Filing for bankruptcy

• Bankruptcy filings surged last year. Here's what's behind the rise - The increase in bankruptcy filings comes as Americans face a slate of economic pressures, from sticky inflation to elevated borrowing costs.
• 84-year-old dining chain franchisee files Chapter 7 bankruptcy - Restaurant chains have faced hundreds of closings in 2025, with some operators forced to file Chapter 11 or Chapter 7 bankruptcy protection to liquidate assets. In some cases, restaurant chains shut down all locations without filing for ban