Bluestem Brands who owns Fingerhut Catalog, filed for bankruptcy.
The bankruptcy seems to stem from poor sales during the Christmas season. The bankruptcy petition reveals debt in the amount of $460.2 million.
While this bankruptcy stems from poor sales during 2019, unfortunately there are already reports on companies having to file for bankruptcy due to the coronavirus update.
If you have any questions regarding filing for a Chapter 7 bankruptcy, I am now offering consultations via telephone to do my part to contain the virus.
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(904) 712-5565 or (305)-688-LAWS (5297).
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