Bankruptcy might buy a company more breathing room financially, but it does not fix any underlying problems. That's why it's ...

Could your debt be reduced or forgiven? Take our financial relief quiz. Some business owners and individuals with large amounts of debt turn to Chapter 11 bankruptcy to restructure what they owe and ...

We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...

Aisha "Pinky" Cole, the Atlanta restaurateur behind Slutty Vegan, filed for Chapter 11 bankruptcy on Monday, March 2, 2026, ...

Spirit Airlines filed for Chapter 11 bankruptcy protection for the second time in less than a year on Friday. The company had avoided bigger changes to cut costs, like getting rid of planes or more ...

Luxury movie theater chain iPic Theaters has filed for Chapter 11 bankruptcy reorganization, vowing to try to return to ...

Companies often file for bankruptcy not because they're not cash flow positive, but because they can't generate the cash needed to service their debt. In many cases, if you took that debt away, the ...

Discount carrier Spirit Airlines, overwhelmed with continuing financial difficulty, returned to bankruptcy court in a second bid to rehabilitate its business reorganization under Chapter 11 protection ...

FAT Brands CEO Andy Wiederhorn made it clear on Jan. 12 at the ICR conference in Orlando that his company might end up filing for Chapter 11 bankruptcy. “We’ve been talking about restructuring this ...

Hawthorne Race Course has filed for Chapter 11 bankruptcy in Chicago Friday but a Thoroughbred meet is still possible.