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CR Brands, Inc. was an American private-label consumer goods company, owned by the Beachwood, Ohio-based Resilience Capital Partners. It was formed in 2006 by Allied Capital through a merger of two of its subsidiaries, Redox Brands and ChemPro, Inc. CR Brands was headquartered in the Cincinnati area (in West Chester, Ohio) and operated manufacturing facilities in Spartanburg, South Carolina.
Cook's was a chain of discount department stores in the United States, from 1961 to 1987. Headquartered in Cleveland, Ohio, the chain grew to a peak of 115 stores before filing for Chapter 11 Bankruptcy first in 1984, then in 1987, before filing for Chapter 7 bankruptcy later that year.
Chapter 7 of Title 11 U.S. Code is the bankruptcy code that governs the process of liquidation under the bankruptcy laws of the U.S. In contrast to bankruptcy under Chapter 11 and Chapter 13, which govern the process of reorganization of a debtor, Chapter 7 bankruptcy is the most common form of bankruptcy in the U.S. [1]
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.
MC Sports – filed for bankruptcy and closed in 2017; Modell's Sporting Goods – first store opened in 1889. On March 11, 2020, the company filed for bankruptcy, and announced it would close all 115 stores. At the time of the announcement, Modell's was the world's oldest sporting goods chain
Filing Chapter 13 immediately after Chapter 7 is also referred to as Chapter 20 bankruptcy. You won’t receive a discharge when filing Chapter 20 since you aren’t waiting the full four years.
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