Bankruptcy

Sign Up to get access to the latest drops, exclusive products and insider updates.
By entering your email, you agree to receive customized marketing messages from us and our advertising partners. You also acknowledge that this site is protected by reCAPTCHA, and that our Privacy Policy and Terms of Service apply.

Latest Stories

Carl's Jr. on the Brink of Complete Closure Following Chapter 11 Bankruptcy
Life

Nearly 60 Carl’s Jr. Locations in Limbo as California Franchisee Plans Exit

Inside the downfall of a major franchisee as nearly 60 California Carl’s Jr. locations face closure, sale and pressure from the state’s $20 fast-food minimum wage.

Slutty Vegan Founder Pinky Cole Claims Additional $4M Debt in New Bankruptcy Filing
Pop Culture

'RHOA' Star Pinky Cole’s Bankruptcy Filings Now Show Nearly $4M in Debt

New filings detail unpaid rent, supplier lawsuits, and mounting credit card debt as the Slutty Vegan mogul works to stabilize her $100M brand.

Spirit Airlines Seeks Bankruptcy Court Approval to Sell $275M in Planes
Life

Spirit Airlines Is Gone — But Its $275M Airbus Sale Could Decide Who Gets Paid First

Inside the emergency financing deal that could shape who gets paid first as Spirit dismantles its grounded Airbus fleet.

Applebee's Looking to Shutter More Stores Than Expected Amid Chapter 11 Filing
Life

Applebee’s Closures Expand as Major Franchisee Battles Bankruptcy

Inside the Chapter 11 shake-up: how one troubled operator, millions in liabilities, and shifting dining habits could reshape Applebee’s footprint in the South.

Cardi B and Tasha K
Music

Cardi B Wins Contempt Ruling Against Tasha K in Bankruptcy Case

A judge has ordered Tasha K to remove Cardi B-related content, citing non-disparagement violations. The judge also imposed new fines on the blogger and her attorney.

Mark Elibert40 days ago
Advertisement
It's a Wrap: Spirit Airlines Prepares Shutdown After Government Bailout Fails
Life

Spirit Airlines Prepares for Possible Shutdown as $500M Rescue Talks Stall

What stalled $500M rescue talks could mean for low-cost fares, travelers, and thousands of workers if the airline can’t secure new funding.

Spirit Airlines Close to Securing $500M Hail Mary Bailout
Life

Spirit Airlines Nears $500M Government Lifeline as Liquidation Looms

A rare single-airline bailout could give Washington a stake in Spirit — and help decide whether fares, jobs, and routes across the U.S. get shaken up next.

Hardee's Reopens 77 Locations Previously Shuttered by Chapter 7 Bankruptcy
Life

Hardee’s Starts Reopening Dozens of Locations After Franchise Collapse

Inside the fast-food takeover turning a franchise collapse into a corporate comeback, and what it means for workers and your local Hardee’s.

Spirit Airlines Reportedly Reached Out to the Government for Emergency Bailout
Life

Spirit Airlines Scrambles for Government Lifeline as Liquidation Looms

From blocked JetBlue merger to engine recalls and soaring jet fuel, how years of setbacks left Spirit one bad week from collapse.

No More Cheap Flights: Spirit Airlines Could Liquidate As Early As This Week
Life

Spirit Airlines Could Face Liquidation as Soon as This Week

Cheap fares, layoffs, and a second bankruptcy have left Spirit Airlines facing rising costs, failed merger attempts, and growing competition.

Advertisement
Red Lobster is Bringing Back a Controversial Dish That Reportedly Contributed to its Bankruptcy
Life

Red Lobster Might Bring Back ‘Endless Shrimp’ After It Led to Millions in Losses

The all-you-can-eat shrimp deal that led to millions in losses may be back on the menu.

Carl's Jr. Franchisee Files for Bankruptcy, Closing 65 Locations
Life

65 Carl’s Jr. Locations at Risk After Major Franchisee Files for Chapter 11

Inside the fast-food shakeup putting one of California’s largest Carl’s Jr. franchisees, Friendly Franchisees Corporation, at risk as restructuring begins.

'RHOA' Star Pinky Cole Hayes Wins Back Atlanta Home Amid Chapter 11 Filing
Pop Culture

Inside Pinky Cole Hayes’ Court Win to Reclaim Her Atlanta Home

How the ‘RHOA’ newcomer and Slutty Vegan founder used Chapter 11 protections to beat a property seizure and keep crucial rental income flowing.

Applebee's Future Uncertain as 57 Stores Close Amid Chapter 11 Filing
Life

Applebee's Franchisee Bankruptcy Puts Over 50 Southern Locations at Risk

Inside the Chapter 11 filing shaking Applebee’s in Florida, Georgia, and Alabama—and what it means for your local neighborhood grill.

Danielle Olivera, Kory Keefer, Alex Propson, Amanda Batula, Brian Benni, Kyle Cook, Jordan Emanuel, Casey Craig, Katie Flood, Sam Feher, Jason Cameron, Tom Schwartz
Pop Culture

Kyle Cooke Says Loverboy Is on the Brink of Bankruptcy

'That's one of the reasons I started DJing, to pay the bills,' the 'Summer House' star revealed.

Holly Riordan85 days ago
Advertisement
'RHOA' Star Pinky Cole Says She Was Locked Out of Her Atlanta Mansion by Creditors
Pop Culture

‘RHOA’ Star Pinky Cole Claims Creditor Locked Her Out of Atlanta Home Amid Bankruptcy

The Slutty Vegan founder says a management company ignored her Chapter 11 protections, changed the locks, and cut off a key income stream.

Popeyes Franchisee Declares Bankruptcy, Shuttering Nearly All Restaurants in the South
Pop Culture

Popeyes Franchisee Files Chapter 11 With $130M Debt After Closing 20 Locations

How inflation, rising costs, and declining traffic impacted one of Popeyes’ largest Southern operators and what comes next for its remaining stores.

Embattled Turkey Leg Hut Owner Hints at Comeback
Pop Culture

Turkey Leg Hut Owner Teases ‘Rebirth’ After Bankruptcy and Legal Troubles

From arson allegations and federal charges to a possible relaunch, here’s how the once-iconic Houston hotspot could rise again.

Stay ahead on Exclusives

Download the Complex App