Sears Holdings Corp. filed for chapter 11 protection with a plan to close roughly 142 more stores. The chapter 11 filing to reorganize debts follows a decade of revenue declines, 
hundreds of store closures, and years of trying to turn the company around.
The company listed $6.9 billion in assets and $11.3 billion in liabilities in documents filed in the U.S Bankruptcy Court in the Southern District of New York.
If you are thinking about filing for bankruptcy contact our law office at 816-524-4949 or visit our website at Hoorfarlaw.com