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Thread: Bankruptcy judge discharges Batch from debts

      
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    Default Bankruptcy judge discharges Batch from debts

    Bankruptcy judge discharges Batch from debts
    By Brian Bowling, PITTSBURGH TRIBUNE-REVIEW
    Friday, June 10, 2011

    A federal bankruptcy judge has granted Steelers quarterback Charlie Batch bankruptcy protection from 69 creditors.

    Batch, 36, of Wexford filed for bankruptcy in December, according to court documents, listing $8.29 million in liabilities and $2.3 million in assets.

    The routine debt discharge order is part of a process that includes a court-appointed trustee liquidating the remaining assets in the bankruptcy to partially pay Batch's creditors.

    In a related Allegheny County Common Pleas Court case, a court-appointed receiver overseeing 27 properties of his real estate company, Batch Development Co. Inc., reported that the properties generated about $11,500 in rent and cost about $20,000 in expenses in May.

    http://www.pittsburghlive.com/x/pitt.../s_741330.html
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    Default Re: Bankruptcy judge discharges Batch from debts

    It's a shame Batch's business ventures went south. He seems to be a good guy who tries to do good things in his community in the worst of economic times.
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    Default Re: Bankruptcy judge discharges Batch from debts

    Not exactly the best time to have a personal real estate company. No houses to sell either way you look at it. Sucks too since im sure he got into it when the housing market was booming too
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    Default Re: Bankruptcy judge discharges Batch from debts

    Well, it's one less burden he has to carry around now.
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