(Gray News) – Dirt Cheap will soon close its doors. Channel Control Merchants, the parent company of Dirt Cheap and Treasure Hunt, filed for Chapter 11 bankruptcy on Thursday, court documents show. U.S.

Understanding the Context

News Money: Chapter 7 vs. Chapter 13 Bankruptcy: Which Is Best for You? If you’re trying to make sense of bankruptcy jargon and hoping to understand the differences between the different types of bankruptcies, particularly Chapter 7 and Chapter 13, you’ll want to read on. CBS News: What's the two-year rule for Chapter 13 bankruptcy and how does it impact borrowers?

Key Insights

When you've completed a Chapter 13 bankruptcy repayment plan and earned a discharge, the hope is that your financial troubles are behind you. Life doesn't always unfold that neatly, though, especially ... What's the two-year rule for Chapter 13 bankruptcy and how does it impact borrowers? Chapter 11 Bankruptcy, also called a reorganization bankruptcy, allows a company to restructure its debts in order to stay in business and become solvent. Could your debt be reduced or forgiven?

Final Thoughts

Take our financial relief quiz. Some business owners and individuals with large amounts of debt turn to Chapter 11 bankruptcy to restructure what they owe and ... AOL: Dirt Cheap files for bankruptcy, will shut down locations: Here's what we know All Dirt Cheap store locations will be closing after company announces it has filed for bankruptcy. Court documents confirm that Dirt Cheap's parent company, Channel Control Merchants, has filed for ... Dirt Cheap files for bankruptcy, will shut down locations: Here's what we know WSPA: Dirt Cheap stores to close after parent company files for bankruptcy