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bankruptcy

When Does It Make Sense to File for Bankruptcy?
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Bankruptcy should be avoided whenever possible, but there are times when people who are overwhelmed with debt have no viable alternative but to seek bankruptcy relief. Bankruptcy laws are designed to ease the financial pressure on people who can’t pay their bills. While filing for bankruptcy can erase unsecured debts, prevent foreclosures, and stop debt […]

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Gibson Brands struggling with debt, could face bankruptcy – WSMV Nashville
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WSMV Nashville Gibson Brands struggling with debt, could face bankruptcyWSMV NashvilleGibson, the iconic maker of guitars, has been a part of Music City for decades. The company's world headquarters is here, and their factories in Nashville and Memphis employ hundreds of people. But over the years, the company has expanded into products …Guitar company Gibson […]

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Winn-Dixie and Tops Owners Are Said to Prepare for Bankruptcy – Bloomberg
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Bloomberg Winn-Dixie and Tops Owners Are Said to Prepare for BankruptcyBloombergTwo U.S. supermarket chains are readying bankruptcy filings, according to people with knowledge of the matter, a sign of the mounting pressures in the grocery industry. Bi-Lo LLC, the company behind the Winn-Dixie chain, is preparing for a filing as …Winn-Dixie is reportedly planning to […]

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How Can I Rebuild My Credit After Bankruptcy?
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It’s no surprise that a bankruptcy can take a toll on your credit reports and scores. Furthermore, when you file for bankruptcy the unfortunate reality is that getting approved for new financing in the near future can prove to be difficult. Yet the idea that you’re doomed to a lifetime of horrible credit after a […]

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Bankruptcy fight over Oncor to test Warren Buffett's discipline – Reuters
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Reuters Bankruptcy fight over Oncor to test Warren Buffett's disciplineReuters(Reuters) – Warren Buffett takes pride in naming his price to buy a company, and not paying a nickel more. But the largest U.S. natural gas distribution utility, an unyielding hedge fund, and a Delaware bankruptcy judge now present one of the biggest …30 years of lessons […]

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There Are Some Debts Even Bankruptcy Can’t Erase
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Do severe financial issues have you fantasizing about a silver bullet that can make all your debts vanish? While it’s not exactly that easy, a Chapter 7 bankruptcy may be able to offer you some relief, and may also potentially protect you from your creditors if you’re facing serious debt problems. There’s no question that […]

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Japanese airbag maker Takata files for bankruptcy, gets US sponsor – Reuters
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Reuters Japanese airbag maker Takata files for bankruptcy, gets US sponsorReutersTakata Corp. Chairman and CEO Shigehisa Takada bows as he attends a news conference after its decision to file for bankruptcy protection in Tokyo, Japan, June 26, 2017. REUTERS/Toru Hanai. 1/4. left. right. Takata Corp. Chairman and CEO Shigehisa …Takata's Long Road Through BankruptcyBloomberg Takata files […]

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In the wake of Gymboree's bankruptcy filing, here are the retailers that could be next – CNBC
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CNBC In the wake of Gymboree's bankruptcy filing, here are the retailers that could be nextCNBCFitch says Sears, Claire's Stores, Nine West Holdings, 99 Cent Stores, J. Crew and True Religion Apparel are among those retailers that have a significant risk of default over the next 12 months. High debt leverage and weak operating trends […]

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Marion's Gander Mountain store at least one of 17 nationwide to remain open after bankruptcy auction – The Southern
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The Southern Marion's Gander Mountain store at least one of 17 nationwide to remain open after bankruptcy auctionThe SouthernA sign that reads 'Going out of business' hangs on the front of Gander Mountain in Marion. The store is one of at least 17 in the country that will remain open. prev. next. MARION – The […]

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US chief justice taps New York judge to handle Puerto Rico bankruptcy – Reuters
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Reuters US chief justice taps New York judge to handle Puerto Rico bankruptcyReutersThe flags of the U.S. and Puerto Rico fly outside the Capitol building in San Juan, Puerto Rico May 4, 2017. REUTERS/ Alvin Baez. By Lawrence Hurley | WASHINGTON. WASHINGTON U.S. Chief Justice John Roberts on Friday appointed a federal judge …Did bankrupt Trump […]

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Puerto Rico, with $73 billion in debt, forced toward bankruptcy – Washington Post
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Washington Post Puerto Rico, with $73 billion in debt, forced toward bankruptcyWashington PostPuerto Rico teetered into insolvency Wednesday as the chronically-troubled U.S. territory of 3.4 million citizens buckled under its ever-increasing debt, which stands at $73 billion. The process that Puerto Rico has undertaken is a prelude to …Puerto Rico Files For Biggest Ever U.S. […]

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