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Retailer Forever 21 files for bankruptcy for second time in 6 years

Immigrants, Accidents and Lawsuit Loans: Does NY Need New Rules? It took eight months after construction worker Javier Bances Carranza injured himself in a fall for his lawyer to try to make him feel supported, but it was too late. When the lawyer learned Carranza intended to switch his negligence lawsuit against his employer to …

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Mattress Firm store in Oceanside has closed amid bankruptcy filing

A newly closed Mattress Firm store in Oceanside is among 99 locations in the retailer’s second round of closures as part of its bankruptcy protection filing. The 4,000-square-foot store, which was once a Sleepy’s — the Hicksville-based mattress retail chain was acquired for $780 million by Mattress Firm two years ago — was located on …

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Mission Coal files for bankruptcy—5th coal company in 3 years

A Tennessee coal mining company that filed for bankruptcy this week is the second coal company to go bankrupt during Donald Trump’s pro-coal presidency. It’s also the fifth U.S. coal industry bankruptcy in the last three years as competitors in the energy market continue to drive coal into the dust pile. Mission Coal, an operator …

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David’s Bridal flirts with possible bankruptcy after skipping debt payment

The nation’s leading wedding retailer is flirting with the possibility of bankruptcy protection, which often involves some store closures, after skipping a key debt payment. David’s Bridal, whose tight grip on the wedding business has loosened in recent years amid digital competition and declining marriage rates, failed to make a key loan payment Monday. That …

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Sears, the store that changed America, declares bankruptcy

New York (CNN Business)Sears, the once-dominant retail chain that changed how Americans shopped and lived, has filed for bankruptcy. The 132-year-old company has been struggling for several years and is drowning in debt. The final straw was a $134 million debt payment due Monday that it could not afford. Sears Holdings (SHLD), the parent company …

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No Great Places to Shelter From This Market Turmoil

Bonds are still doing their job this year as investors’ best friends during a downturn: They’re holding up better than stocks, cushioning the blow for balanced investors. High-quality, investment-grade U.S. bonds have returned 0.9 percent through Wednesday, while the Standard & Poor’s 500 index has lost 7.4 percent on worries about the strength of the …

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What To Do When a Debt Collector Calls

http://www.msn.com/en-us/money/everydaymoney/what-to-do-when-a-debt-collector-calls/vi-AAfYMai?ocid=BDT3DHP A call from a debt collector doesnt have to be an intense one. If you know your rights it might help to ease your nerves. If you want to see if a collection bill is lingering on your credit reports, you can get your free annual credit reports once a year at AnnualCreditReport.com.

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