Nexa Collect

AUGUST 2, 2020

You don’t want to face a Chapter 7 bankruptcy filing where your assets are liquidated to pay off creditors. During an unfavorable economic environment, it can be fatal. Spreading yourself too thin, in too many directions, with resources and staff struggling to cover operations, could lead to an implosion.

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Chapter 7 bankruptcy Bankruptcy Startups Creditors 130

Debt RR

DECEMBER 13, 2019

Some major retailers filed for Chapter 11 bankruptcy in 2019, including Beauty Brands, Innovative Mattress Solutions, Things Remembered, Z Gallerie, Kona Grill, Perkins & Marie Callender’s, Sugarfina, Forever 21, and Barneys New York. How Businesses Restructure Debt. The question is who?

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Chapter 7 bankruptcy Bankruptcy Creditors Retail 42

Debt RR

JANUARY 24, 2020

While there are ways to limit a director’s liabilities to creditors through incorporating or filing for chapter 7 bankruptcy, unpaid tax obligations can remain on a credit report for a decade and bankruptcy doesn’t get rid of them. The post What Happens to Debts When Dissolving a Company?

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Unsecured Debt Creditors Chapter 7 bankruptcy Secured debt 40