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 ...

Pharmacy chain Rite Aid has begun Chapter 11 bankruptcy proceedings, the company announced on Monday, May 5. Rite Aid CEO Matt Schroeder pointed to financial challenges that "intensified by the ...

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 ...

Claire’s, the teen-focused jewelry and accessory retailer, has filed for Chapter 11 bankruptcy. This is the company’s second bankruptcy filing, after a previous filing in 2018. The top four listed ...

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 ...

The US Bankruptcy courts of Baltimore have issued new paperwork for Diamond Comic Distributors to move it from Chapter 11 bankruptcy to Chapter 7 bankruptcy. In layman's terms, that means moving from ...