Pizza, burger, steakhouse chain owner faces Chapter 11 bankruptcy

Debt can sink a business. Even when a company’s locations are largely cash positive, if they don’t create enough revenue to pay off debt, that can force a Chapter 11 bankruptcy. Banks and other lenders, however, can be lenient, but that usually comes down to one simple question. Will the lender …

Leave a Reply

Your email address will not be published. Required fields are marked *