rodney May, retired bankruptcy judge, who has passed the torch to Judges Catherine Peek McEwen and Michael Hooi. If you have a connection with a school or youth organization who could benefit from a presentation (free and approximately one hour long), or, if you would like to volunteer as a presenter, please contact the Tampa Bay Bankruptcy Bar Association’s liaison Daniel Etlinger at detlinger@jennislaw.com or (585) 733-9792. You can also visit CARE’s website or – Read more on our site.

Florida Filings

  • Jul 7, 2022, Worldwind Investment Group LLC, chapter 11 in the Southern District of Florida
  • Jul 7, 2022, John C Holton, III, chapter 11 in the Middle District of Florida
  • Jul 12, 2022, Kenneth Paul King, chapter 11 in the Northern District of Florida

Bankruptcy News

  • Celsius Defends Decision to Halt Withdrawals at Debut Bankruptcy Hearing. Link
  • Pressured Prison Operator Geo Seeks to Restructure Debt Load. Link
  • Cryptocurrency lender with Tampa office files for bankruptcy. Link
  • Byron Allen Purchases Black News Channel, Saves Network From Bankruptcy. Link

Investment Notes

We’re tracking a number of previously filed chapter 11 cases as well as some of the cases in the news. We’ll keep you posted when opportunities are ripening. For more information on how we can help assist with financing opportunities, please contact the firm at (813) 229-2800.