Bankruptcy is a legal process that helps people or businesses who can’t afford to pay their debts get a fresh financial start. When someone files for bankruptcy, a court steps in to decide whether ...

Bankruptcy is certainly not an ideal outcome for any real estate loan. If a project's in trouble, though, bankruptcy has its benefits, even for lenders. Real estate and other lenders know they should ...

The legacy retailer is preparing a Chapter 11 bankruptcy filing that could shut down more than 200 locations.

The US-based luxury retailer said it plans to close the majority of Saks OFF 5TH shops alongside all remaining Last Call ...

[Update as of Oct. 2, 2025] At Home has received approval from the U.S. Bankruptcy Court for the District of Delaware for a restructuring plan that would eliminate substantially all of the retailer’s ...

Editor’s note: This story has been updated to include comment from PACS. A nursing home company has revealed it previously transferred operations of 18 Ohio nursing homes to PACS Group, paving the way ...

Beverly Hills-based Fat Brands Inc. filed for Chapter 11 bankruptcy with more than $1.4B of funded debt obligations ...

Fast-casual restaurant chain Twin Peaks' parent company has filed for bankruptcy. What will happen to the Florida locations?

One of the biggest trucking companies in the country is filing for bankruptcy after four decades in business. According to a press release from STG Logistics —one of the largest port-to-door service ...

Some young people on TikTok are framing bankruptcy as a life-changing win. Financial experts say the process should be ...