Before filing for bankruptcy, you should consider other alternatives that aren't as drastic. Credit counseling, for example, might be a good option. In fact, before you can file bankruptcy,you must sign up for credit counselingfrom an approved credit counseling agency. The U.S. Department o...
Bankruptcies can "take a competitor -- a significant one -- out of the equation, which makes room for higher quality companies to continue to do business," said Lakner. 'This, in effect, is a positive for the rest of the sector." ...
US solar installer Sunworks Inc (NASDAQ:SUNW), along with three of its subsidiaries, has ceased operations and has filed for bankruptcy which will result in asset liquidation. The Chapter 7 filing follows a thorough review of strategic alternatives, the Provo, Utah-based firm noted in a documen...
Certain asbestos companies were court-ordered to establish bankruptcy trusts to compensate people harmed by their products.Asbestos trustscurrently contain over $30 billion for current and future mesothelioma victims. See if you can access trust funds.Our team can filemultiple claimson your behalf if ...
Even if the digital assets held by the custodian are not considered the property of the service provider’s bankruptcy estate, the return of our digital assets may be delayed or affected while the bankruptcy proceeding is pending. Such results may lead to losses for us and have an adverse ...
Toys R Us has hired a law firm to help restructure its roughly $400 million in debt due in 2018, a move that could include the marquee toy store filing for bankruptcy protection, sources familiar with the situation said Wednesday. Addressing the retailer's debt load prior to the crucial hol...
filed a voluntary Chapter 11 petition with the United States Bankruptcy Court for the District of New Jersey. Nordstrom Board Committee Memberships CPCC CGNC Other Current Public Boards Previous Public Boards in Past 5 Years None Bed Bath & Beyond Inc. (2019 to 2022) What Nordstrom products ...
(1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the...
Bankruptcy has serious consequences. A Chapter 7 bankruptcy will remain on yourcredit reportsfor 10 years, while a Chapter 13 will remain for seven years. That can make it more expensive or even impossible to borrow money, such as for a mortgage or car loan, or obtain a credit card. It ...
Bankruptcy:While it should be considered as a last resort, filing for bankruptcy may provide temporary relief by halting foreclosure proceedings and allowing homeowners to reorganize their debts. Bankruptcy laws and eligibility criteria vary, so consulting a bankruptcy attorney is essential. Economic Facto...