The retail apocalypse struck again this week with Pier1 announcing massive store closures and rumors spreading that the company could be headed for bankruptcy. Yahoo Finance’s Brian Cheung breaks down what will happen if the company does go bankrupt and the different bankruptcy options that Pier1 can choose on this week’s Yahoo U.
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When corporations go bankrupt most all the creditors get burned. However there is a silver lining, if the judge is dirty, he or she gets a nice payout and all the lawyers take their cut.
Informative video!
If a company/hospital file bankruptcy should person still pays them for services that was owed?
Awesome educative video
No lesson on chapter 13
Yeah, this segment should have had that.
They may have decided not to include it because corporations can not file for chapter 13, which is geared towards people and pass-through entities
I believe chapter 13 is for individuals.
This guy rocks, or whoever put the info together… Nice job 👍🏻 💯
its very difficult to pull off