A local group of merchants is raising money to gain control of Faneuil Hall Marketplace. So far, the group has raised about $20 million through contributions and donations from merchants, celebrities and the public.

Faneuil Hall is owned by General Growth Properties Inc, the nation’s second largest mall operator. In April, General Growth filed for bankruptcy after being unable to sell properties including Faneuil Hall.

If the deal goes through, many local merchants could be greatly aided. If you are considering bankruptcy, contact the Boston bankruptcy attorneys of Joshua Spirn & Associates at 800-975-5346.