The restructuring plan would reduce Mitel’s debt by $1.15 billion, while resolving a dispute over a debt transaction that favored one group of creditors over another.

If you were one of the more than 517,000 people who filed for personal bankruptcy in 2024, you might not feel too optimistic ...

On the Border Mexican Grill & Cantina filed for Chapter 11 bankruptcy protections after closing 40 restaurant locations.

Financial struggles can feel overwhelming, especially if you're trying to juggle multiple issues, like mounting tax debt ...

Bankruptcy is often seen as a last resort when it comes to dealing with financial hardship. Many people view it as a failure ...