Radio Shack on the verge of bankruptcy, that appears to be the case. We all know and have grown up with Radio Shack. Every mall in America seems to have one, there are also many locations outside of malls. Based on the technology boom in the world, Radio Shack should be an overwhelming success, but that is hardly the case. Radio Shack recently announced its latest quarterly loss, $119.4 million dollars, and went on to  state it might not have enough capital left to continue as a going concern. Radio Shack while selling technology items, has failed to sell the hot items people want. Radio Shack was founded in 1921  and it seems hard to imagine the company not being around anymore, but it now has lost money for 10 consecutive quarters and its stock is now worth about $1. Radio shack attempted to close over 1,000 money losing stores, but its creditors objected, and told them they can only close 200 stores a year. Barring a last minute deal with creditors, the only way the chain seems destined to survive is through bankruptcy.  Just like many in this country, the economy has left Radio shack with few viable options. Many times bankruptcy is the only way to stay afloat financially. If you are in tough financial straights, take a cue from large corporations, consult a knowledgeable bankruptcy attorney to discuss your options and give yourself the fresh start you deserve.

The Butler Law Firm PA serves all individuals living in South Florida and residing in Broward County, Palm Beach County, and Miami-Dade County; moreover we have worked for, counseled, or filed bankruptcy for individuals living in the cities of: Aventura, Boca Raton, Boynton Beach, Coconut Creek, Coral Gables, Coral Springs, Cutler Bay, Dania Beach, Davie, Deerfield Beach, Delray Beach, Doral, Fort Lauderdale, Ft Lauderdale, Greenacres, Hallandale, Hialeah, Hollywood, Jupiter, Lantana, Lauderdale Lakes, Lauderhill, Miami, Miami Beach, Miami Gardens, Miami Lakes, Miramar, North Miami, North Miami Beach, Palm Beach Gardens, Palm Springs, Palmetto Bay, Pembroke Pines, Pinecrest, Plantation, Riviera Beach, Royal Palm Beach, Sunny Isles Beach, Sunrise, and West Palm Beach.

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