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The Independent UK

Caitlin Hornik

No more big checks? Famed Publishers Clearing House known for doorstep giveaways files for bankruptcy

Publishers Clearing House PCH

Publishers Clearing House, the sweepstakes company known for showing up at people’s homes to present winners with larger-than-life checks, has filed for Chapter 11 bankruptcy.

According to court documents filed Wednesday in New York, the company has just $490,000 in cash and is over $40 million in debt.

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