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Chapter 11

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 ...

The Bankruptcy Decision

Most people never say “I want to be bankrupt when I grow up.” But as more and more people are turning towards bankruptcy, it goes without saying that you should at least have a small insig...
Bankruptcy Instead of Retirement

Bankruptcy Instead of Retirement

An increasing number of older adults of retirement age are heading towards bankruptcy and the only way out appears to be policy change. Bankruptcy Instead of Retirement More retirement age seniors ar...

Gibson Brands files for Chapter 11

Gibson Brands, the company that makes Gibson guitars, has filed for Chapter 11 bankruptcy protection following what it called a”devastating” financial fall. Gibson Brands files for Chapte...
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...
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...
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...
Avaya Files Chapter 11

Avaya Files Chapter 11

Communications giant Avaya Inc., has filed for Chapter 11 bankruptcy. The company, whose products cover communication and messaging, video conferencing, call center, networking, and software and servi...
Lodge on the Desert Files Chapter 11

Lodge on the Desert Files Chapter 11

Lodge on the Desert has filed for Chapter 11 bankruptcy reorganization just a year after completing a bankruptcy reorganization plan. Lodge on the Desert Files Chapter 11 According to an attorney for...
American Apparel Expected to File Bankruptcy Again

American Apparel Expected to File Bankruptcy Again

According to insiders, American Apparel will be filing for Chapter 11 bankruptcy protection again, making it the second time the company has filed. American Apparel Expected to File Bankruptcy Again...
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