Debra Booher & Associates Co., LPA Click here to get your free Legal evaluation
Call Us Today Toll Free 888-542-1300

Christian Laettner's Chapter 7 may spur action in Ohio


Being in a difficult financial spot can bring about many unexpected events in a person's life. Some Ohio residents may find themselves being constantly contacted by creditors, and some creditors may even try to force individuals into bankruptcy. Though such actions may seem out of bounds, Chapter 7 bankruptcy may be able to help qualifying individuals.

One man in another state is currently facing such a situation. Christian D. Laettner, a former NBA player, is reportedly facing $14.1 million in outstanding balances to creditors. Specific information regarding his debts were not disclosed in the report, and they were only referenced as business debts pertaining to an unsuccessful real estate development. Due to the debts, five creditors are hoping to have Laettner go through with an involuntary Chapter 7 bankruptcy.

Reports stated that Laettner still hopes to reach a settlement that would cause him to forgo bankruptcy. However, he may be interested in finding out more information on the benefits of liquidation. Many individuals gain financial relief through this management option, and rather than pushing the idea away, giving it further consideration may be a wise step to consider. 

Ohio residents who are facing similar circumstances may also wish to explore more information on Chapter 7 bankruptcy. Misinformation is often considered the truth, and many parties may be surprised to find how beneficial bankruptcy could potentially be for them. Interested parties may wish to confer with experienced bankruptcy attorneys who may be able to provide specific information on individual cases and offer sound words of advice.

Source:, "Laettner faces bankruptcy petition", July 5, 2016

No Comments

Leave a comment
Comment Information
Email Us For A Response

How Can We Help?

Bold labels are required.

Contact Information

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.


Privacy Policy

Cuyahoga Falls Office
1350 Portage Trail
Cuyahoga Falls, OH 44223

Toll Free: 888-542-1300
Phone: 330-253-1555
Fax: 330-253-1599
Cuyahoga Falls Law Office Map

Beachwood Office
3401 Enterprise Pkwy.
Suite 340
Beachwood, Ohio 44122

Toll Free: 888-542-1300
Map & Directions

Independence Office
4700 Rockside Rd
Suite 415
Independence, Ohio 44131

Phone: 216-447-0207
Map & Directions

Westlake Office
1991 Crocker Rd
Suite 600
Westlake, Ohio 44145

Toll Free: 888-542-1300
Map & Directions

Canton Office
4450 Belden Village Street NW
Suite 204
Canton, Ohio 44718

Phone: 330-492-9600
Map & Directions

Ravenna Office
2633 St. Rt. 59
(Orchard Plaza)
1st floor
Ravenna, Ohio 44266

Phone: 330-297-5200
Map & Directions