Once-iconic stores like Express, Rue 21, Joann, Big Lots and Party City filed for bankruptcy. Some, such as crafts retailer ...

Fast-food restaurant chains have faced financial distress over the last year with chains representing several different ...

All Joann Fabrics and Crafts locations across the U.S. will close down over the next several weeks, according to Joann Inc., ...

Debt settlement and Chapter 11 bankruptcy aren't the only ways to tackle your financial troubles. Depending on your ...

Nikola, an EV startup once valued higher than Ford, has filed for Chapter 11 bankruptcy. In the wake of a high-profile ...

SencorpWhite Inc., ("SencorpWhite" or the "Company") announced today that the Northern District Bankruptcy Court of California (case #24-51721) has approved MSI Automate ("MSI"), a portfolio company ...

Spirit Airlines says it expects to emerge from Chapter 11 reorganization bankruptcy “within weeks” after a US court approved ...

Chapter 11 bankruptcy is a legal process that allows for the restructuring of your debt. While it is designed primarily for businesses, it can also be used by individuals with substantial debt.

A U.S. bankruptcy judge approved Spirit Airlines' restructuring plan to emerge from Chapter 11 bankruptcy as a private ...

In collaboration with the new ownership group, the Hudson, Ohio-based retailer announced it will shut down operations at all ...

Spirit Airlines is on track to emerge from Chapter 11 bankruptcy thanks to the private takeover of multibillion-dollar bondholders like Ken Griffin's Citadel Advisors.

There are many reasons why a company might be experiencing financial distress, including overwhelming debt, cash flow problems, substantial ...