Bankruptcy can be a lot like a warm hug. Olaf would agree. When you’ve suffered (and suffered miserably) from years of debt and years of harassment from creditors, filing for bankruptcy and discharging all of that debt is a welcomed relief. It’s like a warm puppy....
Claire’s Files for Bankruptcy and Earlobes Everywhere Rejoice
To an earlobe, Claire’s is a sadistic torturer. Over the years, how many innocent dangling ear parts have been subject to wonton and unwanted cruelty all in the name of physical adornment? Not only has Claire’s perpetually condoned the practice, but it has encouraged...
Is Toys R Us Facing Bankruptcy?
Geoffrey the giraffe is not happy. In fact, none of us who are a kid at heart are happy. Do you remember the lyrics to the song? “I don't wanna grow up, I'm a Toys R Us kid There's a million toys at Toys R us that I can play with I don't wanna grow up, I'm a Toys R Us...
The Arizona Bankruptcy Court
The Arizona Bankruptcy Court Bankruptcy was established in the United States by the original version of the US Constitution. If the founding fathers included it in one of our original documents, it’s safe to assume that they felt bankruptcy was critically important to...
Things Are Looking Brighter for PacSun Since Filing for Bankruptcy
There was a time in the 1980s where practically every suburban teen and pre-teen male wanted to be a surfer. It didn’t matter if he lived in Kansas (thousands of miles from the nearest ocean), or in Ocean Beach, San Diego. Being a surfer was cool. Wearing Vans on you...
American Idol Production Company Files for Chapter 11 Bankruptcy
Anybody else remember Ryan Seacrest’s comedic foil from the first season? Neither do I. But apparently his name was Brian Dunkleman. (Kidding of course – we all remember him!) He’s been gone for a long time, and probably has been kicking himself ever since. How about...
Bankrupt 50 Cent Still Spending Money Like the Millionaire He Is
Not all that long ago everyone was blogging about rapper 50 Cent’s bankruptcy. We all used terms like “broke” and “bankrupt,” implying that he was dirt poor. But that’s fair, because you have to be completely out of money in order to file for bankruptcy, right? Not...
Please Touch Museum Just Filed for Bankruptcy Protection
Don’t you just love velvet ropes? They can do so many things, and are such a sophisticated and chic way of saying “keep out,” especially when compared to their obnoxious cousin, yellow police tape. Just think about it the next time you are at the bank, waiting in that...
According to RadioShack, Customer Information Is a Hot Commodity
The Shack is gone but not forgotten. Actually, that’s not entirely true. RadioShack did file for Chapter 11 bankruptcy, but that doesn’t necessarily mean it’s gone for good. All we know at this point is that reports claim it will be closing some of its less...
The Big Mall in the Sky Just Bought a One-Way Ticket to Bankruptcy Court
Until recently, not going mad from boredom on a plane was difficult. Smoking had once been a popular choice. Then came large movie screens that only half the plane could see. These eventually morphed into individual screens on the back of headrests. But these still...