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  2. True Value files for bankruptcy after 75 years, filing ... - AOL

    www.aol.com/true-value-files-bankruptcy-75...

    True Value files for bankruptcy after 75 years, filing affects many Michigan locations. Gannett. Eric Lagatta and Dan Basso, Lansing State Journal. October 15, 2024 at 9:47 AM.

  3. Detroit bankruptcy - Wikipedia

    en.wikipedia.org/wiki/Detroit_bankruptcy

    Details from the Detroit bankruptcy filing. The city of Detroit, Michigan, filed for Chapter 9 bankruptcy on July 18, 2013. It is the largest municipal bankruptcy filing in U.S. history by debt, estimated at $18–20 billion, exceeding Jefferson County, Alabama's $4-billion filing in 2011. [1]

  4. Chapter 9, Title 11, United States Code - Wikipedia

    en.wikipedia.org/wiki/Chapter_9,_Title_11...

    In 2010, the city of Hamtramck, Michigan requested permission from the Governor under Michigan's authorizing law to file a petition for Chapter 9 Bankruptcy, [57] but was denied. Instead of bankruptcy, the treasury advised that Hamtramck be offered a selection of loan options. [58] Denied by courts Washington Park, Illinois: City 2010 4,200

  5. When should I file for bankruptcy? - AOL

    www.aol.com/finance/file-bankruptcy-011643245.html

    If you decide not to file for bankruptcy, a credit counselor can still create a debt management plan for you. Similar to Chapter 13, a debt management plan is a systematic approach to paying off ...

  6. Common types of bankruptcy and how to avoid filing - AOL

    www.aol.com/finance/common-types-bankruptcy...

    Key takeaways. There are two common types of bankruptcy: Chapter 7 and Chapter 13. Filing for bankruptcy is a time-consuming process that can take years to stop affecting your finances.

  7. Chapter 11, Title 11, United States Code - Wikipedia

    en.wikipedia.org/wiki/Chapter_11,_Title_11...

    Chapter 11 of the United States Bankruptcy Code (Title 11 of the United States Code) permits reorganization under the bankruptcy laws of the United States. Such reorganization, known as Chapter 11 bankruptcy, is available to every business, whether organized as a corporation, partnership or sole proprietorship, and to individuals, although it is most prominently used by corporate entities. [1]

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