bankruptcy

The move was anticipated by industry insiders.

Some of these are located in and around Acadiana, and we are wishing them well in the future.

As part of their plan for financial survival, Payless has announced store closures across the nation. Nine of those closures will occur in Louisiana.

Hancock Fabrics is closing all of it remaining 185 stores after filing for bankruptcy.

An iconic catalog files for bankruptcy protection. The world may never find another place to secure a Darth Vader Toaster again.

Eddie Montgomery, half of the duo Montgomery Gentry, has filed for chapter 7 bankruptcy protection in Lexington, Kentucky.

Casey Anthony is broke. The 26-year-old has filed for bankruptcy protection, claiming she owes nearly $800,000 with barely over $1,000 in the bank.

Hostess, which makes such iconic foods as Wonder Bread and Twinkies, has filed for bankruptcy. The company is some $860 million in debt, so clearly some restructuring is in order. What happens now, you ask? Here are some possible scenarios of what may take place: