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Accessories retailer Charming Charlie LLC won court approval to put its bankruptcy reorganization plan to a creditor vote following negotiations that led to a settlement with unsecured creditors, WSJ Pro Bankruptcy reported. Bankruptcy Judge Christopher Sontchi yesterday approved moving forward with the plan. The mall-based retailer sought chapter 11 protection in December after months of “flying the plane way too close to the ground,” one of the company’s attorneys previously said in regards to Charming Charlie’s dwindling cash balance. Like many other retailers that sought bankruptcy protection in 2017, Charming Charlie has blamed its financial woes on the major challenges facing the overall industry — namely the consumer shift to online shopping.

Walter Investment Management Corp. announced on Friday that it successfully completed its financial restructuring plan, which eliminated $800 million in debt, and emerged from chapter 11 bankruptcy, HousingWire.com reported. With the bankruptcy now in the rearview mirror, Walter Investment is changing its name to Ditech Holding Corp., adopting the name of its prominent subsidiary Ditech Financial. Last week, Walter disclosed in a filing with the Securities and Exchange Commission that it planned to change its name to Ditech Holding Corp. upon its exit from bankruptcy. Back in December, Walter filed for chapter 11 bankruptcy as part of a pre-packaged restructuring plan to cut its debt by $800 million.