Bankruptcy/page/2 news and trends

QVC Files Chapter 11 to Slash Debt and Pursue Growth
Retail // April 17, 2026

Live social shopping company QVC Group has begun voluntary Chapter 11 proceedings to implement a comprehensive prepackaged financial restructuring plan. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Crypto Firm BlockFills Files for Bankruptcy After Suspending Transactions
Cryptocurrency // March 16, 2026

Cryptocurrency platform BlockFills says it is seeking bankruptcy protection after suspending client accounts last month. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today....

Saks Global Pledges $600 Million to Vendors After Court Win
Retail // February 20, 2026

Saks Global received court approval Friday (Feb. 20) for a $1 billion bankruptcy loan, Reuters reported Friday. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our...

QVC Weighs Bankruptcy as $6.6 Billion Debt Looms
Business // February 10, 2026

Television shopping network QVC Group has held confidential talks with creditors to restructure its debt in bankruptcy, Bloomberg reported Tuesday (Feb. 10), citing unnamed sources. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Interviews & Exclusives
CFPB Moves to Keep Synapse Case Alive for Consumer Relief

June 23, 2025
Reports of the Consumer Financial Protection Bureau’s death have been exaggerated. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing communications from PYMNTS […]

Frozen Funds Still Unresolved as Synapse Bankruptcy Nears Conclusion

April 14, 2025
The protracted Synapse Financial Technologies bankruptcy is nearing its final stages with a whimper rather than a bang. Late last week (April 10) Trustee Jelena McWilliams filed a status report...

Big Lots Exec Says Mobile and Digital Become On-Ramp for Bankruptcy Exit

December 16, 2024
Big Lots’ Chapter 11 bankruptcy filing and upcoming acquisition by Nexus Capital Management revealed the deep-rooted issues in the company’s business model, particularly its struggle to adapt to the digital age. Get...

Thredd CEO Counts on Regulators to Address Vulnerabilities of Banking as a Service

June 21, 2024
The relationships between FinTechs, banks and neobanks has been placed under a harsh spotlight with the recent revelations around the Synapse bankruptcy. Get the Full Story Complete the form to...

Quick Reads
QVC Files Chapter 11 to Slash Debt and Pursue Growth

April 17, 2026
Live social shopping company QVC Group has begun voluntary Chapter 11 proceedings to implement a comprehensive prepackaged financial restructuring plan. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this […]

Crypto Firm BlockFills Files for Bankruptcy After Suspending Transactions

March 16, 2026
Cryptocurrency platform BlockFills says it is seeking bankruptcy protection after suspending client accounts last month. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Saks Global Pledges $600 Million to Vendors After Court Win

February 20, 2026
Saks Global received court approval Friday (Feb. 20) for a $1 billion bankruptcy loan, Reuters reported Friday. Get the Full Story Complete the form to unlock this article and enjoy...

QVC Weighs Bankruptcy as $6.6 Billion Debt Looms

February 10, 2026
Television shopping network QVC Group has held confidential talks with creditors to restructure its debt in bankruptcy, Bloomberg reported Tuesday (Feb. 10), citing unnamed sources. Get the Full Story Complete the form...