SC attorney's bankruptcy case headed to court - CanadianBusiness.com

CHARLESTON, S.C. (AP) ? A bankruptcy trustees for an attorney well known for his television commercials and highway billboards will ask a court to convert the case to a straight liquidation, saying the lawyer is unlikely to be able to repay his creditors.

The Sun News of Myrtle Beach reported (http://bit.ly/nVuZaS) that trustee Robert Anderson says he'll ask a judge to convert the case of Harry Pavilack from a Chapter 11 reorganization to a Chapter 7 liquidation. A hearing is scheduled for Monday in Charleston.

Anderson says Pavilack will never be able to pay off the almost $73 million that he owes creditors. His case is one of the largest personal bankruptcies ever in Horry County. His debt is mostly related to real estate deals.

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Information from: The Sun News, http://www.thesunnews.com/

Source: http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNGRYM_UqH2mSAIm0eNcSRYmYzFZiQ&url=http://www.canadianbusiness.com/article/45952--sc-attorney-s-bankruptcy-case-headed-to-court

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