After more than a year in Chapter 11, next week could see the opening of the door out of bankruptcy for Great Atlantic & Pacific Tea Co. (GAPTQ).

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Another company that received backing from the U.S. Department of Energy files for Chapter 11 bankruptcy protection.

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While the economy has continued to bruise our wallets and personal debt loads, even businesses are having a tough time fighting the effects of a downtrodden economy. Although personal bankruptcy filings have dropped over the last year, it seems as though there has been an increase in business filings. Are more businesses filing for bankruptcy or are we just more in tuned with hearing about them in recent years? It could be a little of both, but the fact remains that some well known names have hit the newsstands with their announcements of filing for bankruptcy protection.

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Chief U.S. Bankruptcy Court Judge Douglas O. Tice Jr. granted a request today by the museum's attorney, Sandra R

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(Reuters) – Washington Mutual Inc said on Friday it has won court approval to send its latest reorganization plan to creditors for a vote, and hopes to end its nearly 3-1/2-year-old bankruptcy by the end of February. Once the largest U.S. savings and loan, Washington Mutual expects to distribute more than $7 billion to creditors after it emerges from Chapter 11. A hearing to confirm its …

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BOISE — The owner of six Boise radio stations is entering bankruptcy protection, but says business will continue as usual. Trade publication All Access reports that Peak Broadcasting has filed a prepackaged plan of reorganization along with relief under Chapter 11 Bankruptcy.   The bankruptcy plan allows for Peak to continue paying their employees, vendors, and other creditors.

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Trailer Bridge Inc.’s fast track out of bankruptcy has hit a speed bump as the Jacksonville-based marine and truck company still hasn’t filed its Chapter 11 reorganization plan.

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GREENEVILLE — The International Storytelling Center in Jonesborough has filed a proposed plan of reorganization for emergence from Chapter 11 Bankruptcy that includes the surrender of its iconic building on Main Street, continuation of its annual storytelling festival and year-round Teller in Residence programs.

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The principal developer behind plans for an urban village near Modesto’s Kaiser hospital has filed for bankruptcy protection. Aruna Chopra and her husband, Sawtantra, listed debts of $8.2 million tied to property on Dale Road across from the hospital in Friday’s petition for Chapter 11 reorganization.

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Quiznos says a majority of its creditors have agreed to a plan by the restaurant chain to restructure or pay off some $875 million in debt, but it may yet file for Chapter 11 bankruptcy protection.

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