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The firm, which had been growing during the pandemic through acquisitions of other failed co-living companies, filed for Chapter 7 bankruptcy late Friday, indicating its plans to liquidate assets and cease operations. The filing in the U.S. Bankruptcy Court for the District of Delaware indicates that Common has an estimated $1M to $10M in assets and $10M to $50M in liabilities. The company indicated it had at least 200 creditors but fewer than 1,000 entities that could have a claim against it.