What is a Chapter 11 bankruptcy and how does it work? This is a serious process that needs to be understood clearly. Click to read our summary of this important topic.

Chapter 11 doesn’t erase all debts and it’s not suitable for all businesses. But in the right cases, it can be a viable way for financially troubled firms to find a path through a difficult time.

23andMe files for Chapter 11 bankruptcy. What that means for you and your data The company said Sunday that it will look to sell “substantially all of its assets” through a court-approved ...

Florida-based CMX Cinemas, operating 16 theaters, filed for Chapter 11 bankruptcy protection. The company aims to restructure its finances and reduce debt while continuing operations.

U.S. Bankruptcy Court Judge Christopher Lopez approved Dallas-based Steward Health Care’s Joint Chapter 11 Plan of Liquidation on July 25, allowing the financially troubled system to distribute ...

However, shareholders do occasionally recover money in a Chapter 11 case, and failure to remain current and file appropriate documents can result in being ineligible for any recovery as a shareholder.