Breaking News Sears files for Chapter 11 bankruptcy protection The filing comes as the ailing retailer faces a Monday deadline for a debt payment of $134 million. Banks have agreed to lend money to the company, which lists assets of $1 billion to $11 billion and liabilities of $10 billion to $50 billion, according to court papers. Click here for more. For more news, please go to FoxNews.com and watch Fox News Channel.

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