The week in bankruptcies: The Belgian Wafle Iron LLC

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Columbus-area bankruptcy courts recorded one business filing – including zero with total debt above $1 million – during the week that ended June 19. Year to date through June 19, the court recorded 8 Chapter 7 or Chapter 11 business bankruptcy filings, a 53% 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…
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The week in bankruptcies: The Belgian Wafle Iron LLC

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