Bankruptcy

Sonny Pilcher Files for Bankruptcy Protection; Owes Creditors $5.2M
Casper businessman Sonny Pilcher, who is serving a one-year prison sentence for tax fraud, owes creditors more than $5.2 million, according to his petition for Chapter 7 bankruptcy protection. However, Pilcher did not use an attorney and filed incomplete paperwork on July 15 and needs to correct tha…
California City Will Be the Largest to Ever Declare Bankruptcy
California has certainly had its share of financial woes, and now the city of Stockton, about 80 miles east of San Francisco, is set to become the largest American municipality to declare bankruptcy. The city of nearly 300,000 people is $26 million in debt, and City Manager Bob Deis said that while …