Asset Details
Do you wish to reserve the book?
Concord; Restaurateur seeks debt relief; She looks into personal bankruptcy filing
Hey, we have placed the reservation for you!
By the way, why not check out events that you can attend while you pick your title.
Oops! Something went wrong.
Looks like we were not able to place the reservation. Kindly try again later.
Are you sure you want to remove the book from the shelf?
Concord; Restaurateur seeks debt relief; She looks into personal bankruptcy filing
Do you wish to request the book?
Concord; Restaurateur seeks debt relief; She looks into personal bankruptcy filing
Please be aware that the book you have requested cannot be checked out. If you would like to checkout this book, you can reserve another copy
We have requested the book for you!
Your request is successful and it will be processed during the Library working hours. Please check the status of your request in My Requests.
Oops! Something went wrong.
Looks like we were not able to place your request. Kindly try again later.
Newspaper Article
Concord; Restaurateur seeks debt relief; She looks into personal bankruptcy filing
2005
Overview
It would be at least the second time [Penelope Brianas] has pursued personal bankruptcy to escape her debts. According to bankruptcy court records, Brianas successfully had her debts forgiven six years ago, two years before she opened her upscale restaurant at 90 Low Ave. (It closed in April 2004). Bankruptcy laws allow someone to pursue personal bankruptcy protection every six years. Among those waiting on money from Brianas is her former landlord, Mark Ciborowski, whom she owes $67,000, and the state Department of Labor, which says Brianas owes $5,700 in back wages and $13,400 in penalties. Brianas also owes the Internal Revenue Service $75,000. The list of creditors also includes the Friends Program, a local nonprofit, a local gardening center and copying service, and the Concord Hospital. Joshua Menard, a bankruptcy lawyer for Preti Flaherty in Concord, said the difference between Chapter 13 and Chapter 7 protection would be important to Brianas's creditors. \"Under Chapter 13, you are paying a percentage of your debt over time,\" he said. \"It's still pennies on a dollar, but (the creditors) are still getting something. Chapter 7 is liquidation. If it's a business, it's out of business.\"
Publisher
Concord Monitor/Sunday Monitor
Subject
