Bankruptcy is often seen as the quickest way out of extreme debt. While this may be true for some, there are several different types of bankruptcy, and which one is right for you will depend on ...
In October, the Journal reported that negotiations between the airline and its creditors were focused on a Chapter 11 bankruptcy filing. That form of bankruptcy allows a company to continue operating ...
Bad news for fans of the $5 happy hour: TGI Friday's announced in an official statement on Saturday that the company has filed for voluntary Chapter 11 bankruptcy protection in a Texas federal court.
(RTTNews) - Spirit Airlines is preparing to file for bankruptcy protection after merger discussions with Frontier Airlines fell through, the Wall Street Journal reported, citing sources familiar with ...
Instead, they'll file Chapter 13 bankruptcy, also known as the wage earner's plan. This form of bankruptcy has the debtor reorganize their finances into a repayment plan that outlines how they'll ...
Japan's service-sector sentiment worsened and bankruptcy cases rose in October, data showed on Monday, casting doubt on the central bank's view the country was on track to meet its 2% inflation ...
TGI Fridays filed for bankruptcy on Saturday, joining the ranks of other struggling sit-down chains like Red Lobster.
True Value has filed for Chapter 11 bankruptcy and plans to sell the business to wholesale company Do It Best. Do It Best has offered to pay $153 million in cash to purchase True Value ...
From November 2022 onwards, he would have to answer for every detail of his expenditure to an Official Receiver, essentially a bankruptcy civil servant, and his trustees at the firm Begbies Traynor.
TGI Fridays will live to see another day, at least while bankruptcy proceedings continue. The casual dining destination filed for Chapter 11 bankruptcy protection over the weekend, calling the ...