The Wall Street Journal reported that Sears hired advisors to help prepare for a possible bankruptcy. According to Business Insider, the company has a debt of $143 million that it needs to pay back. CEO Eddie Lampert has bailed out the company in the past with billions of dollars worth of loans. This time he is not bailing them out but might bid for some of their real estate once they go bankrupt. Sears once use to be the world’s largest retailer, some calling it “the Amazon of its day.”