Bankruptcy is a federal court process that erases or restructures debts you cannot repay. Here's how Chapter 7 and 13 work and what you keep.

Financially challenged fast-food franchisees have been lining up to file for bankruptcy protection in 2026 to reorganize their businesses and restructure debt. Another Hardee’s franchisee, ARC Burger ...

Following months of rumors, lawsuits and financial unease, LIV Golf has officially filed for bankruptcy. The rival golf league that took on the status quo in pro golf has filed for Chapter 11 ...

LIV Golf filed for bankruptcy protection Tuesday, just over four years after it held its first event. Jan Kruger / Getty Images LIV Golf’s effort to save its business and resurrect a new iteration of ...

Here are the latest developments in LIV Golf's bankruptcy proceedings, including the first investment by its new funding partner. The Chapter 11 case is playing out in New Jersey. Front Office Sports ...

LIV Golf filed for bankruptcy Tuesday, five months after Saudi Arabia's Public Investment Fund announced it would pull its funding of the breakaway circuit that upended the sport. LIV Golf has found a ...

LIV Golf and its related entities voluntarily filed for Chapter 11 protection in the U.S. Bankruptcy Court of New Jersey on Tuesday, according to court records. The league indicated it had between ...

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LIV Golf said it filed for Chapter 11 bankruptcy protection and entered into a restructuring support agreement with BC Partner Advisors LP. Earlier this year, LIV faced a Saudi funding cliff and ...

LIV Golf has filed for Chapter 11 bankruptcy protection to restructure the league into a new player-owned model. The league lists assets between $100 million and $500 million, with liabilities ranging ...

LIV Golf has filed for Chapter 11 bankruptcy and plans to restructure as a player-owned league. The proposed reorganization is backed by private equity firm BC Partners and a bridge loan from Saudi ...

“Our focus remains on serving our customers, supporting our franchise system, and strengthening the long-term health of the brand,” The Wendy’s Company said Chiara Kim is an Editorial Assistant, Food ...