How to Go Bankrupt in the U.K.?

Answer Bankruptcy is a challenging experience for anyone, often shrouded in mystery, with people being unaware of the process and the complex route to bankruptcy. In layman’s terms, this article looks a... Read More »

Top Q&A For: How to Go Bankrupt in the U.K.

Can a city go bankrupt?

Cities and other municipalities, including counties, may file for bankruptcy under chapter nine of the Federal Bankruptcy Code. The largest major bankruptcy filing under this act was the 1994 filin... Read More »

Is Pier 1 bankrupt?

The popular furniture store Pier 1 Imports is not bankrupt, as of June 2010. At the end of February 2010, the company was operating more than 1,000 stores in the U.S. and Canada.References:Google F... Read More »

How to Go Bankrupt in Ontario?

Bankruptcy offers Ontario residents the opportunity to remove crushing debt from their lives and pay off most creditors in an orderly manner. The Bankruptcy and Insolvency Act (BIA) covers all citi... Read More »

Why did Kmart go bankrupt?

Kmart's filing for Chapter 11 bankruptcy protection in January 2002 allowed it to restructure its business operations, while shielding it from creditors. This protection allowed Kmart to remain in ... Read More »