Joann Chapter 11 Again Amid Asset Sale Fears Should No Buyer Be Found
The 82-year-old retailer Joann confirmed in a corporate statement Wednesday that ongoing soft sales and inventory issues had ...
Can I Declare Bankruptcy for Credit Card Debt?
Bankruptcy can discharge or restructure most credit card debt, but there are exceptions. For example, luxury purchases or ...
La Crosse Tribune7d
Joann files for Chapter 11 bankruptcy for second time
Joann, a fabric and crafts retailer with over 800 stores, has filed for Chapter 11 bankruptcy protection for the second time within a year.
Medical Properties Trust: Issues In Operating Portfolio And Debt Position May Be Priced In
Medical Properties Trust is relying on higher cost funding in order to raise the money needed for debt principal payments.
Seattle Times14d
Craft supplies retailer Joann declares bankruptcy for the second time in a year
The retailer emerged from a previous Chapter 11 bankruptcy process last April after eliminating $505 million in debt. Now, with $615 million in liabilities, the company will begin a court ...
Putnam Daily Voice14d
Spirit Airlines Slashes Jobs As It Charts Path Out Of Bankruptcy
The move came as Spirit looks to emerge from Chapter 11 bankruptcy, which it filed for in November 2024 ... President and CEO Ted Christie said he was optimistic about the restructuring process. "We ...
Yahoo Finance15d
Craft supplies retailer Joann declares bankruptcy for the second time in a year
The retailer emerged from a previous Chapter 11 bankruptcy process last April after eliminating $505 million in debt. Now, with $615 million in liabilities, the company will begin a court-supervised ...
ConsumerAffairs15d
Joann Fabrics declares bankruptcy and will seek a buyer
Joann Fabrics has once again filed for Chapter 11 bankruptcy protection and said it would try to sell the business. “The company is seeking court approval to begin a process for the sale of ...