Sentences with phrase «businesses file for bankruptcy»

Each year more than 1 - million consumers and businesses file for bankruptcy debt relief protection.
No surprise that his business filed for bankruptcy but his personal assets were protected.
If a business files for bankruptcy, creditors take priority over investors.
To make things worse, if it happens that the business file for bankruptcy, you will still be liable for the payment of the outstanding card balance except you equally file for personal bankruptcy.
More than 750 Louisiana businesses filed for bankruptcy in 2010, and many of these bankruptcies could have been prevented had there been a business insurance policy in place.
More than 4,500 of Texas» small businesses filed for bankruptcy in 2009.
More than 4,000 Texas businesses filed for bankruptcy in 2009, and many of these could have been prevented had there been a business insurance policy in place.

Not exact matches

While I was cleared of all charges four years later, I wound up filing for bankruptcy protection and lost a personal fortune in business equity to the tune of about $ 3 billion.
The company, which filed for bankruptcy in February, is winding down its business after two liquidation firms — Great American Group and Tiger Capital Group — won an auction for the company's assets.
The women's clothing and footwear company said it filed for Chapter 11 bankruptcy protection to help facilitate the sale of its Nine West and Bandolino businesses.
As Theranos continues to spiral downward, its investors are now claiming the company threatened to file for bankruptcy protection if they don't give up their rights to sue the startup over its faulty blood - testing business, Bloomberg reported.
If your situation is really dire and your business is filing for bankruptcy, you might take advantage of a protection - from - creditors loophole offered by the state in which you own your home.
May 1 (Reuters)- Gibson Brands Inc, the maker of guitars played by the likes of B.B. King and Elvis Presley, filed for Chapter 11 bankruptcy protection on Tuesday with a plan to reorganize its musical instrument business under the new ownership of its lenders.
We forget that before becoming president and ending slavery, Abraham Lincoln filed for personal bankruptcy due to his small business failure.
April 6 - U.S. footwear and apparel company Nine West Holdings Inc filed for bankruptcy on Friday and said it would sell its Nine West and Bandolino footwear and handbag business to Authentic Brands Group.
Remington Outdoor Co., one of the largest firearms makers in the United States, said on Monday it planned to file for a Chapter 11 bankruptcy deal as part of a plan to lower its debt and turn around its slumping business.
Hardy filed for business bankruptcy last fall and is in the process of filing personal bankruptcy this year.
You can't really judge Detroit, which filed for Chapter 9 bankruptcy protection on Thursday, as a business.
Even if you're not planning to file for bankruptcy, you may be surprised how the new law impacts your business.
May 1 - Gibson Brands Inc, the maker of guitars played by the likes of B.B. King and Elvis Presley, filed for Chapter 11 bankruptcy protection on Tuesday with a plan to reorganize its musical instrument business under the new ownership of its lenders.
Although a corporate bankruptcy filing often indicates that a business is in a perilous financial condition, it doesn't necessarily sound the death knell for that business.
Equifax creates several different business credit scores that are designed to predict how likely a business is to experience a severe delinquency, which means falling 91 days or more past due on an account, having an account charged off or filing for bankruptcy.
Legendary guitar maker Gibson, whose brands include Les Paul and SG, filed for bankruptcy due to its $ 500 million debt in the hopes of refocusing on its core guitar - making business.
Dolan Co., which owns The Daily Record, plans to file for bankruptcy - law protection next week, the Minneapolis - based company announced Thursday.Dolan, a professional services and business information firm, showed signs of mounting financial distress in...
Depending upon how long ago a business owner may have filed and what their credit behavior has been since the bankruptcy, the business will likely pay a premium for any financing it is able to secure.
BCBG Max Azria Group Inc., the glitzy fashion house founded by designer Max Azria, filed for bankruptcy in a third attempt in two years to rescue a business beset by changing consumer habits.
While we've known for awhile that Freedom Communications would get to this point of a fresh bankruptcy filing, it is Tribune Publishing's spring purchase of the Union - Tribune that changes the business dynamics of the big market.
