Archive | bankruptcy

Guitar Center files for chapter 11 bankruptcy amid debt restructuring efforts

On Saturday, November 21, the nation’s largest retailer of music equipment filed for Chapter 11 bankruptcy in the midst of debt restructuring. The beloved Guitar Center, which has long been a second home for DJs and producers thanks to their hearty inventory of Pioneer DJ products and other electronic music hardware, was already challenged by […]

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What Are Your Debt Relief Options?

A new month means new bills, and millions of Americans’ finances are well past the breaking point as they grapple with the pandemic. If you can’t pay your debt or are worried about losing your house or car, it’s time to consider these options: credit counseling, hardship relief, a debt management plan, or bankruptcy.Read more… […]

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What Are Your Debt Relief Options?

A new month means new bills, and millions of Americans’ finances are well past the breaking point as they grapple with the pandemic. If you can’t pay your debt or are worried about losing your house or car, it’s time to consider these options: credit counseling, hardship relief, a debt management plan, or bankruptcy.Read more… […]

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It Looks Like Bristol Forgot To Change Its Website Passwords Before Being Liquidated

Bristol was once a builder of some lovely cars, powerful grand touring cars that sometimes had grilles like a BMW and sometimes like trapezoidal maws with a cyclopean headlamp. In more recent decades, though, Bristol decayed into a sort of incredibly British zombie, with zombie-grade build quality and subsisting on a d…Read more… Continue Reading […]

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It Looks Like Bristol Forgot To Change Its Website Passwords Before Being Liquidated

Bristol was once a builder of some lovely cars, powerful grand touring cars that sometimes had grilles like a BMW and sometimes like trapezoidal maws with a cyclopean headlamp. In more recent decades, though, Bristol decayed into a sort of incredibly British zombie, with zombie-grade build quality and subsisting on a d…Read more… Continue Reading […]

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German Wheelmaker BBS Is Bankrupt Yet Again

BBS Kraftfahrzeugtechnik AG, known for its iconic basketweave wheels, has once again filed for bankruptcy. While the company will be restructured under proceedings similar to an American Chapter 11 filing and will likely live on, the announcement shows how precarious the current economic situation can be for suppliers…Read more… Continue Reading at https://jalopnik.com

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Loot Crate Files for Bankruptcy and Lays Off Workers But Promises to Ship Remaining Boxes

Loot Crate was once the go-to company for monthly shipments of geek and gamer gear, but now its stock has run dry. The company is filing for bankruptcy and has laid off dozens of employees, on top of the 150 warehouse workers who were let go last month. Loot Crate plans to ship all remaining […]

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Loot Crate Files for Bankruptcy and Lays Off Workers But Promises to Ship Remaining Boxes

Loot Crate was once the go-to company for monthly shipments of geek and gamer gear, but now its stock has run dry. The company is filing for bankruptcy and has laid off dozens of employees, on top of the 150 warehouse workers who were let go last month. Loot Crate plans to ship all remaining […]

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Fyre documentaries on Hulu & Netflix complicate the festival’s bankruptcy case—potential subpoena is afoot

Fyre Festival‘s bankruptcy trustee, Gregory Messer, is working toward subpoenas for both Netflix and Hulu after both their respective documentaries were revealed to have mysterious exclusive footage. Reports had already been circling around that both streaming platforms had spent large sums in order to use this footage. According to bankruptcy law, if they payments had […]

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Fyre documentaries on Hulu & Netflix complicate the festival’s bankruptcy case—potential subpoena is afoot

Fyre Festival‘s bankruptcy trustee, Gregory Messer, is working toward subpoenas for both Netflix and Hulu after both their respective documentaries were revealed to have mysterious exclusive footage. Reports had already been circling around that both streaming platforms had spent large sums in order to use this footage. According to bankruptcy law, if they payments had […]

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