Director’s Desk:
On Benefits and Bankruptcies

October 2003
by Jan Nathan

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The Bacon’s Benefit

We’re always searching for member benefits for our Association and have contracted recently for one with Bacon’s Publicity Checker. PMA is acting as the parent company for this service and PMA members can participate using a special e-mail address set up for them. There is a fee for this service, which we are currently developing. Please read about all the services that Bacon’s provides by going to page XX in this Newsletter, and then check our website in the Member Benefits area to determine the cost involved in this new and exciting program for PMA members.

Each month, we will be featuring a new or updated member benefit at our site, so visit it and check out all the programs offered with your membership.

 

A Brief Overview of Bankruptcy

 

I was hoping to find someone to develop an article about the differences among bankruptcies governed by Chapters 7, 11, and 13 since, as of this writing, BookPeople, a well-respected warehouse distribution company, has just filed under Chapter 11. Because nobody I spoke with was well versed in bankruptcy law, I thought it best to offer a brief description of each type of bankruptcy filing in the U.S.

Many websites provide lots of information on the differences among the types of bankruptcy filings, but the easiest to understand is at http://www.legal-database.com.

Basically, this site describes the overall picture as follows:…IBPA Members – Click here to view the full article (login required).

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