Rumor has persisted for many a month now that Mr. K. was knee-deep in bankruptcy proceedings, but no official confirmation was discovered (on PACER) until now. In response to the threat of a summary judgment against Mr. K. in the State of Ohio v Unmistakably Premier Homes/Stephen Kovack case, lawyers for Mr K filed a last second “Suggestion of Bankruptcy” with the court:
Defendant Stephen M. Kovack, by and through the undersigned, hereby serves notice that he has filed a Chapter 7 Voluntary Bankruptcy Petition on December 20, 2012 in the U.S. Bankruptcy Court, Southern District of Florida. The case is styled as U.S. Bankruptcy Court, Southern District of Florida, Case #12-40209-AJC.
The proceedings herein and any and all acts, including, but not limited to judicial and administrative proceedings, are automatically stayed pursuant to 11 U.S.C. Section 362 of the Bankruptcy Code.
In the big euchre game of life, it appears the Bankruptcy Code trumps all other civil laws. Medina County Common Pleas judge, James L. Kimbler, issued an automatic stay until further notice.
Now that we have an actual case number, we’ll bring you more information as we sift through it, so stay tuned!