bankruptcy Archives

Frontier Gun Maker Remington Seeks Bankruptcy Protection

It remains unclear what will happen to the company's 3,500 or so employees as Remington...

Toys ‘R’ Us Files for Bankruptcy But Keeps Stores Open

The company is seeking to restructure as it faces $5 billion in debt.

Payless ShoeSource Files for Bankruptcy Protection

The discount shoe chain has filed for Chapter 11 protection and will close nearly 400...

Do 643,000 Bankruptcies Occur in the U.S. Every Year Due to Medical Bills?

A popular meme holds that 643,000 Americans go bankrupt every year over medical bills, but...

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