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Advanta files for Chapter 11, warns that FDIC could take over bank (39)
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Delaware Business Ledger  | November 16, 2009

Small business credit card company Advanta Corp announced that it filed a voluntary petition for reorganization under Chapter 11 of the U.S. Bankruptcy Code. Reports indicate the filing took place in Wilmington. The company is based in suburban Philadelphia and has a bank branch listed in north Wilm...
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