The 82-year-old retailer Joann confirmed in a corporate statement Wednesday that ongoing soft sales and inventory issues had ...

Bankruptcy can discharge or restructure most credit card debt, but there are exceptions. For example, luxury purchases or ...

Joann, a fabric and crafts retailer with over 800 stores, has filed for Chapter 11 bankruptcy protection for the second time within a year.

When a bankruptcy filing is denied, it means the court has rejected your petition to discharge debts or reorganize them under bankruptcy protection. The reasons for denial vary but can include: ...

Spirit Airlines plans to cut approximately 200 jobs as part of cost-cutting measures amid their Chapter 11 bankruptcy process. The airline is pursuing a turnaround plan called 'Project Bravo' to ...

The Covid-19 pandemic forced some of the biggest carriers to restructure under the Chapter 11 bankruptcy process. While demand for travel has rebounded, companies have struggled to regain ...

The retailer emerged from a previous Chapter 11 bankruptcy process last April after eliminating $505 million in debt. Now, with $615 million in liabilities, the company will begin a court ...

The retailer emerged from a previous Chapter 11 bankruptcy process last April after eliminating $505 million in debt. Now, with $615 million in liabilities, the company will begin a court-supervised ...

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 ...