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Corus Bankshares Inc. files for Chapter 11 bankruptcy

Corus Bankshares Inc. filed for Chapter 11 bankruptcy earlier this week. According to court reports, the case was filed in the Northern District of Illinois Bankruptcy Court.

Corus Bankshares Inc. was a holding company that had its bank transferred to MB Financial Inc. in September. The transfer was part of a takeover by regulators. The bank had 80 branches and more then $7 billion in deposits.

If you or anyone you know has considered filing for bankruptcy, contact the Birmingham bankruptcy attorneys at Greenway Bankruptcy Law, LLC, at (205) 324-4000.

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