Fueled by financial distress in the health care and hospitality industries, a record number of businesses filed for bankruptcy in the Northern District of Texas federal courts during the first six ...
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Largest family furniture chain shutdown in decade—4 states lose locations as layoffs loom
A 77-year-old family-owned furniture retailer has filed for Chapter 11 bankruptcy, marking one of the most significant collapses in the U.S. furniture sector in recent years. American Signature Inc., ...
Corporations, limited liability companies (LLCs), and other businesses can file for protection under either Chapter 7 or Chapter 11 of the Bankruptcy Code. While a Chapter 11 bankruptcy can lead to ...
If you’re having debt management problems, bankruptcy can help. Understanding how bankruptcies work and the types of bankruptcies available to you will help you decide whether this is a viable option ...
Bankruptcy may offer a fresh start, but it also carries lasting consequences for future credibility, financing and operations. That’s why it should be considered only after every other option has been ...
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