Now that it looks like from managements maneuvering that bankruptcy is certain to happen very soon, what are the odds it could go directly to Ch 7 instead of Ch 11.
There was an analyst stating it could line up that way because of the abnormal amount of debt they are dealing with.
This would mean all stockholders would have zero value.
Posts mentioning hashtag #chapterseven
Below are all the posts — topics as well as replies — that mention the hashtag #chapterseven.
Mention #chapterseven in your post to continue the discussion!
Circle Furniture Enters Chapter 7 Liquidation
Circle Furniture, a 70-year-old retailer, closed all its locations in December 2025. The company filed for Chapter 7 liquidation on January 30, 2026. Court documents reveal $13.7 million in liabilities and $2.2 million in assets. Customer deposits for orders are now unsecured claims in the process. Management stated regret for hardship caused to customers and creditors.
https://www.thestreet.com/retail/70-year-old-circle-furniture-chain-shuts-down-files-chapter-7
Betting Bankruptcy News
50% sure they will announce chapter 7 restructure.
❓ On a scale of 1-10 (10 being most likely) +-+ HOW LIKELY IS IT THAT AVAYA WILL FILE CHAPTER 7 & BE LIQUIDATED❓❓
Please Respond In Comments
1
2
3
4
5
6
7
8
9
10
Thank you. Also included thoughts, reasoning to back answer.
One wrong move after another
If Intel weren’t as massive as it is and didn’t have its long history propping it up, it would’ve been looking at Chapter 11 or even Chapter 7 a long time ago.