A major fast-food franchisee has filed for Chapter 11 bankruptcy, leaving dozens of restaurants’ futures uncertain as the ...

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 ...

Big L Tires & Auto Service, LLC, a truck and tire services company based in Jacksonville, enters bankruptcy.

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Electric truck maker Nikola Corp. filed for Chapter 11 bankruptcy protection on Wednesday after the company failed to overcome market and macroeconomic challenges. "Like other companies in the ...

23andMe has filed for Chapter 11 bankruptcy protection and its co-founder and CEO has resigned as the struggling genetic testing company continues its push to cut costs, but what does that mean for ...

A Chapter 11 bankruptcy seeks to reorganize a company’s debts and enable the entity to remain operational and become solvent.

Wag! Group Co. announced it is entering a voluntary pre-packaged Chapter 11 bankruptcy process to restructure its balance sheet, ensuring continued operations across its business segments during this ...

The craft beer industry has faced a significant downturn over the last two years as dozens of breweries shut their doors permanently. Some of the symptoms of economic hardship in the industry were ...

Sixty-five Carl’s Jr. locations in California are at risk after Friendly Franchisees Corporation filed for Chapter 11 bankruptcy protection. Friendly Franchisees Corporation filed through the U.S.