Pacific Star Resort & Spa owner and operator Marianas Properties has filed for Chapter 11 bankruptcy in the District Court of Guam after defaulting on a $32 million bank loan, court records show.

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In spite of its financial turbulence, Spirit Airlines has the wherewithal to fly through the holidays and into 2025 as it ...

Six Applebee’s locations closed late Tuesday night. Now, employees are searching for new jobs. One store manager told FOX4 ...

Detroit’s Police and Fire Retirement System and the city of Detroit agreed that the city will catch up on deferred payments over 30 years, not 20.

“It's as if the bankruptcy never happened,” Poole said. “Our incorporation documents and our charitable registration number ...

(NEXSTAR) — TGI Fridays has closed nearly 50 stores in the U.S. as reports that the chain may become the latest to file for ...

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 ...

He told lawyers he would schedule two weeks in late January or early February for a trial. "I need to give everyone an answer on this stuff," he said. J&J announced its prepackaged bankruptcy plan ...

Bankruptcy is often seen as the quickest way ... Rather than risk receiving nothing, a creditor might agree to a repayment schedule that reduces your debt or spreads your payments over a longer ...

Professor Melissa Jacoby argues in her new book that the bankruptcy system in the U.S. is increasing inequality, helping corporations and hurting some struggling families. Here & Now's Deepa ...