Bruce Williams
First of all, federal law does forbid employers from firing anyone for filing bankruptcy. If you file for Chapter 7, it’s likely your employer won’t find out anyway, so it’s not a huge problem. If you file for Chapter 13 bankruptcy, you will probably have your wages garnished as ...
The Container Store said it is filing for bankruptcy protection after years of losses and declining sales.
the bigger the impact bankruptcy will have as a result. However, if you were alreadymissing your credit card paymentsor carrying high balances, your credit score may have already taken significant hits before filing and a bankruptcy may have less of an impact. ...
Plan Deadline.Generally, there is no deadline for filing a Chapter 11 plan unless set by the bankruptcy court. However, the debtor has only 300 days to propose a Chapter 11 plan in small business cases. The court can extend the 300-day deadline, but only if the debtor proves that it...
Silver Airways, a regional airline that serves Florida and the Caribbean, continues flying after filing for Chapter 11 bankruptcy reorganization on Monday. The Hollywood, Florida-based airline plans to secure new capital and restructure its debt through bankruptcy, Silver said in astatement. It aims...
Japan's Takata Corp is considering a bankruptcy filing for its U.S. unit as the air bag maker looks for a sponsor to help pay for liabilities related to its faulty inflators, a person briefed on the matter told Reuters. Takata, which has retained investment bank Lazard Ltd as an adviser...
BATON ROUGE, La. (AP) — Louisiana Gov. John Bel Edwards on Thursday urged people sheltering in hotels in Texas to stay there if possible, saying Louisiana is having difficulty finding available hotel rooms for more evacuees after Hurricane Laura.
Bed, Bath and Beyond narrowly avoided filing for bankruptcy, but they're still closing quite a few stores. Boise's location on Federal Way is among the closures. There's no word on when the store's last day is but the liquidation sale is underway. ...
26, Renewcell filed for bankruptcy. The decision came four months after the public company issued a profit warning over slow sales of Circulose, the biodegradable pulp it makes from worn-out clothes and cotton waste, which can be turned into fresh textile fiber. While Renewcell had signed...