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How does bankruptcy work?

Bankruptcy is a legal process that helps people or businesses who can’t afford to pay their debts get a fresh financial start ...
Fat Brands, the parent company for chains like Round Table Pizza and Fatburger, filed for Chapter 11 bankruptcy. Here's what ...
Multi-Color Corporation has filed for pre-packaged Chapter 11 bankruptcy protection as part of a recapitalization effort ...
Fat Brands, the parent company for chains like Round Table Pizza and Fatburger, filed for Chapter 11 bankruptcy. Here's what ...
The US-based luxury retailer said it plans to close the majority of Saks OFF 5TH shops alongside all remaining Last Call outlets after reviewing the performance of those divisions.
Rule 523 dictates the debts you can't erase through bankruptcy (and the list might surprise you).
The luxury retailer, saddled with debt and facing headwinds, says it’s evaluating its physical store footprint as it goes ...
Beverly Hills-based Fat Brands Inc. filed for Chapter 11 bankruptcy with more than $1.4B of funded debt obligations ...
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 ...
Twin Peaks' parent company said it expects the casual dining restaurants to "remain open and operating as usual" during the ...
Some young people on TikTok are framing bankruptcy as a life-changing win. Financial experts say the process should be ...