bankruptcies

Red Lobster is coming back strong with a new CEO in charge, after private equity owners drove the restaurant chain into bankruptcy.

Red Lobster was the epitome of American family dining, but had to file for bankruptcy last year. We retrace how the restaurant chain came unglued, and what happens next.
December 18, 2025 Alex Summers

The Ignominious End Of Silicon Valley Bank

Silicon Valley Bank was flying high, but when public confidence started to crack, the bank collapsed in a matter of hours.
December 5, 2025 Alex Summers

Sears once dominated retail with its catalogs and suburban stores, but decades of missteps led to the chain’s unravelling.

In its heyday, Sears was America’s largest retailer. But after years of terrible business decisions, the Sears success story unravelled.
December 1, 2025 Jane O'Shea

My older brother is the trustee of Mom’s estate, but his business is bankrupt and he stopped sending out my monthly trust distribution. What now?

Your older brother is the trustee of your mom’s estate, but now he is in the process of losing his business, and your payments from the trust have stopped. We look at what to do now that family and money are in conflict.
September 26, 2025 Sammy Tran

The Difference Between Chapter 7 Bankruptcy And Chapter 13: What You Need To Know

Knowing the distinctions between Chapter 7 and Chapter 13 bankruptcy will allow you to make an informed, life-changing financial decision.
September 11, 2025 Peter Kinney

Jackpot Nightmares: Lottery Winners Who Lost Everything

From big houses and fancy vacations to bankruptcy to hitmen—It's true that winning millions of dollars in the Lottery changed their lives...but, it was definitely for the worst.
September 2, 2025 Jesse Singer