underserved communities basic tax information and budget-planning resources. For example, each attendee received free access to the Jackson Hewitt Money Manager, a Web-based home budgeting tool that helps users create and manage a budget and a detailed savings plan. Default In May 2009, the company negotiated out of a default on its debt and technically defaulted for several days in May 2010 (although an agreement with creditors was announced within one week of the "default"). On May 4, 2011, the company announced it had agreed to a twenty-day extension of its debt under its various credit agreements with Wachovia/Wells Fargo Bank. The company mentioned at that time that it was considering many options including a prepackaged bankruptcy filing. On May 20, 2011, the extension expired and the company had yet to file for bankruptcy protection or to announce another extension of its debt. On May 7, 2011, Jackson Hewitt ceased being traded on the New York Stock Exchange. The ending share price was $.19. On May 9, 2011, its stock symbol was changed from JTX to JHTX and began trading on a different stock exchange. On May 24, 2011, Jackson Hewitt officially filed for bankruptcy. In August 2011, Jackson Hewitt became a privately held company with Philip Sanford as its president, chief executive officer and a member of the board of directors. Post-2011 H.I.G. Bayside Capital recapitalized the Company in 2011 and sold the business to Corsair Capital in 2018. Jackson Hewitt has a strong retail presence and has re-emerged after bankruptcy as the second-largest and fastest growing tax preparation company in America, having been named Vendor of the Year for Walmart. During the 2013 tax season, it expanded its presence into Sears throughout the U.S. and Puerto Rico. on January 7, 2015 Jackson Hewitt unveiled its new brand logo and slogan "Working hard for the hardest working" and the return of refund anticipation loans with 0% interest and no credit check. Products and services Tax-return preparation Jackson Hewitt provides its customers with tax-return preparation services and electronic filing. Through the use of its tax software, ProFiler, the company provides computerized federal income tax preparation, state income tax, and individual tax preparation services to customers through its brick-and-mortar operations. In 2014, Jackson Hewitt and Tax Preparer Solutions partnered to provide online federal and state preparation and e-filing services through the Jackson Hewitt website. Franchise sales The company supports more than