Posts Tagged ‘filing chapter 11’

What happens when a department store files bankruptcy, closes all their stores & you owe them money on their?

department store credit card? Are you still financially responsible? For instance, Mervyn’s is set to announce that they are going to close all their stores and file bankruptcy (I believe they are now filing chapter 11 after already filing chapter 7) and I happen to have a Mervyn’s credit card and owe some on it and was curious as to what happens.

Thanks!
That’s what I figured but someone told me different about another company going bankrupt.

Thanks!

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Posted February 16th, 2010 in Bankruptcy Q and A. Tagged: , , , , , .

We paid an attorney to file bankruptcy for us?

and he hasn’t responded to our calls or emails on questions about our status. I am a little worried. Meanwhile my car was repossessed and they are looking for my husbands, what should I do? I could of used the money we paid him to pay on our cars, but we are filing chapter 11 to get one payment per month for all of our debts.

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Posted January 17th, 2010 in Bankruptcy Q and A. Tagged: , , , .

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