Fairmont Sign President David Haddad News Today : Breaking News, Live Updates & Top Stories | Vimarsana

The initial bankruptcy document offered few details about Loves Furniture s problems, but said the company has between 100 and 199 creditors and $10 million to $50 million in liabilities. 
According to Loves bankruptcy attorney, the company is looking to keep open its remaining 13 stores and bring in a liquidation company to run going-out-of-business sales for unsold furniture. Some of those stores still display grand opening banners.
Loves Furniture would then seek a new owner for the stores as part of the bankruptcy process, according to attorney Max Newman of Butzel Long. More details about Loves Furniture s plans could be released later in the day. ....

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