You may file for bankruptcy when you have a large debt and do not have the resources to pay it off. When you do this, your creditor (the one you owe) has to do ...

In ‘a very difficult business,’ retail store closings typically signal more about an individual company than the industry ...

The discount retail chain had won court approval to sell itself to private equity firm Nexus Capital Management this fall after filing for Chapter 11 bankruptcy ... a variety of different reasons ...

Maria Lee built a bakery empire, saw it go into liquidation, and moved on and up. Summing up her life was a challenge, her ...

World of Beer Viera will close its doors permanently after its scheduled New Year's Eve festivities. Located at The Avenue ...

Getting your Trinity Audio player ready... Popular stories in 2024 were a mixed bag with celebrations, bankruptcies and a ...

A Houston judge confirmed the Swedish debt collector’s $4.6 billion restructuring plan that will keep its equity mostly ...

Bankruptcy. There’s probably no scarier word out there for a small business owner. When you think of bankruptcy, you may ...

Spirit Airlines ( (SAVEQ) ) has provided an update.

Big Lots, LLC, which is based in Columbus, Ohio, announced that it has found a buyer to acquire its stores, distribution centers and intellectual property to transfer to other retailers.

Bankruptcies played a significant role in economic news in 2024 with retailers, restaurants and an airline all looking for bankruptcy protection to keep from having to shut down entirely ...

The chain filed for bankruptcy protection in September, saying inflation and high interest rates caused consumers to pull ...