What exactly happens when you file for bankruptcy, though — and how can you determine if it's the right choice for you? Below ...

Joann Fabrics has once again filed for Chapter 11 bankruptcy protection and said it would try to sell the business. “The company is seeking court approval to begin a process for the sale of ...

Joann Fabrics announced that it was declaring Chapter 11 bankruptcy for the second time within a 12-month period as it seeks a buyer to rescue the beleaguered chain. Chapter 11 bankruptcies ...

Joann filed for Chapter 11 bankruptcy in a Delaware court, the company said in a news release on Wednesday, Jan. 15. The chain known for sewing and other craft materials said the move will help ...

Joann, a once popular craft chain, has filed for voluntary Chapter 11 bankruptcy proceedings, according to a an announcement. The filing, the release says, is to help "facilitate a sale process to ...

Prospect Medical Holdings has filed for Chapter 11 bankruptcy and it could affect multiple hospitals in Connecticut. According to Governor Ned Lamont, despite the filing, the three hospitals ...

Elon Musk warns that the US is on the brink of financial collapse due to its $36.14 trillion debt, with interest payments consuming 23% of federal revenue. He suggests a 30% cut in federal ...

A Hollywood-based discount airline is the latest air carrier to file for bankruptcy protection. Silver Airways and its seaplane subsidiary, Seaborne Virgin Islands, petitioned for Chapter 11 ...

“Lowering the [Bank of Israel] interest rate will help ... of businesses and bring tens of thousands of freelancers to bankruptcy,” said Rami Beja, chairman of the Freelancers Forum.