Much like other restaurant chains that filed for Chapter 11 in 2025, the company says rising costs, lower demand and other ...

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Chapter 11 bankruptcy is known as “reorganization” bankruptcy. This chapter allows businesses and individuals with high-value assets to develop a repayment plan to satisfy creditors over time.

This type of bankruptcy is available to any business, including corporations, partnerships, and sole proprietorships. The specific requirements for filing Chapter 11 vary from state to state.

Chapter 11 bankruptcy is a legal process that allows for the restructuring of your debt. While it is designed primarily for businesses, it can also be used by individuals with substantial debt.

The restaurant chain owes hundreds of thousands of dollars to multiple landlords and property managers in different states, including $335,000 owed to a restaurant supplier in Illinois.