Blockbuster May File for Bankruptcy

The video-rental chain Blockbuster Inc. has stated that it may need to file for bankruptcy protection as a result of struggling for the last few years. Auditors for Blockbuster have raised doubts about the company's ability to operate. The filing of bankruptcy for Blockbuster would be a voluntary move, as they attempt to sell international operations as a way to generate cash.

It's never easy to find yourself in the position of needing to file for bankruptcy. However, bankruptcy does not need to be the end for you, but can be a chance at a new beginning. It's important that you understand the process of filing for bankruptcy and know that you do have rights to protect during this difficult time. You do not have to suffer because of this if you are aware of your options and choose to move forward with them.

With the help of a bankruptcy lawyer, you will be able to resolve your matter in the most beneficial way possible and begin moving forward with your life. An attorney will be able to guide you through any difficulties, such as any necessary court proceedings. It's in your best interest to work with a lawyer who will always have your best interest in mind. Please take some time today to contact a bankruptcy attorney and begin discussing your case.