The week in bankruptcies: Byrdland Properties LLC and JetPro International LLC
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Kansas City-area bankruptcy courts recorded two business filings during the week that ended March 20. Year to date through March 20, the courts recorded 14 Chapter 7 or Chapter 11 business bankruptcy filings, a 367% increase from the same span the prior year. Chapter 7 bankruptcy protection typically provides for the liquidation of a business's assets to satisfy creditor claims. Chapter 11 protection enables a business to restructure its creditor obligations with the goal to remain a going concern. Byrdland…
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