Topic: Business & Commercial Bankruptcy

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Sears Closes Stores In Sacramento

Sears Holding Corp, which owns Sears and Kmart, filed for chapter 11 bankruptcy protection last month.  Not showing a profit since 2010, Sears has been unable to compete with giants like Walmart and Amazon. The iconic retailer is attempting to restructure over $5...

Santa Clara County May Buy Bankrupt Hospitals

Verity Health Systems filed for California Bankruptcy protection in August of 2018. The nonprofit health care system operated four San Francisco Bare Area hospitals with over $500 million in long-term debt and all healthcare facilities needing major updates. Even...

Business Mistakes Can be Forgiven with Reorganization or Liquidation

One of the great things about the Sacramento area is that there are rich opportunities for small businesses to thrive and flourish from Carmichael to El Dorado Hills. There are restaurants owned locally on every street. There are offices for every type of professional...

3 Reasons to Consider Bankruptcy Right Away

Below represents 3 common reasons you may benefit from filing for bankruptcy sooner rather than later: 1.     Stop Foreclosure on Your Home Filing for bankruptcy will stop the foreclosure process the moment your bankruptcy documents are filed. You will be notified by...

Nationwide Ambulance Provider Files for Bankruptcy

Running a business at any time can be difficult and stressful. However, over the last few years, running a business has been nearly impossible. It does not take very many missed or late payments for a business to be in financial trouble. This may leave the owner with...