Reader’s Digest, another UK icon has filed for bankruptcy, putting more than 100 jobs under threat.

The decision by the publisher of the renowned magazine comes after it failed to achieve the required support from the UK Pensions Regulator for a pension scheme funding deal.
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Some vital Chapter 7 bankruptcy information. Chapter 7 bankruptcy is the most common type of bankruptcy filed in the United States of America.   There are two main types of filing Chapter 7 bankruptcy.  The first being a business filing this type of bankruptcy, and the second being an individual filing.

An individual can file Chapter 7 bankruptcy, also known as “straight bankruptcy.”
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