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Borders reportedly hires bankruptcy lawyers

According to a recent news report, Borders Group Inc., the U.S-based international book retailer, has hired bankruptcy lawyers to assist with its growing debt problem.

It is not yet clear whether the company will file for bankruptcy. The company has “hired bankruptcy and restructuring lawyers”, a recent Wall Street Journal report states.

Borders has already begun cutting jobs to alleviate its debt burden. On Monday, the company announced that 45 positions at its corporate headquarters had been eliminated.

If you are facing large amounts of debt and are struggling to make monthly payments, bankruptcy is one option that can help to restart your finances. To speak with an experienced Birmingham bankruptcy lawyer regarding your legal options, contact Greenway Bankruptcy Law, LLC, today at (205) 324-4000.

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Greenway Bankruptcy Law, LLC All rights reserved. We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code. The following language is required pursuant to Rule 7.2, Alabama Rules of Professional Conduct. No representation is made that the quality of legal services to be performed is greater than the quality of legal services performed by other lawyers. This web site is designed for general information only. The information presented at this site should not be construed to be formal legal advice nor the formation of a lawyer/client relationship.

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