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 ...

For many Americans, your local Red Lobster may be a thing of the past. The seafood chain closed dozens of restaurants ahead of an announcement last week that it was filing for Chapter 11 bankruptcy in ...

U.S. corporate bankruptcies approached a 14-year high in 2024 and are expected to continue at a steady pace in 2025. With this increase in business bankruptcies across industries, it’s possible that ...

Male cafe owner making accounting records in a coffee shop The Business Journals Leadership Trust By Lamar Hawkins, Attorney Guidant Law, PLC D. Lamar Hawkins, an attorney with Guidant Law Firm, ...

Here's why your stock may lose its value under bankruptcy Gordon Scott has been an active investor and technical analyst or 20+ years. He is a Chartered Market Technician (CMT). When a company files ...

BROCKTON — In light of Steward Health Care declaring bankruptcy under Chapter 11, you may be wondering what that means and how it differs from other ways of going bankrupt. Simply put, Chapter 11 is ...

This has been a year filled with several store closures and announcements of bankruptcy. Another Florida company has added its name to 2024's growing list. Venice-based Tervis, a national drinkware ...

On 14 November 2025, M&M Custard LLC, a key franchisee of Freddy's Frozen Custard & Steakburgers — one of the closest rivals to Dairy Queen — filed for Chapter 11 bankruptcy protection, sending ...

Ancestry and genetics-testing company 23andMe filed for Chapter 11 bankruptcy protection over the weekend This news comes as CEO and co-founder Anne Wojcicki announced her resignation, according to ...

Spirit Airlines is known for its low ticket prices—and even lower service standards—but it has faced years of mounting losses and, more recently, a failed merger. On Monday, the budget carrier filed ...

Jason Harris is an academic member of the Australian Restructuring Insolvency and Turnaround Association. Capitalism without insolvency is like Christianity without Hell. Those were the words of ...

This news comes as CEO and co-founder Anne Wojcicki announced her resignation, according to Reuters. She will immediately be replaced by Chief Financial and Accounting Officer Joe Selsavage as interim ...