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How Often Can You File For Bankruptcy?

How Often Can You File For Bankruptcy?

While there are actually no restrictions when it comes to how many bankruptcy cases you are able to file if your debts have been discharged in bankruptcy, you will need to wait a certain amount of t...
Businesses at Risk for Chapter 11 in 2018

Businesses at Risk for Chapter 11 in 2018

As 2017 came to a close, the number of companies at potential risk of defaulting on their debts or seeking bankruptcy court protection continued to grow. The past few years have not been kind to bric...
Considering Bankruptcy?

Considering Bankruptcy?

When you’re facing a large amount of debt, it can feel insurmountable. Should you file for bankruptcy? How does bankruptcy work? As always, it’s advised that you work with a phoenix chap...
What is a Pre-Packaged Bankruptcy?

What is a Pre-Packaged Bankruptcy?

One of the quickest bankruptcy options available for businesses is a pre-packaged bankruptcy. While “pre-packaged” might sound like a great option for you, you’ll want to work with ...
Gymboree Files Chapter 11

Gymboree Files Chapter 11

Children’s clothing retailer Gymboree Corp. is the latest brick-and-mortar store to close its doors in light of the big online shopping movement. The company is set to close 900 stores across the na...
Serial Filer Sentenced to a Year in Prison

Serial Filer Sentenced to a Year in Prison

A man accused of being a “serial filer” recently received a year long prison sentence for filing for bankruptcy over 10 times without ever having plans of following through on his claims. ...
Japanese Auto Parts Maker Files for Bankruptcy

Japanese Auto Parts Maker Files for Bankruptcy

In light of a giant recall across the world, and the fact that it’s facing billions of dollars in liabilities over its defective airbags, Japanese auto parts maker Takata has filed for bankrupt...
Abby Lee is Going to Jail for Bankruptcy Fraud

Abby Lee is Going to Jail for Bankruptcy Fraud

Abby Lee Miller, the Pennsylvania dancer and star of Lifetime channel’s “Dance Moms,” recently received a sentence of one year and one day in federal prison after pleading guilty to ...
Payless Shoesource Files for Chapter 11

Payless Shoesource Files for Chapter 11

Payless Shoesource has announced it has plans to close 400 stores in the United States as part of a Chapter 11 bankruptcy filing. The Kansas-based discount footwear retailer has 4,400 locations acro...
Will Sears Be Declaring Bankruptcy?

Will Sears Be Declaring Bankruptcy?

The owner of Sears Holding recently took to the internet to slam recent media reports that Sears will be declaring bankruptcy. The company claims it is in the process of fixing its finances following ...
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