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 ...

The declaration of bankruptcy under Chapter 11 of the U.S. Bankruptcy Code is a critical mechanism for businesses facing financial distress. It provides a structured path for companies to reorganize ...

The liquor and wine brand has filed for Chapter 11 bankruptcy protection. That moves comes after its bank filed an involuntary Chapter 7 bankruptcy for the company. Courts will have to decide which ...

It has been nearly three years since the shocking collapse of FTX, and the pain of that chapter 11 bankruptcy still lingers across the crypto world. After endless hearings, lawsuits, and delays, ...

Corporations, limited liability companies (LLCs), and other businesses can file for protection under either Chapter 7 or Chapter 11 of the Bankruptcy Code. While a Chapter 11 bankruptcy can lead to ...

Health care providers have faced economic challenges over the last year, leading them to consider out-of-court restructurings, bankruptcy filings, selling off facilities, and sometimes closing ...

Another national restaurant chain has filed for Chapter 11 bankruptcy protection. According to Newsweek, Bravo Brio Restaurants -- which owns Bravo! Italian Kitchen and Brio Italian Grille -- filed ...

One of New Mexico’s most well-known brewers is seeking Chapter 11 protection after accruing millions in liabilities. Bosque Brewing Co. LLC initiated a Chapter 11 bankruptcy filing with the United ...

Diminished overseas demand for U.S. livestock forage has contributed to a major Northwest hay exporter seeking Chapter 11 bankruptcy protection while restructuring its business. In its Chapter 11 ...

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 ...