What type of bankruptcy did Sears Hometown, file for in December 2022?
Chapter 11
Chapter 7
Chapter 13
Chapter 9
Answer
On December 12, 2022, Sears Authorized Hometown Stores, LLC, and affiliated debtor Sears Hometown, , filed for Chapter 11 bankruptcy protection. This led to the liquidation of the 115 largely owner-operated Hometown stores.
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