For what appears to be decades, the credit rating agency Equifax has quietly layered three more years of tarnish on the credit histories of hundreds of thousands of people who had filed for bankruptcy under Chapter 13. Read more HERE.
On Sept. 13, Blue Mountain Hotel Group LLC, filed for Chapter 11 bankruptcy in a Georgia court. Chapter 11 allows a company to recognize and restructure some of its debt. Read more HERE.
Toys ‘R’ Us, the toy retailer struggling with $5 billion in debt and intense online competition, has filed for bankruptcy protection ahead of the key holiday shopping season — and says its stores will remain open for business as usual. Read more HERE.
