Advanta Corp. placed four additional affiliates under Chapter 11 bankruptcy protection, including the entity that owns Advanta's $2.7 billion in credit card receivables.

In papers filed Friday with the U.S. Bankruptcy Court in Wilmington, Del., the small-business lender asked that the bankruptcy cases of the four subsidiaries be jointly administered with 15 other Advanta entities that sought Chapter 11 protection Nov. 8.

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