Toys R Us has filed for chapter 11 bankruptcy protection. Toys R Us Filed for Chapter 11 Bankruptcy Wayne, New Jersey-based toy retailer Toys R Us recently announced it will be filing for Chapter 11 bankruptcy protection.
In this day and age, almost every person you know or meet has dealt, or is dealing, with “debt.” Getting out of debt can be difficult.
Bankruptcy allows consumers a way out of debt, but it’s important to remember that there are repercussions that can ruin people’s credit as well as put consumers at risk of losing their property.
Most of us are able to breathe a big sigh of relief following tax season. Taxes are paid, refunds are imminent (for the lucky ones), and all the paperwork is filed and finished.
Livian Hernandez, a former Major League Baseball pitcher has filed for Chapter 13 bankruptcy. The pitcher owes up to $1 million to as many as 50 creditors.
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.
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.
Wedding dress retailer Alfred Angelo Bridal set off a shock-waves through would-be “Bridezillas” when it made its announcement to file for Chapter 7 bankruptcy liquidation last Friday.
Los Angeles-based apparel maker True Religion has filed for Chapter 11 bankruptcy protection. The company plans to continue operations during its restructuring.
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 bankruptcy.