Bankruptcy

operated under the Sports Authority name. The Sports Authority first disclosed that it was struggling financially in January 2016 when it had missed a $20 million debt payment. At the beginning of March Sports Authority planned to file chapter 11 bankruptcy to reorganize debts and close…

The amount of debt carried by teens and young adults from the ages of 18 to 24 has gone up over 100% since the year 1992. Given that as these young adults are spending up to 30% of their income to pay for this debt, it is important that teens and the parents of teens address the credit-card debt issue. Here are a couple of reasons why parents and their kids should talk about how debt can be eliminated and why it’s important never to own a credit card. The Demographics Teens are the target for…

make can affect the amount of success they have. One of those decisions is who to partner with. There were many great partnerships made during the building of America. Some of those were good and paid off and others were bad and sent people into bankruptcy. Three partnerships that helped shape America were Andrew Carnegie and Henry Frick, Cornelius Vanderbilt and John D. Rockefeller, and J.P. Morgan and Thomas Edison. Cornelius Vanderbilt and John D. Rockefeller made a deal. The deal was that…

to: Steve Raquel from: andrew wirtz subject: Assignment #1: American apparel brand analysis date: September 1, 2016 This document outlines an initial brand analysis for the American Apparel brand that I selected for Advertising 283. In this document, I will be providing a brief overview of the brand focused on the following sections: • Brand Overview & History • Key Product/Product Category • Key Product Attributes • Size of the Market • 2015 Sales Figures • Photos of Brand Fall 2016 •…

causes of foreclosure, there are also many things homeowners can do to prevent a foreclosure on their home. A homeowner may file for bankruptcy as a last resort in order to pause the foreclosure process. This is not a guarantee, however, because the court could decide that foreclosure is the best course of action, and would cancel the bankruptcy. The canceled bankruptcy would in turn continue the foreclosure…

will be affected by the decision, not just the decider (Halbert, 2008). It is pitiful that they did not continue with this ethical theory when it came to spending money. By not continuing to follow utilitarianism, they wound up with a Chapter 11 bankruptcy, multiple investigations, and a lawsuit against…

prevalent are medically related bankruptcies and collection agencies. According to experts from the American Journal of Medicine, around 62% of all bankruptcies in the US were related to medical expenses that exceeded their means to pay. The long-term effects of bankruptcy are catastrophic for financial health and include denial of home mortgages, car notes, and in some cases losing a job. The most telling problem in this research is that many of those bankruptcies filed were from people that…

billion to $1.1 billion in the same period. In 2010, Blockbuster filed for bankruptcy Chapter Eleven on account of being over $1 billion in debt, and won. (Hill and Jones, 2013). With this all being said, looking at the numbers above, one thing is for certain, their future is bleak, but if they choose, they could invest money to revamp the current retail strategy, which would help greatly. The company filed for bankruptcy on the 23rd of September in 2010, getting rid of more than $1 billion of…

RadioShack — once the go-to chain for consumer electronics — will shutter 1,000 stores during the Memorial Day weekend as it undergoes its second round of Chapter 11 bankruptcy proceedings, the company announced Friday. RadioShack will continue to operate 70 brick-and-mortar stores across the U.S. as the retailer migrates most of its sales operations to its website, RadioShack said in a news release Friday. This round of closures does not affect the company’s 500 “dealers” — or franchisee-run…

If so, you are very much relating to the French in 1789. The French Revolution. There are a bounty of reasons as to why this revolution began. However, the three main causes of the French Revolution consisted of political inequalities, government bankruptcy, and the inspiration of the actions and ideals of the American Revolution and The Enlightenment period. The people of France were becoming sick and tired of being constantly set down. Change was ineludible and sure it enough it transpired.…