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Surviving Bankruptcy: What to Do Now

Ramez Toubassy, president of Brand Sense Partners and CEO of Shabby Chic, explains the steps he took to bring Shabby Chic out of bankruptcy. With several high-profile bankruptcies this year, including American Airlines, Blockbuster, SYMS and Filene's Basement, and Jon Corzine's MF Global, one might believe that businesses are surcoming to the stresses of the economy at an increased rate. However, according to the Administrative Office of the U.S

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