Despite the filing, Jack's Donuts stated on Facebook that stores remain open and operations will continue uninterrupted.
The Indiana-based chain declared Chapter 11 bankruptcy amid numerous lawsuits. The brand has franchisees that remain open.
The filing, submitted to the U.S. Bankruptcy Court for the Southern District of Indiana, reveals over $14 million in liabilities and $1.4 million in personal property assets.
Epiq AACER linked the rise to the "mounting financial pressure" faced by Americans in 2025, reflected in rising household ...
Chapter 7 bankruptcy has specific income requirements, but many filers qualify. Here's what determines the outcome.
The income limits for Chapter 7 depend on numerous factors, including a complex calculation called the means test.
Guidance for business entities seeking to liquidate their assets under Chapter 7 of the Bankruptcy Code, including why a financially distressed business may choose liquidation under Chapter 7 rather ...