Big Lots Decatur store has already been having an going-out-of-business store. The Champaign location is already closed. 

DECATUR, Ill. (WAND) - Decatur Celebration Inc. has filed for Chapter 7 bankruptcy due to the impact of the COVID-19 pandemic, organizers said. 

DALLAS (AP) — A federal judge on Tuesday dismissed the National Rifle Association’s bankruptcy case, leaving the powerful gun-rights group to …

(AP) - Ruby Tuesday is filing for bankruptcy protection, the latest casual restaurant chain to suffer from coronavirus-related closures and ch…

LAKE FOREST, Ill. (WAND) — Akorn Inc. will be sold to its existing lenders after receiving approval from the United States Bankruptcy Court fo…

CHATTANOOGA, Tenn. (WAND) - The owner of Hickory Point Mall in Forsyth reached a restructuring support agreement with its debt holders. 

LAKE FOREST, Ill. (WAND) - Akorn has officially filed for Chapter 11 bankruptcy, the company announced Thursday. 

SPRINGFIELD, Ill. (WAND) - A Decatur man who concealed real estate assets from bankruptcy court must serve supervised release as part of his s…

URBANA, Ill. (WAND) – A farmer who prosecutors said committed bank fraud and abused the U.S. bankruptcy system is facing charges.