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What are the consequences of filing for bankruptcy in Oklahoma?

If you’ve accrued a significant amount of debt you can no longer pay back and have creditors taking legal action against you, you might be considering filing for bankruptcy. While bankruptcy will help you eliminate some of your debt and pay…
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Fort Walton Beach businesses may be in danger of serious financial trouble even after the coronavirus pandemic ends

Business, lifestyle, and operations restrictions caused by the coronavirus pandemic resulted in many businesses in Florida and elsewhere in the country filing for bankruptcy, or becoming dangerously close to doing so. Several different industries…
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Chesapeake Energy Corporation, an Oklahoma City-Based Company, Prepares to File for Bankruptcy

As the U.S. slowly emerges out of the COVID-19 pandemic, businesses are beginning to assess the losses they suffered to determine what their next move should be. While some businesses were lucky enough to withstand the financial hit their business…
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JCPenney Announces it Has Filed for Bankruptcy and is Closing Six Stores in Oklahoma

The COVID-19 pandemic has wreaked havoc on businesses of all types and sizes, especially those that were shuttered by government orders. Unfortunately, JCPenney was one of those businesses that took a hard hit as a result of the pandemic and…