There are some notable differences between Chapter 11 and Chapter 13 bankruptcy, including eligibility, cost, and the amount of time required to complete the process. Both bankruptcies give ...

Creditors still have an opportunity for repayment with the bankruptcy process. Bankruptcy is handled in federal courts, and rules ... Chapter 7 involves the liquidation of assets, Chapter 11 ...

CarePoint Health Systems, based in Jersey City, N.J., filed for Chapter 11 bankruptcy on Nov. 3 to continue operating its facilities while financially restructuring. Here are five things to know: 1.

The parent companies of Ludlow & Prime and Five-O Donut Co. both list the Small Business Administration as their biggest ...

Discount home goods retailer Big Lots has filed for Chapter 11 bankruptcy after warning it had ... The struggling retailer secured $707.5 million in financing to maintain its operations during ...

DALLAS -- TGI Friday's files for Chapter 11 bankruptcy protection. 24/7 coverage of breaking news and live events ...

The nationwide retailer, writing in a press release, explained it initiated Chapter 11 proceedings in the U.S. Bankruptcy Court for the District of Delaware. As proceedings play out, True Value ...

‘The actions we are taking are designed to accelerate our transformation and make Avaya an even stronger partner to our customers and strategic and channel partners,’ Avaya said in a channel ...

Updated May 5 @ 7:00 p.m.: Christmas Tree Shops filed Chapter 11 today in order to restructure its business. As of May 5, ten major retailers have filed for bankruptcy protection, quickly ...

Hardware wholesaler True Value has filed for Chapter 11 bankruptcy amid plans to sell its business to its home improvement rival Do It Best. True Value, based in Chicago, said in a Monday press ...

TGI Fridays, a favorite casual dining destination, has filed for Chapter 11 bankruptcy protection. Citing the COVID-19 pandemic among its business challenges, the company filed for bankruptcy ...

Red Lobster has officially emerged from bankruptcy. The casual dining chain, known for its signature cheddar biscuits, filed ...