So, if you're regularly shuffling money between accounts to meet basic obligations, taking advantage of what bankruptcy can ...

Wolfspeed, a US-based chipmaker, plans to file for Chapter 11 bankruptcy under a restructuring agreement to reduce its $6.5 billion debt by nearly 70%. The pre-packaged plan, agreed upon with ...

Key Takeaways Wolfspeed filed for Chapter 11 bankruptcy as it moved to restructure its debt.The silicone carbide semiconductor maker said its Restructuring Support Agreement with key lenders is ...

The move to close a new batch of locations comes after Rite Aid last month sought to list all 1,240 stores for sale as part of its bankruptcy process before auctioning off its leases and buildings ...

New Delhi: Insolvency and Bankruptcy Board of India (IBBI) has revamped the reporting and monitoring of corporate bankruptcy proceedings to cut red tape, enable auto-population of electronic forms ...

In a letter to customers dated May 5, Rite Aid said that one of its paramount priorities during the bankruptcy process is to ensure that customers’ pharmacy needs are not interrupted.

Filing for bankruptcy can absolve you from having to pay back most of your debts, while debt consolidation simply combines all of your debt into one place to make it easier to pay off. Here, we ...

Publishers Clearing House isn’t the only company that’s filed for bankruptcy recently. Big retailers like Joann, a national craft and hobby store, and Big Lots, a discount retailer, have ...

After the process is completed, all of the chain’s locations will be franchises. Reports that Hooters was considering filing for bankruptcy have been swirling for weeks, and first appeared in ...

In the bankruptcy process, the company plans to sell all of its 100 company-owned restaurants to two franchisee groups that operate Hooters locations in the Tampa, Florida, and Chicago areas.

As part of the bankruptcy process, Bar Louie planned to close at least 13 corporate-owned locations. It lists 48 locations on its website. Why is Bar Louie closing restaurants?