Casual dining chain TGI Fridays filed for Chapter 11 bankruptcy Nov. 2, citing the COVID-19 pandemic as one of the drivers ...

W hen parent companies declare bankruptcy, some or all of the brands they own wind up being affected. Well earlier this month, Franchise Group Inc. filed for bankruptcy and while ...

Bankruptcy is designed as a last-choice option for those needing a clean slate. But what if you’re 80, are facing medical debt of over $100,000 and have no other income but Social Security? There’s ...

Many people who should consider filing for bankruptcy avoid doing so out of shame or fear it could ruin their credit. But it ...

American casual restaurant chain TGI Fridays declared bankruptcy to restructure. But can it afford to cover the $50 million in gift cards out there?

Fueled by inflation, bankruptcies have risen for the past two years in a row. That's after pandemic relief measures ...

Depending on your situation, declaring bankruptcy or consolidating debt can be good options. However, each borrower must carefully consider which approach makes the most sense or if neither is a ...

Exactech, which designs and manufactures body implants, filed for bankruptcy after hundreds of lawsuits were filed claiming ...

TGI Fridays is the latest restaurant chain to declare bankruptcy. The company filed voluntary petitions under Chapter 11 of ...

Wirral Council said it was a possibility it could declare bankruptcy later this year despite a spending freeze helping things ...

KITCHENER, Ont. - The Kitchener-Waterloo Symphony says it will play again, more than a year after declaring bankruptcy. A newly elected board says a proposal to the symphony's creditors recently ...

New bankruptcy filings suggest that the parent company may not have enough cash to cover reimbursing the value of the nearly $50 million in outstanding cards should they all get turned in.