Creditors are seeking a Chapter 7-style liquidation, putting some iconic restaurants at risk of closure during ongoing ...

In reaching a deal with lenders, the owner of restaurant chains like Twin Peaks and Fazoli’s will get a crucial lifeline ...

LOS ANGELES, CA - Californians facing unmanageable debt may find relief through Chapter 7 bankruptcy, a legal process ...

Drowning in debt? Both Chapter 7 and Chapter 13 bankruptcy could offer relief, but they work very differently.

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 ...

When Americans are drowning in debt — and a lot of them are right now, considering that recent data shows credit card balances have topped $1.2 trillion with average credit card APRs hovering above 22 ...

When a business self-limits its audience, it makes its chances for success more challenging. Yes, that niche crowd might ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. Before you file, there's a critical piece of bankruptcy information you ...

When a retail chain closes all its locations with no notice, that's not usually a good sign for the future of the brand. Typically, even a struggling brand gives customers and workers some notice that ...

Synergy World operated a network of more than 100 restaurants, but the sudden bankruptcy means plastic and eGift cards are no ...