Pier 1 - National Tenant files for Chapter 11 bankruptcy today. Chapter 11 is better then Chapter 13 in which all debts are wiped clean. Chapter 11 is a bankruptcy that reorganizes debts OVER TIME. So don't panic, if you…
Tag: bankruptcy
Three investors called me this week to buy these locations, little did they know the business is having troubles. When buying a single tenant business, you need to research the company thoroughly (big or small). If they file for bankruptcy,…