#CHAPTER7 News

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Another key shipping firm files Chapter 7 bankruptcy liquidation

thestreet.com Since the Covid-19 pandemic began four years ago, logistics companies have been dealing with a number of challenges that have impacted their businesses, including supply…

Beloved retail brand survives Chapter 11 bankruptcy filing

thestreet.com Many times a company enters Chapter 11 with a plan for reorganization. Sometimes that's a fully formed plan where creditors and lenders have signed off because it makes…

Ultra low cost airline shuts down; won't refund fares

thestreet.com Bankruptcy filings by major airlines have not been a common occurrence in recent years. The last significant airline bankruptcy was Republic Airways Holdings' February 2016…

Global cruise and travel company files Chapter 11 bankruptcy

thestreet.com The damage from the covid pandemic continues to wreak havoc on companies that had otherwise been successful. In retail, that effect was obvious. People could not/did not…

Payday loan consolidation: What it is and how it works

aol.com None Some debt consolidation may be available with bad credit. • None Alternatives to consolidation include working with a credit counselor or negotiating with your lender.…

3 popular retail brands face huge Chapter 11 bankruptcy risk

thestreet.com The past year has been brutal for both traditional and disruptive retail brands. A number of companies simply never recovered from the covid-pandemic-era shutdowns, while…

Plastic surgery company goes bust, files Chapter 11 bankruptcy

thestreet.com When a retailer goes bankrupt, customers may be sad but they can easily find someplace else to shop. That new store may be less convenient or not as nice, but there's plenty…

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