Owner of Boardman bridal shop files for bankruptcy liquidation - WFMJ.com News weather sports for Youngstown-Warren Ohio

Brides-to-be find themselves locked out

Owner of Boardman bridal shop files for bankruptcy liquidation

Posted: Updated:

The company that runs a chain of bridal stores, including a Boardman location, has filed for bankruptcy, seeking liquidation of its assets.

Alfred Angelo Bridal filed a petition for Chapter 7 bankruptcy on Friday, one day after word spread that the store on Route 224 and 59 other stores around the country had locked their doors.

Chapter 7 of the Bankruptcy Code provides for "liquidation" - the sale of a debtor's nonexempt property and the distribution of the proceeds to creditors.

The petition filed in Florida states that the company owes between $50 million and $100 million to fewer than 49 creditors. Alfred Angelo estimates its assets at less than $50,000.

When 21 News stopped by the boutique on Route 224, a "store closed" sign was found on the door.

The sign also directed customers to email, predmond@stearnesweaver.com, the store's national attorney.

Employees said customers that are worried about their dresses are being instructed to call customer service at 888-218-0044.

The Better Business Bureau says if you don't want to lose out when a business closes don't hold your gift cards, avoid paying in advance, pay using a credit card, and keep documentation of all transactions.

  • More From wfmj.comHot ClicksMore>>

  • What is lava haze? A look at Hawaii's latest volcanic hazard

    What is lava haze? A look at Hawaii's latest volcanic hazard

    Tuesday, May 22 2018 3:45 PM EDT2018-05-22 19:45:48 GMT
    (U.S. Geological Survey via AP). In this image provided by the U.S. Geological Survey, lava from fissure 20 enters the ocean near Pahoa, Hawaii on Sunday, May 20, 2018. The volcano that is oozing, spewing and exploding on Hawaii's Big Island has gotten...(U.S. Geological Survey via AP). In this image provided by the U.S. Geological Survey, lava from fissure 20 enters the ocean near Pahoa, Hawaii on Sunday, May 20, 2018. The volcano that is oozing, spewing and exploding on Hawaii's Big Island has gotten...
    White plumes of acid and extremely fine shards of glass are billowing into the sky over Hawaii as molten rock from Kilauea volcano pours down a hillside and into the ocean.More >>
    White plumes of acid and extremely fine shards of glass are billowing into the sky over Hawaii as molten rock from Kilauea volcano pours down a hillside and into the ocean.More >>
  • School shooting victims killed attempting to ward off gunman

    School shooting victims killed attempting to ward off gunman

    Tuesday, May 22 2018 2:57 PM EDT2018-05-22 18:57:28 GMT
    (AP Photo/Fareed Khan). Abdul Aziz Sheikh, center, father of Sabika Sheikh, a victim of a shooting at a Texas high school, shows a picture of his daughter in Karachi, Pakistan, Saturday, May 19, 2018. The Pakistani foreign exchange student is among tho...(AP Photo/Fareed Khan). Abdul Aziz Sheikh, center, father of Sabika Sheikh, a victim of a shooting at a Texas high school, shows a picture of his daughter in Karachi, Pakistan, Saturday, May 19, 2018. The Pakistani foreign exchange student is among tho...
    An outgoing and 'really funny' student who blocked the door to try to prevent the gunman from entering the classroom and an exchange student who aspired to work in civil service were among the 10 people killed at a...More >>
    An outgoing and 'really funny' student who blocked the door to try to prevent the gunman from entering the classroom and an exchange student who aspired to work in civil service were among the 10 people killed at a Texas high school.More >>
  • Miss Nebraska wins Miss USA competition

    Miss Nebraska wins Miss USA competition

    Tuesday, May 22 2018 4:13 AM EDT2018-05-22 08:13:46 GMT
    The show has begun to see who will go home with the Miss USA title.More >>
    The show has begun to see who will go home with the Miss USA title.More >>
Powered by Frankly
All content © Copyright 2000 - 2018 WFMJ. All Rights Reserved. For more information on this site, please read our Privacy Policy and Terms