Camera and photo supply retailer Calumet Photographic Inc. has filed for bankruptcy court protection, The Chicago Sun-Times reported yesterday. Calumet Photographic filed a chapter 7 petition on Wednesday in the U.S. Bankruptcy Court for the Northern District of Illinois. The company had 14 stores in the U.S. In its bankruptcy filing, the company estimated that it has more than 200 creditors and that it owes between $10 million and $50 million. Its assets were valued at between $50 million and $100 million.
