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 ...

The former is available to all, while the latter is just for individuals J.B. Maverick is an active trader, commodity futures broker, and stock market analyst 17+ years of experience, in addition to ...

Astute lenders are always looking for ways to minimize risk exposure, protect remedies, and maximize recoveries in connection with a loan, especially with respect to borrowers that have the potential ...

801 Restaurant Group filed for Chapter 11 bankruptcy following two restaurant closures, the group told PEOPLE in a statement Zach Boyden-Holmes/The Register/USA TODAY NETWORK via Imagn Images 801 ...

QVC Group – the parent company of QVC and HSN – is reportedly teetering on the edge of bankruptcy as it grapples with billions of dollars in debt. Bloomberg reports that the shopping powerhouse is ...

Hooters of America has become the latest casual dining chain to seek Chapter 11 bankruptcy protection. Additionally, Hooters says it is evaluating the brand’s operational footprint as part of a ...

The award-winning brewery says it plans to stay open, but Chapter 11 puts its future in the court's hands.

Intrum's ongoing restructuring is very positive for shareholders, as it dissipates any short-term solvency concerns by delaying any major debt repayment until 2028 and applying a haircut to the debt.

While Chapter 11 does not require debtor insolvency, it does require good faith (applicable to the petition and the plan), which for solvent debtors seeking to reject and modify lease-counterparty ...