"Winstead's Co. filed for voluntary Chapter 11 bankruptcy protection Feb. 24 in the District of Kansas . . . Winstead's listed assets ranging from $0 to $50,000 and debts ranging from $500,001 to $1,000,000. The filing did not identify a largest creditor."
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Kansas City-area bankruptcy courts recorded three business filings - including zero with total debt exceeding $1 million - during the week that ended Feb. 28. Year to date through Feb. 28, the court recorded 11 Chapter 7 or Chapter 11 business bankruptcy filings, a 1,000% increase from the same span the prior year.