In anticipation of filing for Chapter 11 bankruptcy, some business owners want to hide assets or sell them to reduce the value of their business or simply for their own personal gain. Doing so is not allowed under the U.S. Bankruptcy Code. A bankruptcy trustee -- the...
Chapter 11 Bankruptcy
More and more retail stores are declaring Chapter 11 bankruptcy
The America of today is not the America of days gone by. There were so many retail stores that were around for so many years; they truly were institutions. One such store is Sears. Sears was the place for appliances and for prices that you could usually count on. In...