The Eastman Kodak Co., the New York-based imaging company, filed for bankruptcy on Jan. 19 listing debt near $6.8 billion.

According to court reports, Kodak named Wal-Mart Stores, Inc., Sony Entertainment, and Pension Benefit Guaranty Corp. as a few of the large creditors. Wal-Mart has a claim against Kodak for nearly $11.4 million  and was named the largest unsecured creditor.

PBGC has stated that they are going to help protect the pension plans that are sponsored by Kodak. These pension plans cover about 63,000 people. 

If you or a loved one are struggling with debt, this is the time to discuss your options with an experienced representative. Contact the Arizona bankruptcy lawyers of the Harmon Law Office today by calling 480-829-0494 today.