Potential Bankruptcy for Forever 21 Forever 21 is a clothing retailer for teens and fashionable young adults that now faces potential bankruptcy. The company is preparing for a potential bankruptcy, according to reports. The clothing retailer has more than [...]
How a $15.00/hr. Minimum Wage Increase Would Affect the U.S. The federal minimum wage was created in 1938. Since 1938, in the last 81 years, minimum-wage has increased from $.25 to $7.25. For the longest time in history, Congress [...]
Toys-R-Us Pays Severance A bankruptcy judge approved a settlement to be paid to 33,000 former Toys R Us workers. The laid-off employees filed a class-action lawsuit against the company. Workers are receiving $2 million dollars. The law firm representing [...]
Filing Bankruptcy on Your Doctor Will My Doctor See Me if I Do? Filing bankruptcy does wipe out medical debt. When filing a petition, the debtor is required to list all debts and creditors, this includes medical debt and [...]
Bankruptcy Filings Declining in the U.S. Bankruptcy filings in the U.S., according to the Administrative Office fo the United States Courts, were down .9% from March 2018 to March 2019. The statistics show a nation-wide declining trend since 2011. Bankruptcy [...]
OxyContin Maker Explores Bankruptcy After Bringing in Billions, Bankruptcy may be the Next Step The maker of OxyContin, Purdue Pharma LP, may be exploring bankruptcy as an option to acknowledge the liabilities that stem from about 2,000 lawsuits against [...]
Are the Conditions Right to File for Bankruptcy in Las Vegas? Unexpected Snowfall Hits Vegas Las Vegas, Nevada, February 20, 2019 A perfect storm has led to snowfall in Las Vegas this week. The great 2019 blizzard took [...]
All Payless Shoe Stores closing in the U.S. 2017 Bankruptcy May Not Have Been Enough Payless Shoe Source announced that it will be closing all 2,100 stores in the United States and Puerto Rico. Liquidation sales will begin as well [...]
Candy Companies Filing For Bankruptcy Candies Are Not Being Produced For Valentine's Day 2019 Due To a Company Bankruptcy No Sweethearts this Valentine’s Day! It’s hard to imagine a Valentine’s Day without one of the holiday’s most popular candies: conversation [...]
Gymboree Preparing for Bankruptcy Gymboree, the San-Francisco based major children’s clothing retail store, is reportedly filing Chapter 11 bankruptcy. With over one billion dollars of debt, Gymboree is expected to not only file for bankruptcy protection, but also close all [...]
