Boston Market Opening First Location After Filing for Bankruptcy

It's always a heartbreaker when a favorite fast-food chain files for bankruptcy, but it's becoming all too common. The good news is that often times, when a restaurant files for bankruptcy, if it's Chapter 11, it has a second chance to thrive.

According to Investopedia, Chapter 11 is a form of bankruptcy that "reorganizes a struggling company's debts to allow it to stay open and become solvent. A court-appointed trustee oversees the reorganization." They add that with Chapter 11, "a company...