Fast-food restaurant chains have faced financial distress over the last year with chains representing several different ...

Whenever popular baking companies have financial problems that can lead to bankruptcies and possible shutdowns, consumers ...

All Joann Fabrics and Crafts locations across the U.S. will close down over the next several weeks, according to Joann Inc., ...

Debt settlement and Chapter 11 bankruptcy aren't the only ways to tackle your financial troubles. Depending on your ...

Electric vehicle startup Nikola filed for Chapter 11 bankruptcy on Wednesday and plans to move forward with an auction of its ...

Nikola, a Phoenix, Arizona-headquartered EV maker, filed for Chapter 11 bankruptcy due to monetary concerns and being a part ...

One of Arizona's largest electric vehicle (EV) makers has filed for bankruptcy, and FOX 10's Steve Nielsen has more on what ...

Nikola, an EV startup once valued higher than Ford, has filed for Chapter 11 bankruptcy. In the wake of a high-profile ...

Spirit Airlines says it expects to emerge from Chapter 11 reorganization bankruptcy “within weeks” after a US court approved ...

In collaboration with the new ownership group, the Hudson, Ohio-based retailer announced it will shut down operations at all ...

Chapter 11 bankruptcy is a legal process that allows for the restructuring of your debt. While it is designed primarily for businesses, it can also be used by individuals with substantial debt.

There are many reasons why a company might be experiencing financial distress, including overwhelming debt, cash flow problems, substantial ...