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-   -   Info on Business Bankruptcies - Chapter 11 (http://www.sowpub.com/forum/showthread.php?t=5361)

kpalmquist June 27, 2008 06:06 PM

Info on Business Bankruptcies - Chapter 11
 
Does anyone have a good suggestion as to how I might obtain a list of Chapter 11 filings? I tried several court websites and they are not separated from personal BRs, or they have very hard to find information. I spoke with a list broker who said he was not able to provide these. I won't be realistically able to visit all the physical court locations and I'm not even sure that the information would be available there.

Thanks,

Kevin

Phil June 27, 2008 07:10 PM

Re: Info on Business Bankruptcies - Chapter 11
 
Kevin,

Try sites like...

Most are Fee based...

Turn the info into Money Making ideas... :)
http://www.chapter11library.com/
http://www.bankruptcydata.com/
http://en.wikipedia.org/wiki/Chapter...ed_States_Code

Phil

kpalmquist June 27, 2008 10:05 PM

Re: Info on Business Bankruptcies - Chapter 11
 
Thanks, Phil.

These look like they will work out extremely well.
I missed them when Googling keyword combinations.

If all works out I may have found, as Gary Halbert used to say, my "starving crowd".

Kevin

MichaelRoss June 28, 2008 02:17 AM

Yeah But...
 
Kevin,

Thanks for mentioning GH.

While he did advocate a Starving Crowd he also said to "Sell to players with money". Are you sure... people who file for bankruptcy have the money available to buy whatever it is you are selling to them?

Michael Ross

Phil June 28, 2008 04:37 AM

Re: Yeah But...
 
Michael,

Good point but...

I'm sure there's a few...

Money Making Bankruptcy ideas tucked away in the Bankruptcy Blog Exchange...

Maybe you Don't have to sell them anything... :)

Who knows possibly Bankruptcy Hotsheets... MLS for Bankruptcies...

A Fresh shiny new Bankruptcy blog with a different perspective on things...

Including Bankruptcy content services... Consulting and Broking specialized information...

A Bankruptcy Alert type service... A Bankruptcy Referral support network...

A few more resources for Brainstorming...
http://www.abiworld.org/
http://www.abiworld.org/AM/Template....ction=Site_Map

Bankruptcy Blog Exchange...
http://blogs.abiworld.org/

A little more Food for thought... Just Focus on the Keyword ideas... Not the Cool tool... ;)
http://labs.getyacg.com/keyword-tool...ord=Bankruptcy

Phil

GordonJ June 28, 2008 09:33 AM

Chpater 11 is for corporate restructuring...they have money.
 
Quote:

Originally Posted by MichaelRoss (Post 21586)
Kevin,

While he did advocate a Starving Crowd he also said to
"Sell to players with money".

Are you sure... people who file for bankruptcy have the money available to buy whatever it is you are selling to them?

Michael Ross


It is a good point, however, we've seen many big companies go through Chapter II and emerge on the other side, and remain in business.

Although they didn't officially go through Chapter 11 procedures, Lee Iococca went to Washington DC and got the equivalency of a restructuring for Chrysler...and in today's headlines... they may have to go through the real thing this time. Anyhow,

What Chapter 11 does for a company is to allow it to shine a spot light into the dark corners of waste, duplication, mis-management, etc. and hopefully find a way to stay in business.

During these times an '11' company does indeed spend money...and if you have a service that caters to them, it might be a great time to deal with these companies.

You are right Michael to be aware of the money crunch, if you are consulting, you don't want to be on a creditor list, get paid as you go along (cash those checks quickly HA!)

Chapter 11 buys some breathing room, so kpalmquist may have a very starving market, and shouldn't fear that they "have no money".

Since we are headed into a DEPRESSION, we will see more and more bankruptcies and therefore, opportunites for those that can serve the needs of companies in distress.

Gordon Jay Alexander

Bozo June 28, 2008 01:41 PM

Re: Yeah But...
 
Quote:

Originally Posted by MichaelRoss (Post 21586)
Kevin,

Thanks for mentioning GH.

While he did advocate a Starving Crowd he also said to "Sell to players with money". Are you sure... people who file for bankruptcy have the money available to buy whatever it is you are selling to them?

Michael Ross


On the face of it that sounds like a logical rule, but logic has little to do with sales. This group targeted customers who were the exact opposite of the rule.

Their customers were broke, facing foreclosure on their homes, and in many cases had already lost what little income they had. Even so, these customers were able to come up with $4,000 cash up front payments to the group. The group made millions of dollars over a couple of years, and every customer was dead broke.

Why? How? The customers were desperate and truly believed that the group had the solution to their problems.

Belief trumps logic every time.

kpalmquist June 29, 2008 10:28 PM

Re: Info on Business Bankruptcies - Chapter 11
 
The starving crowd is the Ch 11 folks. But the money in this case is from their customers. Think outstanding invoices...cashflow...etc.

Garry M. Cooper July 2, 2008 06:06 PM

Re: Info on Business Bankruptcies - Chapter 11
 
Hi Kevin, try http://www.thedeal.com/servlet/bi/filing/Home.dl

They have some really good databases; we access them all the time. Thx -Garry


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