Bankruptcy News: Key Economic Updates You Need to Know

Bankruptcy News: Your Snapshot of Economic Shakeups

Welcome to Bankruptcy News, where key economic updates are summarized right at your fingertips. Whether it’s the economic friction of tariffs, debt loads, or shifting consumer habits, these updates help you track the pulse of an economy under strain.

Whether it’s struggling retailers caught in the crossfire of trade wars, brick-and-mortar businesses closing their doors, or the rise in consumer bankruptcy, Bankruptcy News tracks the fallout and the shakeups that impact our lives so that you are prepared and can stay ahead of the curve.

Buca di Beppo Closing Locations

Buca di Beppo, like many chain restaurants, is facing the pinch as locations continue to close. Which locations are on the chopping block? Here’s a current list of closures:

Arizona – 7111 West Ray Road, Chandler, AZ
California – 1249 Howe Avenue, Sacramento, CA
Colorado – 615 Flatiron Marketplace Drive, Broomfield, CO
Florida – 351 South Orlando Avenue, Maitland, FL
Hawaii – 1030 Auahi Street, Honolulu, Hi
Indiana – 6045 East 86th Street, Indianapolis, IN
Maryland – 112 Kentlands Blvd, Gaithersburg, MD
Michigan (2) 38888 Six Mile Road, Livonia & 12575 Hall Road, Utica
New Jersey – 44 Wolf Road, Atlantic City, NJ
New York – 1900 Pacific Avenue, Colonie, NY
North Carolina – 10915 Carolina Place Parkway, Pineville, NC
Ohio – 60 East Wilson Bridge, Worthington, OH
Pennsylvania (3) – 3 East Station Square Drive, Pittsburgh, 6600 Robinson Centre Drive, Pittsburgh, & 2745 Paper Mill Road, Wyomissing
Utah (2) – 202 West 200 South, Salt Lake City & 935 East Fort Union Blvd, Midvale, UT.

Farming Industry Takes a Hit

Another blow to American farms. Bankruptcies are rising in Arkansas. Sadly, it’s déjà vu from the first Trump term, and Chapter 12 bankruptcies will likely increase again because of tariffs, cuts to USAID and Food for Peace (Kansas).

In Kansas, the state’s economy is 50% agricultural. Under President Trump’s policies, red states are likely to be disproportionately affected. This is referred to as the “red rural recession.”

It Might Become Harder to Find a Job

My Job Matcher (Job.com) filed for Chapter 11 bankruptcy protection in the District of Delaware court. A few days earlier, CareerBuilder and Monster.com also filed for Chapter 11 bankruptcy protection.

Jacksonville Jaguars

Even though I now reside minutes from Jacksonville, I can’t say I’m familiar with the Jacksonville Jaguars, but Telvin Smith, the former linebacker, is facing foreclosure. However, that should be the least of his problems, considering he has a prior conviction for having sex with a 17-year-old girl and was recently arrested by the Jacksonville Sheriff’s Office on charges of aggravated assault with a deadly weapon without intent to kill, per the St. John’s Citizen.

You can find additional categories by clicking below or by using the search feature at the top of this page:

• Bankruptcy
• Your Wallet

This post will be updated regularly as new information becomes available

Please note that the information on this site does not constitute legal advice and should be considered for informational purposes only.