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Bankruptcy May Be Your Option

February 2017 Archives

Chapter 11 may assist struggling Oklahoma businesses

When a business faces considerable losses, it may prove difficult to bounce back financially. As a result, many companies may consider their options for debt relief and financial assistance that could potentially help them get out from under considerable monetary burdens. For some, Chapter 11 bankruptcy may prove to be a viable option. 

Toy company seeks Chapter 11 bankruptcy protection

Many businesses in Oklahoma are started by people who have a product or line of products that they think would be popular. While these businesses often see success, some face financial difficulties. One company, overwhelmed with debt, has recently made the decision to file for Chapter 11 bankruptcy.

Several retailers consider Chapter 11 bankruptcy

Many retailers in Oklahoma and across the country are struggling to stay afloat financially. Changes in the way customers do business in addition to other factors have had a major impact on many different stores. Unfortunately, several stores must soon make difficult decisions regarding whether to file for Chapter 11 bankruptcy.

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