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Jennifer Lopez Jewelry Distribution Company Files for Chapter 7 Bankruptcy Protection

By on December 9, 2016

The Orlando Business Journal is reporting that the company which produces jewlery designed by JLo, has filed for bankruptcy protection.

It is reported the company sells the Endless Jewelry collection by Jennifer Lopez through 200 retail outlets. There is also an online outlet as well.

“The bankruptcy petition listed assets of $1 million to $10 million and debts in the same range. Endless Jewelry has yet to list its largest debtors or more detailed financials, but its creditor matrix lists Jennifer Lopez @ Axis-Caesars Entertainment as a party to be noticed.”

So you see, bankruptcy is a legal right and protection and it happens to the best of people and companies.

About Steve Rhode

Steve Rhode is the Get Out of Debt Guy and has been helping good people with bad debt problems since 1994. You can learn more about Steve, here.

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