💥New Chapter 11 Bankruptcy Filing - Car Toys, Inc.💥
Western retailer of aftermarket audio components files to close/sell stores.
On August 18, 2025, PNW-based Car Toys, Inc. (the “debtor”) filed a chapter 11 bankruptcy case in the Western District of Washington (Judge Dore) to close 12 of its 47 stores and sell the other 35 to five buyers for a headline, aggregate purchase price of $13.75mm … ~$11.4m of which is to be financed by seller (debtor) notes.