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When a retail chain closes all its locations with no notice, that's not usually a good sign for the future of the brand.
No paycheck doesn't necessarily rule out bankruptcy, but there are a few important things to know before filing.
*Chapter 7 bankruptcy, also known as “liquidation bankruptcy,” allows people to discharge most unsecured debts. This includes medical bills, payday loans, and credit card balances. A trustee may sell ...
When a company files Chapter 7 bankruptcy, it means the brand will be liquidated. That could result in a new beginning, if a new business or operator buys the brand and revives it. In theory, that can ...
If you’re exploring bankruptcy, that probably means your debt situation is serious. It can be really frustrating to find out that bankruptcy cases cost money. If you had money, you might not need ...
Corporations, limited liability companies (LLCs), and other businesses can file for protection under either Chapter 7 or Chapter 11 of the Bankruptcy Code. While a Chapter 11 bankruptcy can lead to ...
A co-signer will be held responsible for the debt if a borrower files for Chapter 7 bankruptcy. Here’s what you should know in order to protect yourself.
SEVIERVILLE, Tenn. (WATE) — A cabin owner in Sevier County wants his deposit back for kitchen cabinets and a countertop that he paid for in September. They were to be delivered and set up in ...
The distressed used car dealer chain and subprime lender files for Chapter 7 bankruptcy liquidation. U.S. automobile dealers have struggled to maintain inventory levels to attract car buyers to their ...
Stoli Group filed to convert two of its U.S. companies from chapter 11 to chapter 7 bankruptcy after the company could not reach a restructuring agreement with its senior lender. Control of Stoli ...
A recent article published by Business Insider explored a growing trend on TikTok where younger consumers are discussing ...
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