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The once-popular chain is close to bankruptcy. ... Michigan; Schererville, Indiana; and two locations in Minnesota, ... a buyer and will likely file for Chapter 11 bankruptcy protection. About 200 ...
One of Minnesota's oldest bankruptcy law firms has filed for Chapter 11 bankruptcy protection after losing a five-year legal spat with another bankruptcy law firm over mutual claims of false ...
Before You File for Bankruptcy, Consider These 3 Alternatives. Steve Strauss, The Motley Fool. October 19, 2024 at 4:30 AM ... Click here to read our full review for free and apply in just 2 minutes.
The automatic stay in bankruptcy is the result of Section 362 of the Bankruptcy Code that requires all collection proceedings to stop. There are exceptions, of course, but generally this is the term for the "relief" from collection proceedings a debtor receives by filing the bankruptcy with the bankruptcy clerk's office.
The chain operated 18 locations when it filed for Chapter 11 bankruptcy protection in 2006. [ 3 ] In August 2008 Taher Inc. acquired Timber Lodge Steakhouse Inc. Minnetonka-based Taher Inc., led by founder and CEO Bruce Taher, provides foodservice management for schools, senior-housing facilities and corporate cafeterias in 10 states.
Disadvantages of filing for bankruptcy. The effects of a bankruptcy often go beyond your credit score, ... Your essential guide to interest-free borrowing; AOL. Savings interest rates today: Turn ...
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