Bankruptcy

Luxury Retailer Barneys May Be Headed For Bankruptcy, Reports Say

Barneys may be on the cusp of filing for bankruptcy protection as the luxury retailer contends with high rents, according to reports.       

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Elizabeth Warren & The Dow Corning Bankruptcy: Nothing To See

The Washington Post has a story about Senator Elizabeth Warren’s involvement in the Dow Corning bankruptcy that implies that Senator Warren was somehow working against the interests of personal injury victims. That’s rubbish, and it’s frankly...

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I Filed For Bankruptcy, And It Was The Best Decision I Made

Three people explain what led them to file for bankruptcy and how it affected their lives. At the height of the financial crisis, there were nearly 1.6 million bankruptcy filings, the majority of which were consumer cases. Nearly 10 years later, the...

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Restaurant Chain Files For Bankruptcy, Cites Progressive Minimum Wage Laws

“Over the past three years, the company’s profitability has been significantly impacted by progressive wage laws along the Pacific coast"

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Jeffrey Epstein Is Exhibit A For Capitalism’s Moral Bankruptcy

I was sitting just a few yards away from Jeffrey Epstein as he sat with his defense counsel in Federal Court on July 8. His demeanor was more like an American Express Black Card member frustrated by a flight cancelation than a man facing sex...

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Charming Charlie To Close All 261 U.s. Stores

The accessories chain Charming Charlie has filed for bankruptcy for the second time in less than two years, and will close all 261 of its stores in the United States. Court documents show the company, which was founded in Houston in 2004, filed for...

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Charming Charlie Going Out Of Business, Will Close All 261 Stores In Chapter 11 Bankruptcy

Jewelry and accessories retailer Charming Charlie filed for Chapter 11 bankruptcy Thursday with plans to close all of its 261 stores in 38 states.       

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The 'flipping Exes' Baggage Bravo's Not Talking About: Bankruptcy, Lawsuits, Late...

A Colorado investor says Bravo co-stars Christina "Nina" Klemm and Michael LeSure of "Flipping Exes" defrauded him.       
Related topics: Lawsuits, Taxes

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Visualizing The 20 Biggest Bankruptcies In Us History

Doing business means taking calculated risks. Regardless of whether you are opening a lemonade stand or you’re a leading executive at a Fortune 500 company, Visual Capitalist's Jeff Desjardins points out that risk is an inevitable part of the...

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What Happens To Your Financial Accounts In Bankruptcy?

No one wants to enter bankruptcy, but sometimes it's unavoidable. Many imagine that only those who are irresponsible with their finances end up there, but these days, a leading cause of bankruptcy is medical debt. Hundreds of thousands of people...

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How Chicago, A Hospital And Private Companies Make Money Off The Poor

by Logan Jaffe Happy First Friday of July, Illinois. We’ve got some updates and some stories we think you should read this week about debt, bankruptcy and profiting off the poor: 1. Our...

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As The Energy Market Changes, Another Coal Company Declares Bankruptcy

Another major coal company has declared bankruptcy. It's just the latest blow for an industry that continues to struggle in a fast-changing energy market.

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Dicey Online Diamond Deal Costs Michigan Couple Thousands

This company sold diamonds online. But the Better Business Bureau received a spike in complaints this spring and the company has filed for bankruptcy.       

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Dicey Online Diamond Deal Costs Michigan Couple Thousands

Consumers are out thousands of dollars after trying to buy diamonds online. A New York-based firm called Enchanted Diamonds filed for bankruptcy .       

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Is President Donald Trump Losing His Fight To Save Coal? Third Major Company Since May Files For...

Miners across four states may lose their jobs after another coal company filed for bankruptcy, despite President Trump's promises to the industry.       
Related topics: Donald Trump

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After Saving Chrysler, Lee Iacocca Made An Early Bet On Electric Bikes And Scooters

American car icon Lee Iacocca died on July 2 at age 94. The brash former chairman of Chrysler, Iacocca is best known for pulling the automaker from the brink of bankruptcy in the 1980s. He helped “define the role of the imperial American...

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Another Big Retailer Threatens Bankruptcy

In a period during when besieged retailers continue to close hundreds of stores, a major chain has told its landlords that if they do not improve the terms of their leases, it will tie up the...

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Chicago Can’t Hold Impounded Vehicles After Drivers File For Bankruptcy, Court Says

by Melissa Sanchez Thousands of Chicago motorists may be able to get their cars and trucks out of city impound lots immediately after filing for Chapter 13 bankruptcy following a federal...

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Retail Bankruptcies Soar: Esports & Gym Chains To The Rescue

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Planet Fitness, Inc. (PLNT): Free Stock Analysis Report Nordstrom, Inc. (JWN): Free...

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2 Dirt-cheap Apparel Stocks

Companies that manufacture clothing aren't getting a lot of love from investors. The retail industry is in flux, with bankruptcies and store closings pressuring suppliers, and the possibility of additional tariffs has had investors spooked.With...

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