Small Business Administration's Office of Advocacy, titled "Beyond Bankruptcy: Does the Bankruptcy Code Provide a Fresh Start to Entrepreneurs?" The report reveals that firms are surviving even yea...
Bankruptcy is a legal process by which individuals or businesses publicly declare that they can’t pay all their bills; it’s a way to help them get out from under their debt. Many companies have bounced back from bankruptcy and continued operations after going through the process. Bankruptcy...
In 2007 it was acquired by a property magnate and in 2008 filed for bankruptcy protection. The problem with such newspapers is that, although they do much that is excellent, they do little that is distinctive enough for people to pay for it. The Los Angeles Times’ foreign reporting is ...
That was the end of The Flats 16 as you knew it. The new owners reopened the space as Eagle 1st Miracle in late March. Sears Hometown Store Image via Google Maps Sears Hometown Store Sears Hometown Stores Inc. filed for bankruptcy protection on December 12, 2022 and announced that they ...
For the past few years, we’ve kept a running list of businesses in the Treasure Valley that have closed their doors for one reason or another. As we continue into the second quarter of 2024, more Boise businesses are hanging it up. ...
His factory is in the west end of Detroit, the largest city in Michigan and once an industrial hub in the United States. The "Motor City," however, filed for bankruptcy in 2013 due to an over-reliance on manufacturing, poor financial management and a shrinking population. ...
Lenders to India's Go First have decided to liquidate the company's assets after rejecting bids by interested suitors to revive the bankrupt airline, two banking sources said. Go First, which filed for bankruptcy in May last year, had received two financial bids under the bankruptcy process. ...
Also, owners may not realize that details such as your liabilities, including any litigation you’re in, your creditors and your financials, become public. “When businesses file for bankruptcy you have to show and tell. There may be some warts you don’t want the world to know,” Murray...
How to Collect on a Judgment Filing for Bankruptcy: Information, Benefits and Disadvantages You’re Being Sued: A Guide to Handling a Business Lawsuit In partnership with,presents the b. newsletter: Building Better Businesses Insights on business strategy and culture, right to your inbox. ...
Small and mid-sized businesses are struggling to survive. Many have already gone under water this year. There were 346 companies that filed to either liquidate or re-organize through bankruptcy in the first six months of 2024, the highest half-year level since ...