The Week In Bankruptcies: Downtown Dennis Real Estate Llc.

Puget Sound Business Journal Staff, Biz Journals
Wed, 12/02/2020 - 11:32pm

Seattle area bankruptcy courts recorded one business filing with total debt above $1 million during the week that ended Nov. 27. Year to date through Nov. 27, the court recorded 58 Chapter 7 or Chapter 11 business bankruptcy filings, a 22% decrease from the same span the prior year. Chapter 7 bankruptcy protection typically provides for the liquidation of a business’ assets to satisfy creditor claims, while Chapter 11 protection enables a business to restructure its creditor obligations with the…

Topics: year nov chapter week business bankruptcy recorded protection creditor

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The Week In Bankruptcies: Downtown Dennis Real Estate Llc.

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