Altrec Inc. files for bankruptcy

Altrec Inc. files for bankruptcy

The e-commerce outdoor gear retailer owes more than $1 million in debts to five Portland-area footwear and apparel brands.

A federal bankruptcy court hearing has been set for Tuesday in Portland to consider motions for selling the company and its assets, which one court filing valued at $3.25 million. Altrec filed a voluntary Chapter 11 bankruptcy petition Jan. 6 in Portland.

Read more at OregonLive.com