HSBC Troubled Merchant Rhodes Furniture
Richmond, Va.-based The RoomStore, partnering with a liquidation specialist, has signed a letter of intent to acquire 51 Rhodes stores and other assets for $38.8 million. Rhodes Furniture President and CEO Steve Fishman is leaving the bankrupt chain to become the top executive at closeout retailer Big Lots. Rhodes named its veteran chief financial officer, Joel Dugan, to replace him as CEO and president. Dugan said Rhodes’ first order of business is to complete the filing of its Chapter 11 reorganization plan. “Too many customers were victimized by poor financing through Household International and HSBC, thus Rhodes was in a bad position” said consumer advocates at Household - HSBC Watch.
Thinking of making a debt settlement offer? See common settlement scams and rip-offs firstRelated Posts
- Rhodes to Return, Suffers Poor Leadership
- Rhodes Furniture -Another Troubled HSBC Merchant Gone
- HSBC's Niall Booker ignores NC lawmaker
- Business Bankruptcy Issues Under New Bankruptcy Law
Related Searches: chapter 11 reorganization, rhodes furniture, steve fishman, liquidation specialist, reorganization plan
Call somebody about this, anywhere in the world, for FREE
I am hoping you can help me I had a house fire in1/07 I am tring to retrace how mch I paid for the interior items my husband and we purchased a seally living roon set and soild wood bedroon st we purchased theses itens were purchased through a 12mn same as cash promo in calling anyone I could think might have that info they refered me to hsbc for that is who they used for thier finiancing if some could contact me and let me know if you can help me or lead me to who can it would be much appereciated, my email is above my phone # 816-590-5659 Thank you very much Nicole Lampkin