Montgomery's recyclables are now going to a landfill, and a once booming local business, United Plastic Recycling, filed for bankruptcy last year.
The embattled political consulting firm Cambridge Analytica announced yesterday that it would cease most operations and file for bankruptcy amid growing legal and political scrutiny of its business practices and work for Donald J. Trump's presidential campaign, the New York Times reported.
The toy chain's U.S. and Canadian business units filed for bankruptcy in September, espousing their hopes that an updated business model and more manageable debt level would enable the company to emerge leaner, and profitable.
In addition to the above, Credibility Capital will not consider businesses if they have filed for personal or business bankruptcy in the last five years.
Rosenstein & Associates provides legal services to its clients in all business related matters, including: business formations; business & corporate litigation; transactional matters (contractual matters); wills, trusts and estate planning; assistance with filing for copyrights and trademarks; real estate transactions; asset protection; assistance with tax audits and litigation, asset protection and if necessary, reorganization of a business including providing for protection by filing of a business Bankruptcy.
Sweet potato grower - shipper Southern Produce Distributors has filed for Chapter 11 bankruptcy, with plans to restructure and continue business.
This week Toys R Us filed for bankruptcy, blaming the rate, and over the coming years there will be ripple effects in many other businesses.
Holbrook, Long Island - based retail chain Vitamin World Inc. plans to file for bankruptcy protection to restructure the business and renegotiate its store leases, the company's chief executive said.
Norse recently filed for bankruptcy, claiming the delays had put it out of business.
Concurrent with deCODE's recent petition for bankruptcy protection in the United States, deCODE has entered into and filed with the court an asset purchase agreement with Saga Investments LLC (Saga) to sell its Iceland - based subsidiary as a going concern, including latter's product lines and service businesses.
We will not sell, rent, or trade your email address to any unaffiliated third party without your permission except in the sale or transfer of our business, or if our company files for bankruptcy.
With schools failing, families filing for bankruptcy and foreclosure, and businesses leaving a struggling community in Memphis, Tennessee, Yetta Lewis and Derwin Sisnett saw a need for education and community development.
This is good for the auto business, of course, coming just six years after General Motors and Chrysler filed Chapter 11 bankruptcy reorganizations and some five years after Ford Motor Company sold off all its high - profit - margin Premier Automotive Group brands except for Lincoln.
* Note: Suzuki has filed for bankruptcy and is shutting down its car business in the U.S. Suzuki's cute and compact SX4 offers a way into the world of all - wheel drive without the high - cost premium that usually accompanies it.
* Note: Suzuki has filed for bankruptcy and is shutting down its car business in the U.S..
The CEO himself recently said that the business might be saved but not before they have to file for bankruptcy in the US.
In the deepening turmoil surrounding German publisher house Suhrkamp Verlag, the house has filed for bankruptcy and will use a new law to attempt to stay in business.
If I were to guess, I'd say that at some point, when big publishers start filing for bankruptcy, Barnes and Noble is gone, and nobody can afford to get into the book retailing business, we might find the DoJ moving in a different direction than they have now and regretting they stepped into this whole mess in the first place.
The individuals and business who file for bankruptcy have far more debts than money to cover them and don't see that changing anytime soon.
I provide debt relief solutions, including filing bankruptcy cases, for individuals and small businesses.
To file your bankruptcy petition in New Jersey, a debtor must have resided in the state or had your principle place of business in the state for the larger part of the past 180 days.
As of December 1, 2015, an entirely new set of official bankruptcy forms became the standard for use by anyone, individual or business, filing for bankruptcy relief.
Somebody I met claims that some «shady» business owners out there can create a company with the purpose of paying for an expensive service - then make that company file for bankruptcy to avoid paying for said service (after the service was already completed).
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