Cumulus Media filed for Chapter 11 bankruptcy, as the broadcaster entered into a prepackaged restructuring support agreement to eliminate roughly $600 million in debt.

The radio brand has a bankruptcy plan that would allow it to keep operating.

Could your debt be reduced or forgiven? Take our financial relief quiz. Some business owners and individuals with large amounts of debt turn to Chapter 11 bankruptcy to restructure what they owe and ...

When a company files for Chapter 7 or Chapter 11, investors often lose out ...

The company's two Albuquerque stores will remain open. CEO Kenton Van Harten says the company is 'hopeful this gets resolved.' ...

No one sets out in business to fail, but despite our best efforts, this sometimes occurs. The reasons are multiple and varied: Sometimes there is a change in the industry and the business has not been ...

Astute lenders are always looking for ways to minimize risk exposure, protect remedies, and maximize recoveries in connection with a loan, especially with respect to borrowers that have the potential ...

Shoppers should check upcoming deadlines for gift cards, returns, and liquidation sales before the chain closes all locations ...

Lila Kate Trucking, an Alabama-based carrier with 15 drivers, has filed for Chapter 11 bankruptcy protection. The post ...

Major discounts on offer at all francesca's women's fashion boutiques and outlets across 45 states as Houston-based retailer ceases operations after 25 years. HOUSTON, Feb. 6, 2026 /PRNewswire/ -- ...

Pat McGrath, explored an asset sale on Jan. 27, with an auction scheduled for that day, which was later canceled indefinitely. The company filed for Chapter 11 bankruptcy and continued operations ...

Hawthorne files Chapter 11 as horsemen report hundreds of thousands in bounced checks and the spring meet hangs in the ...