Allen Casey Files Personal Bankruptcy, Saying Debts Are Far More Than Assets

Thursday, February 27, 2014

Chattanooga businessman B. Allen Casey has filed personal bankruptcy, shortly after bankruptcy was filed on one of the properties in his control on the waterfront at the site of a controversial barge.

The filing says he has up to $50,000 in assets and over $1 million in debts.

An attorney who is suing him claims that Mr. Casey had pulled up to $7 million out of the riverfront property, while leaving a number of attorneys and investors owed large sums of money.

Mr. Casey was the founder of the Chattanooga Choo Choo entertainment complex.

He announced plans several times for developments at the riverfront property, but nothing was ever built and the floating barge restaurant remained unopened and for a time was partially underwater.

Creditors listed include:

AT & T
PO Box 6463
Carol Stream, IL 60197

Bank of America
FIA Card Services
29125 Solon Road
Solon, OH 44139

Bank of America
c/o FRS Financial Recovery Services
PO Box 385908
Minneapolis, MN 55438

Bank of America
Correspondence
P.O. Box 982238
El Paso, TX 79990

Barbara Winesett
c/o Gary Patrick
537 Market St Ste 202
Chattanooga, TN 37402

Capital One
c/o Buffaloe & Associates
201 Forth Ave N Ste 1300
Nashville, TN 37219

Chase Bank
PO Box 15298
Wilmington, DE 19850

Citibank
c/o United Recovery Systems
5800 N Course Drive
Houston, TX 77072

David Debter
c/o Gary R. Patrick
537 Market St Ste 202
Chattanooga, TN 37402

David L. Moss
1200 Mountain Creek Road Ste 260
Chattanooga, TN 37405

Emma Casey
c/o Bryan H. Hoss
508 E 5th St
Chattanooga, TN 37403