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Barrier's files Chapter 11 and plans to liquidate (updated version)

WICHITA — Barrier's, the longtime jewelry and gift store on the northeast corner of Douglas and Oliver, has filed Chapter 11 bankruptcy with $938,788 in liabilities and $2,815,582 in assets.

"We have made a Chapter 11 filing, and now we're in the process of planning our next steps," says Mary Ellen Barrier.

Barrier says she can't say whether the bankruptcy means the store will close or sell.

"I just do not know yet," she says. "All these final decisions have not been made."

According to the bankruptcy filing, though, the store is having a liquidation sale.

"There's a teachable moment here," says Barrier's attorney Ed Nazar.

"We've lost an icon for Wichita, and I feel very sad about that. And we've lost that icon for two reasons.

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