Tag Archives: Bankruptcy

Express Information for Chapter 11 Chapter, Closing Stores

The once bustling workwear retailer Express officially filed for Chapter 11 bankruptcy protection in the U.S. on Monday. The retailer will close 100 stores across the country, court documents filed in Delaware said. Assets and liabilities listed are estimated to cost between $1 billion to $10 billion. Express’ portfolio includes brands such as Express, Bonobos, […]

The Advantages and Disadvantages of Bankruptcy

The Advantages and Disadvantages of Bankruptcy When facing overwhelming debt, knowing what to do and how to handle it can be challenging. Bankruptcy is a powerful tool that can provide relief from debt, but it also comes with some risks and drawbacks. In this blog post, we’ll discuss the advantages and disadvantages of bankruptcy so […]